AXIA ENERGIA-ADR PREF (AXIA) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:AXIA • US15234Q2075
Taking everything into account, AXIA scores 4 out of 10 in our technical rating. In the last year, AXIA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, AXIA is a bad performer in the overall market: 100% of all stocks are doing better.
- AXIA is part of the Electric Utilities industry. There are 46 other stocks in this industry, of which 93% are performing better than AXIA.
- The long and short term trends are both positive. This is looking good!
- In the last month AXIA has a been trading in the 9.07 - 10.80 range, which is quite wide. It is currently trading near the high of this range.
- AXIA has an average volume of 1791920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AXIA has an average technical rating and it also 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
9.41
We found 1 important support area.
- Support @9.50 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @10.33 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 10.55 to 10.70. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for AXIA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AXIA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | AXIA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AXIA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AXIA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 53.53 | NEUTRAL | The RSI value for AXIA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests AXIA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.95 | OVERBOUGHT | The high Stochastics value suggests AXIA may be overbought. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for AXIA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.09 | NEUTRAL | The ADX value for AXIA suggests a possible start of a new trend. |
10.32
-0.26 (-2.46%)
AXIA ENERGIA-ADR PREF / AXIA FAQ
What is the technical rating for AXIA stock?
ChartMill assigns a technical rating of 4 / 10 to AXIA.
What is the current trend direction of AXIA ENERGIA-ADR PREF (AXIA) stock?
The current trend direction for AXIA ENERGIA-ADR PREF (AXIA) is Bullish.
Can you provide the RSI signal for AXIA ENERGIA-ADR PREF?
AXIA ENERGIA-ADR PREF (AXIA) has an RSI value of 53.527. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AXIA ENERGIA-ADR PREF?
The MACD indicator for AXIA ENERGIA-ADR PREF (AXIA) has a value of 0.0901056, indicating a bearish trend.
Can you provide the support and resistance levels for AXIA ENERGIA-ADR PREF?
AXIA ENERGIA-ADR PREF (AXIA) has a support level at 9.5 and a resistance level at 10.33. Check the full technical report for our detailed analysis of AXIA support and resistance levels.