Stock Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Goodrich Petroleum Corp (AMEX:GDP)
Crossroads (+60) - GDP is struggling to move into a solid trend. Beware of choppy markets 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 DOWN since May 23rd, 2019 at 11.6035
The intermediate-term trend has been UP since Apr 1st, 2020 at 4.6600
The short-term trend has been UP since May 19th, 2020 at 7.1700
Smart Scan Analysis for GDP
Based on our trend formula, GDP is rated as a +60 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||15.24||52wk High Date||2019-04-15|
|52wk Low||2.395||52wk Low Date||2020-03-09|
|Average Volume||53,327||Shares Outstanding||12,533|