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Stock Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

Abraxas Petroleum Corp (NASDAQ:AXAS)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_AXAS
Open High Low AXAS Price Change
1.355 1.385 1.315 1.340 -0.030
Entry Signal

MarketClub’s Trade Triangles for AXAS

long term down The long term trend has been DOWN since Aug 3rd, 2018 at 2.39

intermediate term up The intermediate term trend has been UP since Jan 7th, 2019 at 1.38

short term down The short term trend has been DOWN since Jan 11th, 2019 at 1.35

Smart Scan Analysis for AXAS

Based on a pre-defined weighted trend formula for chart analysis, AXAS scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for AXAS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.355 1.385 1.315 1.340 -0.030
Prev. Close Volume Bid Ask Time
1.4 435054 2019-01-18 15:59:43
Year High3.27Year High Date2018-05-22
Year Low1.58Year Low Date2018-11-13
52wk High3.2752wk High Date2018-05-22
52wk Low1.5852wk Low Date2018-11-13
Year End Close2.19Average Volume1,061,447
Shares Outstanding92,557Short Interest9,517,653
% Institutional48.2Beta2.01
Volatility45.27
Want to analyze Abraxas Petroleum Corp AXAS or another symbol? Try our Free Stock Trend Analysis Report.