AXIA ENERGIA-ADR PREF (AXIA) Technical Analysis
NYSE:AXIA • US15234Q2075
Taking everything into account, AXIA scores 5 out of 10 in our technical rating. AXIA has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 100% of all other stocks performed better in the past year than AXIA.
- AXIA is part of the Electric Utilities industry. There are 46 other stocks in this industry, of which 93% are performing better than AXIA.
- In the last month AXIA has a been trading in the 10.87 - 12.30 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- 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 1974650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AXIA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.02. Right above this resistance zone may be a good entry point.
More info and screens
11.16
When analyzing the support we notice one important area.
- A support zone ranging from 11.27 to 11.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- 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.
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) | UP | MIXED | The current price of AXIA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AXIA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 49.72 | NEUTRAL | The RSI value for AXIA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests AXIA has a negative trend. |
| Stochastics (14,3) | 39.2 | NEUTRAL | The Stochastics value for AXIA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for AXIA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.41 | NEGATIVE | The low ADX value for AXIA suggests a weak or negative trend. |
AXIA Technicals: Chart, Performance Metrics, Trend & Indicators
11.3
-0.03 (-0.26%)
AXIA ENERGIA-ADR PREF / AXIA FAQ
What is the technical rating for AXIA stock?
ChartMill assigns a technical rating of 5 / 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 49.7215. 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 -0.107202, 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 11.29 and a resistance level at 12.02. Check the full technical report for our detailed analysis of AXIA support and resistance levels.