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Stock Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

Adams Resources & Energy, Inc. (AMEX:AE)

Strong Downtrend (-100) - AE is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AE continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid AE?

MarketClub looks at technical strength and momentum to determine if the timing is right for AE.

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

Open High Low AE Price Change
26.4000 26.9499 26.4523 26.6000 -0.1300
Entry Signal

MarketClub’s Trade Triangles for AE

long term down The long-term trend has been DOWN since Mar 20th, 2023 at 36.6301

intermediate term down The intermediate-term trend has been DOWN since Nov 8th, 2023 at 31.2100

short term down The short-term trend has been DOWN since Dec 5th, 2023 at 27.8001

Smart Scan Analysis for AE

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

Smart Scan Analysis for AE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.4000 26.9499 26.4523 26.6000 -0.1300
Prev. Close Volume Bid Ask Time
26.6000 2593 2023-12-08 15:08:12
Year High50.33Year High Date2018-05-07
Year Low35.81Year Low Date2018-10-23
52wk High61.8452wk High Date2023-02-13
52wk Low26.0552wk Low Date2023-12-06
Year End Close35.07Average Volume9,806
Shares Outstanding2,546Short Interest37,635
% Institutional32.8Market Cap127M
P/E Ratio41.6471Beta1.71
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