USA - NASDAQ:AXGN - US05463X1063 - Common Stock
We assign a technical rating of 10 out of 10 to AXGN. 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, it does not offer a high quality setup 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.
10.86
When analyzing the support we can see 2 important areas.
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 | 88.76 | POSITIVE | AXGN has a high relative strength, it outperformed 88.76% 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) | 64.69 | NEUTRAL | The RSI value for AXGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests AXGN has a positive trend. |
| Stochastics (14,3) | 91.79 | OVERBOUGHT | The high Stochastics value suggests AXGN may be overbought. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for AXGN suggests some volalility. |
| Average Directional Index/ADX (14) | 23.46 | NEUTRAL | The ADX value for AXGN suggests a possible start of a new trend. |
18.17
+0.12 (+0.66%)
ChartMill assigns a technical rating of 10 / 10 to AXGN.
The current trend direction for AXOGEN INC (AXGN) is Bullish.
AXOGEN INC (AXGN) has an RSI value of 64.6905. This indicates that the stock is currently neutral.
The MACD indicator for AXOGEN INC (AXGN) has a value of 0.130199, indicating a bearish trend.
The short term momentum for AXOGEN INC (AXGN) is positive.