Axon Inc (AAXN) Stock Technical Analysis
NASDAQ:AAXN - Nasdaq -
Overall AAXN gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AAXN is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, AAXN did better than 91% of all other stocks.
AAXN is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month AAXN has a been trading in the 115.57 - 177.71 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AAXN has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
97.30
176.29
4 important support areas can be observed.
- A support zone ranging from 129.95 to 131.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @123.43 from a trend line in the daily time frame.
- Support @101.07 from a trend line in the weekly time frame.
- Support @98.28 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AAXN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AAXN is up. |
| ChartMill Relative Strength | 91.38 | POSITIVE | AAXN has a high relative strength, it outperformed 91.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AAXN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AAXN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AAXN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 82.59 | OVERBOUGHT | The high RSI value suggests AAXN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.31 | POSITIVE | The MACD value suggests AAXN has a positive trend. |
| Stochastics (14,3) | 93.68 | OVERBOUGHT | The high Stochastics value suggests AAXN may be overbought. |
| Average True Range in percent/ATR (20) | 4.16 | MEDIUM VOLATILITY | The ATR as a percentage value for AAXN suggests some volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
174.54
+4.28 (+2.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.51%
1 Week15.77%
2 Weeks39.23%
1 Month32.4%
3 Month76.48%
6 Month109.96%
12 Month127.24%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.17
ATR(20)%4.16%
ATR Inc38%
Range Today9.68
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.38
Mansfield5.53
10 Day High177.71
10 Day Low123.6
20 Day High177.71
20 Day Low115.57
52 Week High177.71
52 Week Low50.05
CS1 End131.12
CR1 StartN/A
Volume & EV
DER(3)-2.27%
DER(5)-1.76%
Volume609.60K
Volume Incr34.8%
Vol(5)935.80K
Vol(50)598.59K