Technical Analysis for AMAZ - Amazing Energy Oil & Gas Co

Grade Last Price % Change Price Change
grade D 0.1255 -5.14% -0.0068
AMAZ closed down 5.14 percent on Friday, January 24, 2020, on 11 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. 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 Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical AMAZ trend table...

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
Outside Day Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Centerline Cross Bearish -5.14%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -5.14%
Narrow Range Bar Range Contraction -5.14%
Lower Bollinger Band Walk Weakness -5.14%
Stochastic Reached Oversold Weakness -5.14%
Older signals for AMAZ ...

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Profile

Amazing Energy Oil and Gas, Co. is an independent energy company. The Company is engaged in the business of exploration, development and production of oil and gas in the Permian Basin of West Texas. The Company is also engaged in the production and sale of oil and natural gas. The Company is developing resource potential from the Queens formation. Its additional drilling targets include the Greyburg, San Andreas and Devonian zones. As of July 31, 2016, the Company had leasehold rights within approximately 70,000 contiguous acres in Pecos County, Texas, which lies within the Permian Basin. The property is located in the Northeast region of the County. The Pecos leasehold lies within the White & Baker Field and portions of the Walker Field. The Pecos leasehold consists of multiple leases. As of July 31, 2016, its estimated net proved reserves were 745,190 barrels of oil equivalent (BOE). As of July 31, 2016, the Company owned 22 oil and gas wells in the Permian Basin.
Energy Natural Gas Oil Oil And Gas Energy In The United States Oil Equivalent Oil And Gas Law In The United States Oil And Gas Wells Permian Basin Bank Of England Slaughter Field

Is AMAZ 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 0.4
52 Week Low 0.06
Average Volume 37,165
200-Day Moving Average 0.1464
50-Day Moving Average 0.1329
20-Day Moving Average 0.1509
10-Day Moving Average 0.1442
Average True Range 0.0194
ADX 27.46
+DI 24.3966
-DI 20.4233
Chandelier Exit (Long, 3 ATRs ) 0.1418
Chandelier Exit (Short, 3 ATRs ) 0.1782
Upper Bollinger Band 0.1796
Lower Bollinger Band 0.1222
Percent B (%b) 0.06
BandWidth 38.0384
MACD Line -0.0023
MACD Signal Line 0.0026
MACD Histogram -0.0049
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.1360
Resistance 3 (R3) 0.1372 0.1348 0.1343
Resistance 2 (R2) 0.1348 0.1322 0.1343 0.1337
Resistance 1 (R1) 0.1302 0.1305 0.1290 0.1290 0.1331
Pivot Point 0.1278 0.1278 0.1273 0.1273 0.1278
Support 1 (S1) 0.1232 0.1252 0.1220 0.1220 0.1179
Support 2 (S2) 0.1208 0.1235 0.1203 0.1173
Support 3 (S3) 0.1162 0.1208 0.1168
Support 4 (S4) 0.1150