GREAT AJAX CORP - AJX 7 1/4 04/30/24 (AJXA) Technical Analysis
NYSE:AJXA • US38983D4097
Current stock price
AJXA Technical Rating and Analysis
Overall AJXA gets a technical rating of 7 out of 10. Although AJXA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: AJXA has an average volume of 12494 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- AJXA is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 68 other stocks in this industry. AJXA outperforms 70% of them.
- AJXA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AJXA is lagging the market slightly.
- When comparing the performance of all stocks over the past year, AJXA turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
- In the last month AJXA has a been trading in a tight range between 24.85 and 25.08.
- Volume is considerably higher in the last couple of days.
AJXA Weekly and Daily overview Charts
AJXA Setup Rating and Analysis
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.
More info and screens
AJXA Support and Resistance Analysis
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.
We found 1 important resistance 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.
AJXA 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 | 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. |
AJXA Chart- and CandleStick Pattern Analysis
AJXA Technicals: Chart, Performance Metrics, Trend & Indicators
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 TA 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 trend direction for AJXA stock?
The current trend direction for GREAT AJAX CORP - AJX 7 1/4 04/30/24 (AJXA) is Bullish.
Can you provide the RSI signal for GREAT AJAX CORP - AJX 7 1/4 04/30/24?
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 GREAT AJAX CORP - AJX 7 1/4 04/30/24 (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.
What is the buy/sell signal for GREAT AJAX CORP - AJX 7 1/4 04/30/24 (AJXA) stock?
The buy/sell signal for GREAT AJAX CORP - AJX 7 1/4 04/30/24 (AJXA) is buy as both the short term and long term trends are positive.