Technical Analysis for AREX - Approach Resources Inc.

Grade Last Price % Change Price Change
grade F 0.38 -5.00% -0.02
AREX closed down 5.0 percent on Tuesday, March 26, 2019, on 3.79 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical AREX trend table...

Date Alert Name Type % Chg
Mar 26 New 52 Week Closing Low Bearish 0.00%
Mar 26 Volume Surge Other 0.00%
Mar 26 Lower Bollinger Band Walk Weakness 0.00%
Mar 26 New 52 Week Low Weakness 0.00%
Mar 26 Wide Bands Range Expansion 0.00%
Mar 26 Below Lower BB Weakness 0.00%
Mar 26 Down 3 Days in a Row Weakness 0.00%
Mar 26 Down 4 Days in a Row Weakness 0.00%
Mar 26 Down 5 Days in a Row Weakness 0.00%
Mar 26 Lower Bollinger Band Touch Weakness 0.00%

Older signals for AREX ...

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:

Profile
Approach Resources Inc., an independent energy company, engages in the acquisition, development, exploration, and production of oil and gas properties in the United States. The company's properties are primarily located in the Permian Basin in West Texas, as well as in the East Texas Basin. As of December 31, 2012, it had estimated proved reserves of approximately 95.5 million barrels of oil equivalent in Crockett and Schleicher Counties, Texas, and owned and operated 594 producing oil and gas wells in the Permian Basin, as well as owned working interests in 9 producing gas wells in the East Texas Basin. Approach Resources Inc. was incorporated in 2002 and is headquartered in Fort Worth, Texas.
Energy Geology Of The United States Oil Equivalent Geology Of North America Oil And Gas Wells Permian Basin Oil And Gas Properties Gas Wells Eog Resources Energen Resources Corporation
Is AREX a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 3.26
52 Week Low 0.362
Average Volume 335,890
200-Day Moving Average 1.6777
50-Day Moving Average 0.9444
20-Day Moving Average 0.8548
10-Day Moving Average 0.754
Average True Range 0.1029
ADX 31.92
+DI 9.8312
-DI 42.3609
Chandelier Exit (Long, 3 ATRs ) 0.8113
Chandelier Exit (Short, 3 ATRs ) 0.6707
Upper Bollinger Band 1.2946
Lower Bollinger Band 0.415
Percent B (%b) -0.04
BandWidth 102.901264
MACD Line -0.1328
MACD Signal Line -0.0662
MACD Histogram -0.0666
Fundamentals Value
Market Cap 32.81 Million
Num Shares 86.3 Million
EPS -2.87
Price-to-Earnings (P/E) Ratio -0.13
Price-to-Sales 1.90
Price-to-Book 0.35
PEG Ratio -1.40
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.54
Resistance 3 (R3) 0.55 0.51 0.52
Resistance 2 (R2) 0.51 0.47 0.51 0.51
Resistance 1 (R1) 0.45 0.45 0.43 0.43 0.50
Pivot Point 0.40 0.40 0.39 0.40 0.40
Support 1 (S1) 0.34 0.36 0.32 0.33 0.26
Support 2 (S2) 0.30 0.34 0.29 0.25
Support 3 (S3) 0.23 0.30 0.25
Support 4 (S4) 0.22