Technical Analysis for AREX - Approach Resources Inc.

Grade Last Price % Change Price Change
grade F 1.04 -8.77% -0.10
AREX closed down 8.77 percent on Wednesday, January 16, 2019, on approximately normal volume.

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
Jan 16 20 DMA Support Bullish 0.00%
Jan 16 Wide Bands Range Expansion 0.00%
Jan 16 Down 3 Days in a Row Weakness 0.00%
Jan 16 Down 4 Days in a Row Weakness 0.00%
Jan 15 Wide Bands Range Expansion -8.77%
Jan 15 Down 3 Days in a Row Weakness -8.77%
Jan 14 Wide Bands Range Expansion -9.57%
Jan 11 Narrow Range Bar Range Contraction -12.61%
Jan 11 NR7 Range Contraction -12.61%
Jan 11 Inside Day Range Contraction -12.61%

Older signals for AREX ...

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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.
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: 1 bullish, 3 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 3.72
52 Week Low 0.83
Average Volume 298,911
200-Day Moving Average 2.1017
50-Day Moving Average 1.2394
20-Day Moving Average 1.0375
10-Day Moving Average 1.131
Average True Range 0.1184
ADX 25.39
+DI 22.5118
-DI 21.9749
Chandelier Exit (Long, 3 ATRs ) 0.9448
Chandelier Exit (Short, 3 ATRs ) 1.1852
Upper Bollinger Band 1.2662
Lower Bollinger Band 0.8088
Percent B (%b) 0.51
BandWidth 44.086747
MACD Line -0.0268
MACD Signal Line -0.0526
MACD Histogram 0.0258
Fundamentals Value
Market Cap 89.8 Million
Num Shares 86.3 Million
EPS -2.87
Price-to-Earnings (P/E) Ratio -0.36
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) 1.22
Resistance 3 (R3) 1.23 1.19 1.19
Resistance 2 (R2) 1.19 1.14 1.18 1.18
Resistance 1 (R1) 1.11 1.11 1.09 1.10 1.17
Pivot Point 1.07 1.07 1.06 1.06 1.07
Support 1 (S1) 0.99 1.02 0.97 0.98 0.91
Support 2 (S2) 0.95 0.99 0.94 0.90
Support 3 (S3) 0.87 0.95 0.89
Support 4 (S4) 0.86