Technical Analysis for AXAS - Abraxas Petroleum Corporation

Grade Last Price % Change Price Change
F 2.44 -1.21% -0.03
AXAS closed up 3.35 percent on Wednesday, April 21, 2021, on 16 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical AXAS trend table...

Date Alert Name Type % Chg
Lower Bollinger Band Walk Weakness -1.62%
Inside Day Range Contraction -1.62%
Wide Bands Range Expansion -1.62%
Oversold Stochastic Weakness -1.62%
Lower Bollinger Band Walk Weakness 1.67%
Outside Day Range Expansion 1.67%
Wide Bands Range Expansion 1.67%
Lower Bollinger Band Touch Weakness 1.67%
Oversold Stochastic Weakness 1.67%
Lower Bollinger Band Walk Weakness -3.19%
Older End-of-Day Signals for AXAS ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible NR7 about 2 hours ago
Possible Inside Day about 2 hours ago
Down 3% about 7 hours ago
Down 2 % about 7 hours ago
Down 1% about 7 hours ago
View Earlier Intraday Alerts

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Profile

Abraxas Petroleum Corporation, an independent energy company, engages in the acquisition, exploitation, development, and production of oil and gas in the United States and Canada. The company operates oil and gas assets in the Rocky Mountain, Mid-Continent, Permian Basin, and onshore Gulf Coast regions of the United States, as well as in the province of Alberta, Canada. As of December 31, 2012, its estimated net proved reserves were 30.1 million barrels of oil equivalent. The company was founded in 1977 and is based in San Antonio, Texas.
Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Petroleum Industry Oil And Gas Oil Equivalent Permian Basin Energen Resources Corporation Oil And Gas Assets

Is AXAS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 11.0
52 Week Low 1.41
Average Volume 379,904
200-Day Moving Average 3.15
50-Day Moving Average 3.62
20-Day Moving Average 2.97
10-Day Moving Average 2.67
Average True Range 0.28
ADX 23.38
+DI 13.63
-DI 27.02
Chandelier Exit (Long, 3 ATRs ) 3.02
Chandelier Exit (Short, 3 ATRs ) 3.07
Upper Bollinger Band 3.68
Lower Bollinger Band 2.26
Percent B (%b) 0.15
BandWidth 47.74
MACD Line -0.32
MACD Signal Line -0.27
MACD Histogram -0.0487
Fundamentals Value
Market Cap 20.76 Million
Num Shares 8.4 Million
EPS 0.01
Price-to-Earnings (P/E) Ratio 494.00
Price-to-Sales 0.37
Price-to-Book 0.20
PEG Ratio 7.85
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.74
Resistance 3 (R3) 2.72 2.61 2.70
Resistance 2 (R2) 2.61 2.54 2.62 2.68
Resistance 1 (R1) 2.54 2.50 2.58 2.56 2.66
Pivot Point 2.43 2.43 2.45 2.44 2.43
Support 1 (S1) 2.36 2.36 2.40 2.38 2.28
Support 2 (S2) 2.25 2.32 2.26 2.26
Support 3 (S3) 2.18 2.25 2.25
Support 4 (S4) 2.20