Overall AXGN gets a technical rating of 10 out of 10. Both in the recent history as in the last year, AXGN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although AXGN 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
15.25
When analyzing the support we can see 4 important areas.
- A support zone ranging from 27.63 to 27.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @18.43 from a trend line in the daily time frame.
- Support @17.82 from a trend line in the daily time frame.
- Support @15.40 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 AXGN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AXGN is up. |
| ChartMill Relative Strength | 96.36 | POSITIVE | AXGN has a high relative strength, it outperformed 96.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AXGN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AXGN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AXGN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.29 | OVERBOUGHT | The high RSI value suggests AXGN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests AXGN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.01 | OVERBOUGHT | The high Stochastics value suggests AXGN may be overbought. |
| Average True Range in percent/ATR (20) | 4.02 | MEDIUM VOLATILITY | The ATR as a percentage value for AXGN suggests some volalility. |
| Average Directional Index/ADX (14) | 53.94 | POSITIVE | The high ADX value value for AXGN 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 |
|---|---|---|---|
| 29.33 | 27.62 | 1.71 (5.83%) | 17.15% |
| An entry @29.33. This is a Buy Stop order right above the 10 day high. | An exit @27.62. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.71 points, which is 5.83%. | When investing 17.15% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of AXGN. 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.
28.33
+0.64 (+2.31%)
AXOGEN INC / AXGN FAQ
What is the technical rating for AXGN stock?
ChartMill assigns a technical rating of 10 / 10 to AXGN.
What is the current trend direction of AXOGEN INC (AXGN) stock?
The current trend direction for AXOGEN INC (AXGN) is Bullish.
What is the RSI signal for AXOGEN INC (AXGN) stock?
AXOGEN INC (AXGN) has an RSI value of 75.2889. This indicates that the stock is currently overbought.
What is the MACD signal for AXGN stock?
The MACD indicator for AXOGEN INC (AXGN) has a value of 0.0481937, indicating a bearish trend.
What is the short term momentum for AXGN stock?
The short term momentum for AXOGEN INC (AXGN) is positive.