AXOS FINANCIAL INC (AX) Stock Technical Analysis
NYSE:AX - New York Stock Exchange, Inc. - US05465C1009 - Common Stock - Currency: USD
Overall AX gets a technical rating of 9 out of 10. Both in the recent history as in the last year, AX has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month AX has a been trading in the 81.95 - 88.20 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Both the short term and long term trends are positive. This is a very positive sign.
AX is one of the better performing stocks in the Banks industry, it outperforms 90% of 393 stocks in the same industry.
AX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AX is performing more or less in line with the market.
When comparing the yearly performance of all stocks, we notice that AX is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, AX also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 84.40, a Stop Loss order could be placed below this zone.
More info and screens
58.88
87.47
When analyzing the support we can see 5 important areas.
- A support zone ranging from 84.40 to 84.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 77.62 to 78.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @69.34 from a horizontal line in the daily time frame.
- Support @61.95 from a trend line in the weekly time frame.
- Support @59.47 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 84.82 to 86.60. This zone is formed by a combination of multiple trend lines and important moving averages 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 AX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AX is up. |
| ChartMill Relative Strength | 85.09 | POSITIVE | AX has a high relative strength, it outperformed 85.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.47 | NEUTRAL | The RSI value for AX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests AX has a negative trend. |
| Stochastics (14,3) | 58.22 | NEUTRAL | The Stochastics value for AX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for AX suggests some volalility. |
| Average Directional Index/ADX (14) | 38.15 | POSITIVE | The high ADX value value for AX suggests a strong trend. |
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)
84.41
-1.94 (-2.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.25%
1 Week-0.37%
2 Weeks-1.31%
1 Month0.66%
3 Month25.29%
6 Month20.71%
12 Month25.57%
2 Year95.89%
3 Year102.03%
5 Year240.64%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.17
ATR(20)%2.48%
ATR Inc93.55%
Range Today2.28
ADR(20)1.97
ADR(20)%2.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.09
Mansfield1.27
10 Day High88.2
10 Day Low82.33
20 Day High88.2
20 Day Low81.95
52 Week High88.46
52 Week Low54.46
CS1 End84.4
CR1 Start84.82
Volume & EV
DER(3)-1.08%
DER(5)-1.46%
Volume537.50K
Volume Incr30.48%
Vol(5)485.80K
Vol(50)359.29K