Stock Trend Analysis Report
Prepared for you on Monday, January 25, 2021.
BASIC ENERGY SERVICES INC (NASDAQ:BASX)
Crossroads (-60) - BASX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BASX?
MarketClub looks at technical strength and momentum to determine if the timing is right for BASX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BASX
The long-term trend has been DOWN since Nov 9th, 2020 at 0.1500
The intermediate-term trend has been UP since Jan 6th, 2021 at 0.1400
The short-term trend has been UP since Jan 12th, 2021 at 0.1427
Smart Scan Analysis for BASX
Based on our trend formula, BASX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.769653||52wk High Date||2019-11-05|
|52wk Low||0.0651||52wk Low Date||2020-03-16|
|Average Volume||45,834||Shares Outstanding||24,900|