AXOGEN INC (AXGN) Technical Analysis
NASDAQ:AXGN • US05463X1063
Current stock price
43.28 USD
+0.08 (+0.19%)
At close:
43.4703 USD
+0.19 (+0.44%)
After Hours:
AXGN Technical Rating and Analysis
Taking everything into account, AXGN scores 10 out of 10 in our technical rating. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that AXGN is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, AXGN also shows a nice and consistent pattern of rising prices.
- AXGN is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. AXGN outperforms 96% of them.
- AXGN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month AXGN has a been trading in the 30.42 - 45.83 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- AXGN has an average volume of 1114090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AXGN Weekly and Daily overview Charts
AXGN Setup Rating and Analysis
Although AXGN has an excellent technical rating, it does not present a decent entry opportunity 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
AXGN Support and Resistance Analysis
29.06
43.71
4 important support areas can be observed.
- A support zone ranging from 33.66 to 33.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @32.62 from a trend line in the weekly time frame.
- A support zone ranging from 30.78 to 31.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @29.35 from a horizontal line in the daily time frame.
AXGN Technical Indicator Signal Analysis
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 | 94.94 | POSITIVE | AXGN has a high relative strength, it outperformed 94.94% 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) | 72.69 | OVERBOUGHT | The high RSI value suggests AXGN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.7 | POSITIVE | The MACD value suggests AXGN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.57 | NEUTRAL | The Stochastics value for AXGN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.38 | HIGH VOLATILITY | The high ATR as a percentage value for AXGN suggests high volalility. |
| Average Directional Index/ADX (14) | 29.9 | POSITIVE | The high ADX value value for AXGN suggests a strong trend. |
AXGN Chart- and CandleStick Pattern Analysis
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)
AXGN Technicals: Chart, Performance Metrics, Trend & Indicators
43.28
+0.08 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.19%
1 Week10.27%
2 Weeks12.42%
1 Month25.67%
3 Month24.19%
6 Month94.78%
12 Month152.66%
2 Year533.68%
3 Year409.18%
5 Year113.2%
10 Year678.42%
15 YearN/A
Volatility
ATR(14)2.39
ATR(20)%5.38%
ATR Inc-15.87%
Range Today1.73
ADR(20)2.12
ADR(20)%4.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.94
3 months CRS90.92
6 months CRS97.57
Mansfield7.31
10 Day High45.83
10 Day Low35.61
20 Day High45.83
20 Day Low30.42
52 Week High45.83
52 Week Low9.22
CS1 End33.83
CR1 StartN/A
Volume & EV
DER(3)-0.83%
DER(5)-0.77%
Volume796.60K
Volume Incr31.92%
Vol(5)1.52M
Vol(50)1.11M
AXOGEN INC / AXGN TA FAQ
What is the technical rating for AXGN stock?
ChartMill assigns a technical rating of 10 / 10 to AXGN.
What is the trend direction for AXGN stock?
The current trend direction for AXOGEN INC (AXGN) is Bullish.
Can you provide the RSI signal for AXOGEN INC?
AXOGEN INC (AXGN) has an RSI value of 72.6857. 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 0.696429, indicating a bearish trend.
Can you provide the support and resistance levels for AXOGEN INC?
AXOGEN INC (AXGN) has a support level at 33.83. Check the full technical report for our detailed analysis of AXGN support and resistance levels.