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Stock Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Abraxas Petroleum Corp (NASDAQ:AXAS)

Bull Market Weakness (+75) - AXAS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AXAS as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid AXAS?

MarketClub looks at technical strength and momentum to determine if the timing is right for AXAS.

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NASDAQ_AXAS
Open High Low AXAS Price Change
0.1280 0.1356 0.1250 0.1356 +0.0057
Entry Signal

MarketClub’s Trade Triangles for AXAS

long term down The long-term trend has been DOWN since May 23rd, 2019 at 1.0100

intermediate term up The intermediate-term trend has been UP since Apr 2nd, 2020 at 0.1499

short term up The short-term trend has been UP since Apr 2nd, 2020 at 0.1300

Smart Scan Analysis for AXAS

Based on our trend formula, AXAS is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for AXAS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1280 0.1356 0.1250 0.1356 +0.0057
Prev. Close Volume Bid Ask Time
0.1280 2572275 2020-04-08 15:59:43
Year High3.27Year High Date2018-05-22
Year Low1.58Year Low Date2018-11-13
52wk High1.5552wk High Date2019-04-23
52wk Low0.0952wk Low Date2020-03-18
Year End Close2.19Average Volume3,728,367
Shares Outstanding168,400Short Interest9,517,653
% Institutional48.2Market Cap88M
Assets441,024,000MLiabilities269,451,000M
P/E Ratio0.4Beta2.01
Volatility45.27
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