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Stock Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

Abraxas Petroleum Corp (NASDAQ:AXAS)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.3101 0.3200 0.3000 0.3027 -0.0109
Entry Signal

MarketClub’s Trade Triangles for AXAS

long term down The long term trend has been DOWN since May 23rd, 2019 at 1.010000

intermediate term down The intermediate term trend has been DOWN since Jan 24th, 2020 at 0.300113

short term down The short term trend has been DOWN since Jan 22nd, 2020 at 0.319050

Smart Scan Analysis for AXAS

Based on a pre-defined weighted trend formula for chart analysis, AXAS scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for AXAS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3101 0.3200 0.3000 0.3027 -0.0109
Prev. Close Volume Bid Ask Time
0.3250 1248194 2020-01-24 15:59:41
Year High3.27Year High Date2018-05-22
Year Low1.58Year Low Date2018-11-13
52wk High1.5552wk High Date2019-04-23
52wk Low0.224552wk Low Date2019-11-21
Year End Close2.19Average Volume2,785,034
Shares Outstanding168,452Short Interest9,517,653
% Institutional48.2Market Cap88M
Assets441,024,000MLiabilities269,451,000M
P/E Ratio0.9Beta2.01
Volatility45.27
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