AXFOOD AB (AXFO.ST) Stock Technical Analysis
STO:AXFO - Nasdaq Stockholm AB - SE0006993770 - Common Stock - Currency: SEK
We assign a technical rating of 8 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.
Both the short term and long term trends are positive. This is a very positive sign.
AXFO 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 AXFO is lagging the market slightly.
When comparing the performance of all stocks over the past year, AXFO turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
In the last month AXFO has a been trading in the 271.25 - 295.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although AXFO has an excellent technical rating, the quality of the presented setup is not ideal 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
294.53
When analyzing the support we can see 3 important areas.
- A support zone ranging from 271.79 to 276.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @264.50 from a horizontal line in the daily time frame.
- Support @225.10 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 291.61 to 291.61. This zone is formed by a combination of multiple trend lines 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 AXFO.ST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AXFO.ST is up. |
| ChartMill Relative Strength | 64.43 | NEUTRAL | AXFO.ST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AXFO.ST is above the rising 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) | 60.93 | NEUTRAL | The RSI value for AXFO.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests AXFO.ST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.5 | NEUTRAL | The Stochastics value for AXFO.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for AXFO.ST suggests low volalility. |
| Average Directional Index/ADX (14) | 31.26 | 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 |
|---|---|---|---|
| 291.62 | 280.39 | 11.23 (3.85%) | 25.00% |
| An entry @291.62. This is a Buy Stop order right above the resistance zone. | An exit @280.39. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 11.23 points, which is 3.85%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%. |
- 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 (7/15/2025, 1:20:46 PM)
286.6
-1.9 (-0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.66%
1 Week-1.03%
2 Weeks3.41%
1 Month4.49%
3 Month16.61%
6 Month23.29%
12 Month8.66%
2 Year7.57%
3 Year-10.38%
5 Year45.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.34
ATR(20)%1.81%
ATR Inc174.06%
Range Today4.8
ADR(20)5.06
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.43
Mansfield0.44
10 Day High295.9
10 Day Low280.4
20 Day High295.9
20 Day Low271.25
52 Week High295.9
52 Week Low218.6
CS1 End276.76
CR1 Start291.61
Volume & EV
DER(3)-1.51%
DER(5)-4.9%
Volume47.09K
Volume Incr71.67%
Vol(5)157.33K
Vol(50)100.44K