AXIA ENERGIA-ADR PREF (AXIA) Technical Analysis
NYSE:AXIA • US15234Q2075
Current stock price
AXIA Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to AXIA. In the last year, AXIA was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 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 one of the lesser performing stocks in the Electric Utilities industry. 91% of 47 stocks in the same industry do better.
- In the last month AXIA has a been trading in the 10.40 - 12.13 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- AXIA has an average volume of 2361370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AXIA Weekly and Daily overview Charts
AXIA Setup Rating and Analysis
Although the technical rating is bad, AXIA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 10.64, a Stop Loss order could be placed below this zone.
More info and screens
AXIA Support and Resistance Analysis
10.39
When analyzing the support we notice one important area.
- A support zone ranging from 10.49 to 10.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 10.98 to 11.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 12.02 to 12.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 12.29 to 12.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
AXIA 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 | UP | POSITIVE | The long term trend for AXIA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AXIA is neutral. |
| 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) | DOWN | NEGATIVE | The current price of AXIA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AXIA is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 43.86 | NEUTRAL | The RSI value for AXIA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests AXIA has a negative trend. |
| Stochastics (14,3) | 30.72 | NEUTRAL | The Stochastics value for AXIA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.06 | HIGH VOLATILITY | The high ATR as a percentage value for AXIA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.89 | NEGATIVE | The low ADX value for AXIA suggests a weak or negative trend. |
AXIA Chart- and CandleStick Pattern Analysis
AXIA Technicals: Chart, Performance Metrics, Trend & Indicators
10.71
-0.12 (-1.11%)
AXIA ENERGIA-ADR PREF / AXIA TA FAQ
What is the technical rating for AXIA stock?
ChartMill assigns a technical rating of 3 / 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 43.8639. 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 -0.0818538, 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 10.64 and a resistance level at 10.98. Check the full technical report for our detailed analysis of AXIA support and resistance levels.