AXFOOD AB (AXFO.ST) Stock Technical Analysis
STO:AXFO - Nasdaq Stockholm AB - SE0006993770 - Common Stock - Currency: SEK
We assign a technical rating of 7 out of 10 to AXFO. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AXFO is only an average performer.
The long and short term trends are both positive. This is looking good!
AXFO 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 AXFO is performing more or less in line with the market.
Looking at the yearly performance, AXFO did better than 71% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month AXFO has a been trading in a tight range between 271.80 and 281.50.
Considerably lower volume is observed in the last couple of days.
AXFO has an excellent technical rating, but the quality of the setup is only medium 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
222.85
289.67
3 important support areas can be observed.
- A support zone ranging from 271.79 to 271.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @233.10 from a horizontal line in the daily time frame.
- Support @225.10 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 276.00 to 281.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @286.80 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for AXFO.ST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AXFO.ST is up. |
| ChartMill Relative Strength | 71.57 | POSITIVE | AXFO.ST has a high relative strength, it outperformed 71.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AXFO.ST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AXFO.ST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AXFO.ST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.28 | NEUTRAL | The RSI value for AXFO.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.26 | NEGATIVE | The MACD value suggests AXFO.ST has a negative trend. |
| Stochastics (14,3) | 37.36 | NEUTRAL | The Stochastics value for AXFO.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for AXFO.ST suggests low volalility. |
| Average Directional Index/ADX (14) | 33.36 | POSITIVE | The high ADX value value for AXFO.ST 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 276.01 | 271.79 | 4.22 (1.53%) | 25.00% |
| An entry @276.01. This is a Buy Stop order right above the 10 day moving average. | An exit @271.79. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.22 points, which is 1.53%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.38%. |
- The distance between exit and entry is rather small compared to the average daily movement of AXFO. Please evaluate whether better entry and exit points can be found.
- 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.
STO:AXFO (6/19/2025, 5:30:45 PM)
271.8
-5.6 (-2.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.02%
1 Week-1.95%
2 Weeks-1.38%
1 Month-1.45%
3 Month21.99%
6 Month17.05%
12 Month-1.52%
2 Year19.11%
3 Year-7.65%
5 Year33.37%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.69
ATR(20)%1.3%
ATR Inc3.06%
Range Today5.1
ADR(20)3.45
ADR(20)%1.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.57
Mansfield0.22
10 Day High278.5
10 Day Low271.8
20 Day High281.5
20 Day Low271.8
52 Week High288.8
52 Week Low218.6
CS1 End271.79
CR1 Start276
Volume & EV
DER(3)1.48%
DER(5)-5.07%
Volume108.16K
Volume Incr10.68%
Vol(5)90.60K
Vol(50)146.90K