So What’s Better: TransGlobe Energy Corporation ($TGA) Or Gulfport Energy Corporation ($GPOR)?

2019-08-16 | Welcome! Today we compared how two different stocks in the Oil & Gas Production industry are trading: TransGlobe Energy Corporation and Gulfport Energy Corporation. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, TransGlobe Energy Corporation opened at 1.45, got to a maximum price of 1.45 and dropped to as low as 1.4 before finishing the session at 1.44. In total there were 149100 shares traded, which is enough to conduct our analysis. Compare that now to Gulfport Energy Corporation, which opened at 2.99, had a high of 3.02, a low of 2.84, closed at 2.94 and had a total volume of 3884600.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator TransGlobe Energy Corporation Gulfport Energy Corporation
Accumulation-distribution index 4.36667 83.2529
on-balance volume 1.43 2.98
chaikin money flow

0.4328 11.0
force index

0.0048 0.0837
ease of movement rating

0.00026 -0.00181
volume-price trend

-0.16466 -1.36722
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator TransGlobe Energy Corporation Gulfport Energy Corporation
Average true range 0.04085 0.23895
Bolinger bands 1.43828 3.05056
Upper bollinger band 1.38172 2.73944
Lower bollinger band

1.4 2.84
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

1.0 nan
Central keltner channel

1.43333 2.95
High band keltner channel

1.43333 2.92
Low band keltner channel

1.43333 2.98
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

1.4 2.84
Donchain channel low band

1.4 2.84
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 nan

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator TransGlobe Energy Corporation Gulfport Energy Corporation
Moving Average Convergence Divergence (MACD) trend_macd 0.00247
MACD signal 0.00025 0.00137
MACD difference 0.0002 0.0011
fast Exponential Moving Average (EMA) indicator

1.4 2.84
slow Exponential Moving Average (EMA) indicator

1.4 2.84
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.38928 0.00104
trix

-6.6497 -37.69329
Mass Index (MI)

2.44 1.0
Commodity Channel Index (CCI)

66.66667 66.66667
Detrended Price Oscillator (DPO)

0.18328 2.61238
KST Oscillator (KST)

-115.76192 -479.12645
KST Oscillator (KST Signal)

-115.76192 -479.12645
KST difference

3.15799 5.04367
Ichimoku rating

1.45 3.005
Ichimoku B rating

1.45 3.005
Ichimoku visual trend A

1.60176 5.29972
Ichimoku visual trend B

1.54515 4.69214
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

4.0 4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator TransGlobe Energy Corporation Gulfport Energy Corporation
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 50.73907 51.38853
True Strength Index (TSI) -100.0 -100.0
ultimate oscillator

-37.51388 -7.40016
stochastic oscillator

50.0 600.0
stochastic oscillator signal

50.0 600.0
Williams %R rating

-50.0 500.0
awesome oscillator

0.00483 0.055

RETURNS: That’s all for technical analysis. Now let’s just list the returns for TransGlobe Energy Corporation and Gulfport Energy Corporation.

Daily return -11.57619 -47.91265
Daily log return 1.41846 3.80011
Cumulative return 1.42857 3.87324

So there you have it: our deep, grueling analysis comparing TransGlobe Energy Corporation and Gulfport Energy Corporation together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s TransGlobe Energy Corporation:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether TGA is strong or weak. Again – this is not a reliable indication of whether TransGlobe Energy Corporation is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with Gulfport Energy Corporation

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Abigale Lormen

Abigale is a Masters in Business Administration by education. After completing her post-graduation, Abigale jumped the journalism bandwagon as a freelance journalist. Soon after that she landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor at amarketreportsjournal.
Abigale Lormen

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