Axovant Sciences Ltd (AXGT) Technical Analysis
NASDAQ:AXGT
Current stock price
AXGT Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to AXGT. AXGT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 98% of all other stocks performed better in the past year than AXGT.
- AXGT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AXGT is lagging the market.
- In the last month AXGT has a been trading in the 1.86 - 3.95 range, which is quite wide. It is currently trading near the lows of this range.
- AXGT has an average volume of 2209360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
AXGT Weekly and Daily overview Charts
AXGT Setup Rating and Analysis
AXGT has a poor technical rating and the quality of the setup is also only medium 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
AXGT Support and Resistance Analysis
1.88
When analyzing the support we notice one important area.
- A support zone ranging from 1.90 to 1.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @2.23 from a horizontal line in the daily time frame.
- Resistance @3.76 from a horizontal line in the daily time frame.
AXGT 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 | DOWN | NEGATIVE | The long term trend for AXGT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AXGT is down. |
| ChartMill Relative Strength | 2.17 | NEGATIVE | AXGT has a low relative strength, it was outperformed by 97.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AXGT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AXGT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AXGT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.45 | NEUTRAL | The RSI value for AXGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests AXGT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.31 | OVERSOLD | The low Stochastics value suggests AXGT may be oversold. |
| Average True Range in percent/ATR (20) | 15.09 | HIGH VOLATILITY | The high ATR as a percentage value for AXGT suggests high volalility. |
AXGT Chart- and CandleStick Pattern Analysis
AXGT Technicals: Chart, Performance Metrics, Trend & Indicators
2.1
-0.05 (-2.33%)
Axovant Sciences Ltd / AXGT TA FAQ
What is the ChartMill technical rating of Axovant Sciences Ltd (AXGT) stock?
ChartMill assigns a technical rating of 0 / 10 to AXGT.
What is the current trend direction of Axovant Sciences Ltd (AXGT) stock?
The current trend direction for Axovant Sciences Ltd (AXGT) is Bearish.
What is the RSI signal for Axovant Sciences Ltd (AXGT) stock?
Axovant Sciences Ltd (AXGT) has an RSI value of 35.4482. This indicates that the stock is currently neutral.
What is the MACD signal for Axovant Sciences Ltd (AXGT) stock?
The MACD indicator for Axovant Sciences Ltd (AXGT) has a value of -0.0590633, indicating a bearish trend.
What is the buy/sell signal for Axovant Sciences Ltd (AXGT) stock?
The buy/sell signal for Axovant Sciences Ltd (AXGT) is sell as both the short term and long term trends are negative.