Free Daily Analysis

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.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

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).

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
P/E Ratio0.4Beta2.01
Get a free daily analysis and signals for Abraxas Petroleum Corp (AXAS) - Request Your Free Report.