GREAT AJAX CORP (AJX) Technical Analysis
NYSE:AJX • US38983D3008
Current stock price
AJX Technical Rating and Analysis
Overall AJX gets a technical rating of 0 out of 10. AJX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 88% of all other stocks performed better in the past year than AJX.
- AJX is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 68 other stocks in this industry, of which 77% are performing better than AJX.
- AJX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so AJX is lagging the market.
- AJX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
AJX Weekly and Daily overview Charts
AJX Setup Rating and Analysis
AJX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.01, a Stop Loss order could be placed below this zone.
More info and screens
AJX Support and Resistance Analysis
2.91
We found 1 important support area.
- A support zone ranging from 2.94 to 3.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 3.12 to 3.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.34 to 3.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @3.42 from a trend line in the weekly time frame.
- Resistance @3.62 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.74 to 3.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
AJX Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for AJX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AJX is down. |
| ChartMill Relative Strength | 12.63 | NEGATIVE | AJX has a low relative strength, it was outperformed by 87.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AJX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AJX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AJX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.2 | NEUTRAL | The RSI value for AJX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AJX has a positive trend. |
| Stochastics (14,3) | 38.81 | NEUTRAL | The Stochastics value for AJX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for AJX suggests some volalility. |
| Average Directional Index/ADX (14) | 11.83 | NEGATIVE | The low ADX value for AJX suggests a weak or negative trend. |
AJX Chart- and CandleStick Pattern Analysis
AJX Technicals: Chart, Performance Metrics, Trend & Indicators
3.02
-0.02 (-0.66%)
GREAT AJAX CORP / AJX TA FAQ
Can you provide the ChartMill technical rating for GREAT AJAX CORP?
ChartMill assigns a technical rating of 0 / 10 to AJX.
What is the current trend direction of GREAT AJAX CORP (AJX) stock?
The current trend direction for GREAT AJAX CORP (AJX) is Bearish.
Can you provide the RSI signal for GREAT AJAX CORP?
GREAT AJAX CORP (AJX) has an RSI value of 43.2032. This indicates that the stock is currently neutral.
What is the MACD signal for GREAT AJAX CORP (AJX) stock?
The MACD indicator for GREAT AJAX CORP (AJX) has a value of 0.0072244, indicating a bearish trend.
Can you provide the support and resistance levels for GREAT AJAX CORP?
GREAT AJAX CORP (AJX) has a support level at 3.01 and a resistance level at 3.12. Check the full technical report for our detailed analysis of AJX support and resistance levels.