**#25) Abraxas Petroleum Corporation(AXAS) Forecast Chart for Jan 15, 2018***

January 12, 2018
(RicochetTrader.com)

Forecast chart for

On January 12, 2018 Abraxas Petroleum Corporation had a closing price of $2.66 with 1,598,487 shares traded. The trading liquidity was $4.25M. The forecast predicted average opening price for trading date January 15, 2018 is $2.66.

Forecast chart for

**Abraxas Petroleum Corporation**( AXAS ) for the next 15 trading days, starting on January 15, 2018On January 12, 2018 Abraxas Petroleum Corporation had a closing price of $2.66 with 1,598,487 shares traded. The trading liquidity was $4.25M. The forecast predicted average opening price for trading date January 15, 2018 is $2.66.

**Summary Information for Abraxas Petroleum Corporation ( AXAS ).**Summary of the 10th percentile net composite return.

The best expected daily return of 1.1286% occurs on day 2 where there is a 10% chance that AXAS will rise to $2.89 (+8.77%) and there is a 10% chance it will fall to $2.49 (-6.50%). There is a 20% that AXAS will cross one of these price levels in 2 days, and adding the returns of +8.77% and -6.50% yields a net composite return of 2.27%. A net return of 2.27% in 2 days is an EDR of 1.1286% per day.

Summary of the 20th percentile net composite return.

The best expected daily return of 0.6876% occurs on day 2 where there is a 20% chance that AXAS will rise to $2.82 (+6.00%) and there is a 20% chance it will fall to $2.54 (-4.62%). There is a 40% that AXAS will cross one of these price levels in 2 days, and adding the returns of +6.00% and -4.62% yields a net composite return of 1.38%. A net return of 1.38% in 2 days is an EDR of 0.6876% per day.

Summary of the 30th percentile net composite return.

The best expected daily return of 0.3295% occurs on day 2 where there is a 30% chance that AXAS will rise to $2.77 (+4.11%) and there is a 30% chance it will fall to $2.57 (-3.45%). There is a 60% that AXAS will cross one of these price levels in 2 days, and adding the returns of +4.11% and -3.45% yields a net composite return of 0.66%. A net return of 0.66% in 2 days is an EDR of 0.3295% per day.

Summary of the 40th percentile net composite return.

The best expected daily return of 0.1299% occurs on day 2 where there is a 40% chance that AXAS will rise to $2.74 (+2.97%) and there is a 40% chance it will fall to $2.59 (-2.71%). There is a 80% that AXAS will cross one of these price levels in 2 days, and adding the returns of +2.97% and -2.71% yields a net composite return of 0.26%. A net return of 0.26% in 2 days is an EDR of 0.1299% per day.

* The forecast for

**Abraxas Petroleum Corporation**(AXAS) was made using market data after the close on January 12, 2018 but is generated for the next trading day, or January 15, 2018