We assign a technical rating of 1 out of 10 to ATXG. ATXG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ATXG does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
0.41
When analyzing the support we notice one important area.
- Support @0.41 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.51 from a horizontal line in the weekly time frame.
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 ATXG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATXG is down. |
| ChartMill Relative Strength | 6.87 | NEGATIVE | ATXG has a low relative strength, it was outperformed by 93.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ATXG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATXG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATXG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.03 | NEUTRAL | The RSI value for ATXG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ATXG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 16.09 | OVERSOLD | The low Stochastics value suggests ATXG may be oversold. |
| Average True Range in percent/ATR (20) | 7.7 | HIGH VOLATILITY | The high ATR as a percentage value for ATXG suggests high volalility. |
| Average Directional Index/ADX (14) | 13.44 | NEGATIVE | The low ADX value for ATXG suggests a weak or negative trend. |
0.462
+0 (+0.41%)
ADDENTAX GROUP CORP / ATXG FAQ
What is the technical rating for ATXG stock?
ChartMill assigns a technical rating of 1 / 10 to ATXG.
What is the trend direction for ATXG stock?
The current trend direction for ADDENTAX GROUP CORP (ATXG) is Bearish.
What is the RSI signal for ADDENTAX GROUP CORP (ATXG) stock?
ADDENTAX GROUP CORP (ATXG) has an RSI value of 43.0265. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ADDENTAX GROUP CORP?
The short term momentum for ADDENTAX GROUP CORP (ATXG) is negative.
What are the support and resistance levels for ADDENTAX GROUP CORP (ATXG) stock?
ADDENTAX GROUP CORP (ATXG) has a support level at 0.41 and a resistance level at 0.51. Check the full technical report for our detailed analysis of ATXG support and resistance levels.