Stock Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
Goodrich Petroleum Corp (AMEX:GDP)
Sidelines Mode (+55) - GDP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for GDP.
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MarketClub’s Trade Triangles for GDP
The long-term trend has been UP since Jun 5th, 2020 at 9.2300
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 9.7265
The short-term trend has been UP since Mar 3rd, 2021 at 10.0000
Smart Scan Analysis for GDP
Based on our trend formula, GDP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||15.75||Year High Date||2018-05-15|
|Year Low||9.92||Year Low Date||2018-03-09|
|52wk High||13.3||52wk High Date||2020-11-13|
|52wk Low||2.395||52wk Low Date||2020-03-09|
|Average Volume||83,718||Shares Outstanding||12,656|