GREAT AJAX CORP (AJX) Stock Technical Analysis
USA - NYSE:AJX - US38983D3008 - REIT
We assign a technical rating of 0 out of 10 to AJX. AJX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
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2.91
When analyzing the support we notice one important 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.
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. |
3.02
-0.02 (-0.66%)
GREAT AJAX CORP / AJX FAQ
Can you provide the ChartMill technical rating for GREAT AJAX CORP?
ChartMill assigns a technical rating of 0 / 10 to AJX.
Can you provide the trend direction for GREAT AJAX CORP?
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 AJX stock?
The MACD indicator for GREAT AJAX CORP (AJX) has a value of 0.0072244, indicating a bearish trend.
What is the support and resistance level for AJX stock?
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.