Stock Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
BASIC ENERGY SERVICES INC (NASDAQ:BASXQ)
Long-Term Downtrend (-90) - BASXQ is in a strong downtrend that is likely to continue. While BASXQ is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BASXQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for BASXQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BASXQ
The long-term trend has been DOWN since Aug 24th, 2021 at 0.0421
The intermediate-term trend has been DOWN since Aug 24th, 2021 at 0.0421
The short-term trend has been DOWN since Oct 12th, 2021 at 0.0206
Smart Scan Analysis for BASXQ
Based on our trend formula, BASXQ is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.45||52wk High Date||2021-02-26|
|52wk Low||0.01||52wk Low Date||2021-10-19|
|Average Volume||136,211||Shares Outstanding||24,900|