RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of TUSK
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Green day on Thursday for Mammoth Energy Services Inc
(Updated on Mar 28, 2024)

Sell candidate since Mar 27, 2024 Gain 0.28% PDF

The Mammoth Energy Services Inc stock price gained 0.275% on the last trading day (Thursday, 28th Mar 2024), rising from $3.63 to $3.64. During the last trading day the stock fluctuated 5.26% from a day low at $3.61 to a day high of $3.80. The price has risen in 7 of the last 10 days and is up by 2.54% over the past 2 weeks. Volume fell on the last day by -2 thousand shares and in total, 50 thousand shares were bought and sold for approximately $182.59 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -12.22% during the next 3 months and, with a 90% probability hold a price between $2.57 and $3.39 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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TUSK Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Mammoth Energy Services Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $3.73 and $3.68. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -6.91%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. The stock had a Golden Star Signal on Monday, March 18, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Monday, March 18, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Mammoth Energy Services Inc stock

Mammoth Energy Services Inc finds support from accumulated volume at $3.60 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the stock. During the last day, the stock moved $0.190 between high and low, or 5.26%. For the last week the stock has had daily average volatility of 6.32%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (TUSK) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Mammoth Energy Services Inc to open at $3.68, and during the day (based on 14 day Average True Range), to move between $3.44 and $3.84, which gives a possible trading interval of +/-$0.197 (+/-5.41%) up or down from last closing price. If Mammoth Energy Services Inc takes out the full calculated possible swing range there will be an estimated 10.82% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $3.60 (1.10%) than the resistance at $3.78 (3.85%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Mammoth Energy Services Inc stock A Buy?

Mammoth Energy Services Inc holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -2.442 Sell Candidate Unchanged

Predicted Opening Price for Mammoth Energy Services Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$3.68 ( 1.19%) $3.64

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for TUSK

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 3.87 6.41 %
R2 3.80 4.42 %
R1 3.76 3.18 %
Current price: 3.64
Support S1 3.61 -0.80 %
S2 3.57 -2.04 %
S3 3.49 -4.03 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 4.39 20.60 %
R2 3.80 4.40 %
R1 3.78 3.85 %
Current price 3.64
Support S1 3.60 -1.10%
S2 3.56 -2.20%
S3 3.51 -3.57%

TUSK Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 02, 2019 May 09, 2019 May 17, 2019 $0.125 0.89%
2 Jan 28, 2019 Feb 06, 2019 Feb 14, 2019 $0.125 0.545%
3 Oct 30, 2018 Nov 07, 2018 Nov 15, 2018 $0.125 0.495%
4 Jul 17, 2018 Aug 06, 2018 Aug 14, 2018 $0.125 0.354%

FAQ

What is the symbol for Mammoth Energy Services Inc Stock and on which exchange is it traded?
The symbol for Mammoth Energy Services Inc is TUSK and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Mammoth Energy Services Inc Stock?
Mammoth Energy Services Inc holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Mammoth Energy Services Inc Stock?
Mammoth Energy Services Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Mammoth Energy Services Inc Stock.

What's the current price of Mammoth Energy Services Inc Stock?
As of the end of day on the 2024-03-28, the price of an Mammoth Energy Services Inc (TUSK) share was $3.64.

What is the 52-week high and low for Mammoth Energy Services Inc Stock?
The 52-week high for Mammoth Energy Services Inc Stock is $5.75 and the 52-week low is $3.20.

What is the market capitalization of Mammoth Energy Services Inc Stock?
As of the 2024-03-28, the market capitalization of Mammoth Energy Services Inc is 174.508M.

When is the next earnings date for Mammoth Energy Services Inc?
The upcoming earnings date for Mammoth Energy Services Inc is Apr 25, 2024.
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About Mammoth Energy Services Inc

Mammoth Energy Services Mammoth Energy Services, Inc. operates as an energy service company. The company operates in four segments: Infrastructure Services, Well Completion Services, Natural Sand Proppant Services, and Drilling Services. The Infrastructure Services segment offers a range of services on electric transmission and distribution, and networks and substation facilities, including engineering, design, construction, upgrade, maintenance, and repair of high volt... TUSK Profile

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