GREAT AJAX CORP - AJX 7 1/4 04/30/24 (AJXA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AJXA - US38983D4097
We assign a technical rating of 7 out of 10 to AJXA. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AJXA is only an average performer.
Although AJXA 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.
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23.27
When analyzing the support we can see 3 important areas.
- A support zone ranging from 24.95 to 25.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.50 to 24.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.50 to 23.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.22 to 25.55. 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 | UP | POSITIVE | The long term trend for AJXA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AJXA is up. |
| ChartMill Relative Strength | 44.39 | NEUTRAL | AJXA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AJXA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AJXA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AJXA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.95 | NEUTRAL | The RSI value for AJXA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AJXA has a positive trend. |
| Stochastics (14,3) | 93.69 | OVERBOUGHT | The high Stochastics value suggests AJXA may be overbought. |
| Average True Range in percent/ATR (20) | 0.16 | LOW VOLATILITY | The low ATR as a percentage value for AJXA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.97 | NEGATIVE | The low ADX value for AJXA suggests a weak or negative trend. |
GREAT AJAX CORP - AJX 7 1/4 04/30/24
NYSE:AJXA (4/29/2024, 8:04:00 PM)
25.07
+0.04 (+0.16%)
GREAT AJAX CORP - AJX 7 1/4 04/30/24 / AJXA FAQ
What is the ChartMill technical rating of GREAT AJAX CORP - AJX 7 1/4 04/30/24 (AJXA) stock?
ChartMill assigns a technical rating of 7 / 10 to AJXA.
What is the current trend direction of GREAT AJAX CORP - AJX 7 1/4 04/30/24 (AJXA) stock?
The current trend direction for GREAT AJAX CORP - AJX 7 1/4 04/30/24 (AJXA) is Bullish.
What is the RSI signal for GREAT AJAX CORP - AJX 7 1/4 04/30/24 (AJXA) stock?
GREAT AJAX CORP - AJX 7 1/4 04/30/24 (AJXA) has an RSI value of 58.9506. This indicates that the stock is currently neutral.
What is the MACD signal for AJXA stock?
The MACD indicator for GREAT AJAX CORP - AJX 7 1/4 04/30/24 (AJXA) has a value of 0.0180892, indicating a bearish trend.
Can you provide the support and resistance levels for GREAT AJAX CORP - AJX 7 1/4 04/30/24?
GREAT AJAX CORP - AJX 7 1/4 04/30/24 (AJXA) has a support level at 25.06 and a resistance level at 25.22. Check the full technical report for our detailed analysis of AJXA support and resistance levels.