In a welcome move, Gulfport Energy saw its Relative Strength Rating rise from 61 to 73 on Tuesday.
IBD's proprietary RS Rating identifies technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the top-performing stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Gulfport Energy can continue to rebound and hit that benchmark.
Can You Really Time The Stock Market?
While Gulfport Energy is not near an ideal entry right now, see if it goes on to form and break out of a proper base.
Earnings growth rose last quarter from 0% to 84%. But revenue gains fell from -5% to -51%.
Gulfport Energy earns the No. 6 rank among its peers in the Oil&Gas-U.S. Exploration & Production industry group. PrimeEnergy Resources, Range Resources and LandBridge are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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