AXFOOD AB (AXFO.ST) Stock Technical Analysis
Europe - Nasdaq Stockholm AB - STO:AXFO - SE0006993770 - Common Stock
We assign a technical rating of 7 out of 10 to AXFO. AXFO has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
AXFO 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. We notice that large players showed an interest for AXFO in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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.
More info and screens
257.09
When analyzing the support we can see 3 important areas.
- A support zone ranging from 271.25 to 272.40. 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.
- A support zone ranging from 259.69 to 260.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 307.41 to 312.80. 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 | 62.57 | 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) | 69.87 | NEUTRAL | The RSI value for AXFO.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1 | POSITIVE | The MACD value suggests AXFO.ST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.22 | OVERBOUGHT | The high Stochastics value suggests AXFO.ST may be overbought. |
| Average True Range in percent/ATR (20) | 1.46 | LOW VOLATILITY | The low ATR as a percentage value for AXFO.ST suggests low volalility. |
| Average Directional Index/ADX (14) | 32.97 | POSITIVE | The high ADX value value for AXFO.ST suggests a strong trend. |
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 |
|---|---|---|---|
| 293.41 | 283.89 | 9.52 (3.24%) | 25.00% |
| An entry @293.41. This is a Buy Stop order right above the 10 day high. | An exit @283.89. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 9.52 points, which is 3.24%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.81%. |
- 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 (1/9/2026, 5:24:59 PM)
292.3
+0.9 (+0.31%)
AXFOOD AB / AXFO.ST FAQ
What is the ChartMill technical rating of AXFOOD AB (AXFO.ST) stock?
ChartMill assigns a technical rating of 7 / 10 to AXFO.ST.
What is the trend direction for AXFO stock?
The current trend direction for AXFOOD AB (AXFO.ST) is Bullish.
Can you provide the RSI signal for AXFOOD AB?
AXFOOD AB (AXFO.ST) has an RSI value of 69.8684. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for AXFOOD AB?
The buy/sell signal for AXFOOD AB (AXFO.ST) is buy as both the short term and long term trends are positive.
What is the support and resistance level for AXFO stock?
AXFOOD AB (AXFO.ST) has a support level at 272.4 and a resistance level at 307.41. Check the full technical report for our detailed analysis of AXFO.ST support and resistance levels.