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Stock Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

Abraxas Petroleum Corp (NASDAQ:AXAS)

Countertrend Up (+85) - AXAS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

NASDAQ_AXAS
Open High Low AXAS Price Change
3.86 4.38 3.82 4.27 +0.50
Entry Signal

MarketClub’s Trade Triangles for AXAS

long term up The long-term trend has been UP since Feb 5th, 2021 at 3.5000

intermediate term up The intermediate-term trend has been UP since Jan 12th, 2021 at 2.7400

short term down The short-term trend has been DOWN since Mar 2nd, 2021 at 3.8294

Smart Scan Analysis for AXAS

Based on our trend formula, AXAS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for AXAS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.86 4.38 3.82 4.27 +0.50
Prev. Close Volume Bid Ask Time
3.77 725166 2021-03-03 15:59:34
Year High3.27Year High Date2018-05-22
Year Low1.58Year Low Date2018-11-13
52wk High1152wk High Date2020-04-24
52wk Low1.4152wk Low Date2020-10-29
Year End Close2.19Average Volume864,603
Shares Outstanding8,403Short Interest9,517,653
% Institutional48.2Market Cap88M
Assets225,236,000MLiabilities229,474,000M
Beta2.01Volatility45.27
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