AXOGEN INC (AXGN) Stock Technical Analysis
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.
More info and screens
10.86
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.40 to 16.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.97 from a trend line in the weekly 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 | 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%)
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 64.6905. This indicates that the stock is currently neutral.
What is the MACD signal for AXGN stock?
The MACD indicator for AXOGEN INC (AXGN) has a value of 0.130199, indicating a bearish trend.
What is the short term momentum for AXGN stock?
The short term momentum for AXOGEN INC (AXGN) is positive.