SAExploration Holdings (SAEX) Shares are Up 3.37%

SAExploration Holdings (SAEX) has been under a strong bear grip, hence the stock is down -26.41% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.74% in the past 1 week. The stock has risen by 3.37% in the past week indicating that the buyers are active at lower levels, but the stock is down -21.44% in the past 4 weeks.

SAExploration Holdings (NASDAQ:SAEX): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $0.19 and $0.16 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $0.20. The buying momentum continued till the end and the stock did not give up its gains. It closed at $0.20, notching a gain of 5.88% for the day. The total traded volume was 1,284,216 . The stock had closed at $0.19 on the previous day.


The stock has recorded a 20-day Moving Average of 2.69% and the 50-Day Moving Average is 44.35%. SAExploration Holdings, Inc. has dropped 73.01% during the last 3-month period . Year-to-Date the stock performance stands at -90.33%.

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