REPORTING FOR 2019-10-15 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how BAS has been trading over the last 2 weeks and the past day especially. On its latest session, Basic Energy Services, Inc. ($BAS) opened at 1.0, reaching a high of 1.0 and a low of 0.8519 before closing at a price of 0.9114. There was a total volume of 859200.
VOLUME INDICATORS FOR BASIC ENERGY SERVICES, INC. ($BAS): We saw an accumulation-distribution index of 4.08, an on-balance volume of 1.02, chaikin money flow of 1.58434 and a force index of 0.015. There was an ease of movement rating of -0.00235, a volume-price trend of -0.43041 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR BASIC ENERGY SERVICES, INC. ($BAS): We noted an average true range of 0.12451, bolinger bands of 1.1354, an upper bollinger band of 0.7165, lower bollinger band of 0.8519, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 0.95063, high band keltner channel of 0.95063, low band keltner channel of 0.95063, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 0.8519, a donchian channel low band of 0.8519, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR BASIC ENERGY SERVICES, INC. ($BAS): We calculated a Moving Average Convergence Divergence (MACD) of 0.00332, a MACD signal of 0.00185, a MACD difference of 0.00148, a fast Exponential Moving Average (EMA) indicator of 0.8519, a slow Exponential Moving Average (EMA) indicator of 0.8519, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.38898, a trix of -41.38228, a Mass Index (MI) of 1.8, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 0.79302, a KST Oscillator (KST) of -482.10216 and a KST Oscillator (KST Signal) of -482.10216 (leaving a KST difference of 22.50871). We also found an Ichimoku rating of 1.0, an Ichimoku B rating of 1.0, a Ichimoku visual trend A of 1.74883, an Ichimoku visual trend B of 1.64575, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR BASIC ENERGY SERVICES, INC. ($BAS): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 55.04338, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -22.96412, a stochastic oscillator of 50.0, a stochastic oscillator signal of 50.0, a Williams %R rating of -50.0 and an awesome oscillator of 0.0215.
RETURNS FOR BASIC ENERGY SERVICES, INC. ($BAS): There was a daily return of -48.21022, a daily log return of 16.02861 and a cumulative return of 17.38467.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-15 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Basic Energy Services, Inc. ($BAS)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Basic Energy Services, Inc. ($BAS) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.