AXOGEN INC (AXGN) Stock Technical Analysis
NASDAQ:AXGN - Nasdaq - US05463X1063 - Common Stock - Currency: USD
Taking everything into account, AXGN scores 8 out of 10 in our technical rating. In the last year, AXGN was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long and short term trends are both positive. This is looking good!
AXGN is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. AXGN outperforms 87% of them.
In the last month AXGN has a been trading in the 12.38 - 15.92 range, which is quite wide. It is currently trading near the high of this range.
AXGN has an average volume of 1294510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, AXGN did better than 89% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
AXGN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AXGN is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
10.26
16.01
2 important support areas can be observed.
- Support @13.67 from a trend line in the daily time frame.
- Support @10.36 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.85 to 15.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 89.69 | POSITIVE | AXGN has a high relative strength, it outperformed 89.69% 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) | 76.68 | OVERBOUGHT | The high RSI value suggests AXGN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests AXGN has a positive trend. |
| Stochastics (14,3) | 92.78 | OVERBOUGHT | The high Stochastics value suggests AXGN may be overbought. |
| Average True Range in percent/ATR (20) | 5.19 | HIGH VOLATILITY | The high ATR as a percentage value for AXGN suggests high volalility. |
| Average Directional Index/ADX (14) | 52.58 | 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)
15.84
+0.28 (+1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.8%
1 Week6.31%
2 Weeks12.58%
1 Month19.91%
3 Month43.09%
6 Month-12%
12 Month26.52%
2 Year153.04%
3 Year69.05%
5 Year33.45%
10 Year233.47%
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%5.19%
ATR Inc-30.67%
Range Today0.82
ADR(20)0.81
ADR(20)%5.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.69
Mansfield0.04
10 Day High15.92
10 Day Low13.75
20 Day High15.92
20 Day Low12.39
52 Week High21
52 Week Low9.22
CS1 End13.67
CR1 Start15.85
Volume & EV
DER(3)-0.01%
DER(5)1.6%
Volume899.47K
Volume Incr-48.75%
Vol(5)1.02M
Vol(50)1.29M