AXIA ENERGIA-ADR PREF (AXIA) Technical Analysis
NYSE:AXIA • US15234Q2075
Current stock price
AXIA Technical Rating and Analysis
Taking everything into account, AXIA scores 3 out of 10 in our technical rating. AXIA performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- 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 47 other stocks in this industry, of which 91% are performing better than AXIA.
- 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 2427400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month AXIA has a been trading in the 10.40 - 12.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AXIA Weekly and Daily overview Charts
AXIA Setup Rating and Analysis
The technical rating of AXIA is bad and it also does not present a 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
AXIA Support and Resistance Analysis
10.35
2 important support areas can be observed.
- Support @10.69 from a trend line in the daily time frame.
- A support zone ranging from 10.45 to 10.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- 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 | MIXED | The current price of AXIA is above a declining 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) | 52.11 | NEUTRAL | The RSI value for AXIA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests AXIA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.64 | NEUTRAL | The Stochastics value for AXIA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.51 | MEDIUM VOLATILITY | The ATR as a percentage value for AXIA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.34 | 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
11.56
+0.28 (+2.48%)
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.
What is the RSI signal for AXIA ENERGIA-ADR PREF (AXIA) stock?
AXIA ENERGIA-ADR PREF (AXIA) has an RSI value of 52.1115. This indicates that the stock is currently neutral.
What is the support and resistance level for AXIA stock?
AXIA ENERGIA-ADR PREF (AXIA) has a support level at 10.69 and a resistance level at 12.02. Check the full technical report for our detailed analysis of AXIA support and resistance levels.