AXOGEN INC (AXGN) Stock Technical Analysis
NASDAQ:AXGN - Nasdaq - US05463X1063 - Common Stock - Currency: USD
Overall AXGN gets a technical rating of 2 out of 10. AXGN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
AXGN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month AXGN has a been trading in the 9.21 - 11.23 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, AXGN turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
AXGN is an average performer in the Health Care Equipment & Supplies industry, it outperforms 59% of 187 stocks in the same industry.
The technical rating of AXGN is bad and it also does not present a 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
9.62
14.61
We found 1 important support area.
- Support @9.72 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 10.94 to 11.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.47 from a trend 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 | DOWN | NEGATIVE | The long term trend for AXGN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AXGN is neutral. |
| ChartMill Relative Strength | 43.36 | NEUTRAL | AXGN is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of AXGN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AXGN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.86 | NEUTRAL | The RSI value for AXGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests AXGN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.78 | OVERBOUGHT | The high Stochastics value suggests AXGN may be overbought. |
| Average True Range in percent/ATR (20) | 4.59 | MEDIUM VOLATILITY | The ATR as a percentage value for AXGN suggests some volalility. |
| Average Directional Index/ADX (14) | 29.48 | POSITIVE | The high ADX value value for AXGN suggests a strong trend. |
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)
10.93
-0.13 (-1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.18%
1 Week4.39%
2 Weeks17.65%
1 Month0.28%
3 Month-32.61%
6 Month-32.15%
12 Month44.96%
2 Year26.5%
3 Year17.27%
5 Year-3.87%
10 Year218.66%
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%4.59%
ATR Inc-20%
Range Today0.41
ADR(20)0.49
ADR(20)%4.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.36
Mansfield-2.85
10 Day High11.19
10 Day Low9.35
20 Day High11.24
20 Day Low9.22
52 Week High21
52 Week Low7.33
CS1 End9.72
CR1 Start10.51
Volume & EV
DER(3)-0.64%
DER(5)-1.12%
Volume169.60K
Volume Incr42.66%
Vol(5)833.34K
Vol(50)650.70K