AXON INFRASTRUCTURE ACQUISI (APMIU)

US05467C2070

10.31  0 (0%)

Technical Rating and Analysis

7

Overall APMIU gets a technical rating of 7 out of 10. Although APMIU is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Warning: APMIU has an average volume of 16860 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.
When compared to the yearly performance of all other stocks, APMIU outperforms 63% of them, which is more or less in line with the market.
APMIU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so APMIU is lagging the market slightly.
In the last month APMIU has a been trading in a tight range between 10.14 and 10.31.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
APMIU Weekly chart
APMIU Daily chart
Setup Rating and Analysis

8

APMIU has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.30, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

9.52

10.86

We found 3 important support areas.

  • A support zone ranging from 10.13 to 10.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 9.82 to 9.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 9.62 to 9.65. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 10.32 to 10.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @10.75 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.6
Mansfield-0.12
10 Day High10.31
10 Day Low10.28
20 Day High10.31
20 Day Low10.14
52 Week High10.74
52 Week Low9.63
Performance
1 Week0.19%
2 Weeks0.1%
1 Month1.08%
3 Month1.98%
6 Month6.73%
12 Month4.35%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)58.5
LBB10.22
UBB10.35
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
10.3510.270.08 (0.77%)25.00%
An entry @10.35. This is a Buy Stop order right above the resistance zone.An exit @10.27. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.08 points, which is 0.77%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.19%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
APMIU Daily chart

AXON INFRASTRUCTURE ACQUISI

NASDAQ:APMIU (8/14/2023, 2:59:09 PM)

10.31

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.19%
2 Weeks0.1%
1 Month1.08%
3 Month1.98%
6 Month6.73%
12 Month4.35%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.02
ATR(20)%0.33%
ATR Inc
Range Today0
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.31
10 Day Low10.28
20 Day High10.31
20 Day Low10.14
52 Week High10.74
52 Week Low9.63
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume100
Volume Incr-87.17%
Vol(5)2.00K
Vol(50)16.86K