AXIL BRANDS INC (AXIL) Technical Analysis
NYSEARCA:AXIL • US76151R2067
Current stock price
AXIL Technical Rating and Analysis
Overall AXIL gets a technical rating of 8 out of 10. Although AXIL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: AXIL has an average volume of 12734 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- AXIL is part of the Personal Care Products industry. There are 37 other stocks in this industry. AXIL outperforms 91% of them.
- AXIL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- When compared to the yearly performance of all other stocks, AXIL outperforms 47% of them, which is more or less in line with the market.
- AXIL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AXIL is lagging the market.
AXIL Weekly and Daily overview Charts
AXIL Setup Rating and Analysis
Although AXIL has an excellent technical rating, the quality of the presented setup is not ideal 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
AXIL Support and Resistance Analysis
4.75
We found 6 important support areas.
- A support zone ranging from 6.99 to 7.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.93 from a trend line in the weekly time frame.
- Support @5.43 from a trend line in the daily time frame.
- Support @5.17 from a trend line in the weekly time frame.
- Support @4.94 from a horizontal line in the weekly time frame.
- Support @4.80 from a horizontal line in the weekly time frame.
6 important resistance areas can be observed.
- A resistance zone ranging from 7.24 to 7.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.53 from a trend line in the daily time frame.
- Resistance @8.07 from a trend line in the weekly time frame.
- Resistance @8.44 from a trend line in the weekly time frame.
- Resistance @8.84 from a horizontal line in the weekly time frame.
- Resistance @9.09 from a horizontal line in the weekly time frame.
AXIL 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 AXIL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AXIL is up. |
| ChartMill Relative Strength | 47.96 | NEUTRAL | AXIL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AXIL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AXIL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AXIL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.3 | NEUTRAL | The RSI value for AXIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AXIL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.21 | NEUTRAL | The Stochastics value for AXIL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.41 | MEDIUM VOLATILITY | The ATR as a percentage value for AXIL suggests some volalility. |
| Average Directional Index/ADX (14) | 23.44 | NEUTRAL | The ADX value for AXIL suggests a possible start of a new trend. |
AXIL Chart- and CandleStick Pattern Analysis
AXIL Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.25 | 6.98 | 0.27 (3.72%) | 25.00% |
| An entry @7.25. This is a Buy Stop order right above the resistance zone. | An exit @6.98. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.27 points, which is 3.72%. | For a 0.93% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AXIL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AXIL Technicals: Chart, Performance Metrics, Trend & Indicators
7.2
+0.2 (+2.86%)
AXIL BRANDS INC / AXIL TA FAQ
What is the ChartMill technical rating of AXIL BRANDS INC (AXIL) stock?
ChartMill assigns a technical rating of 8 / 10 to AXIL.
What is the trend direction for AXIL stock?
The current trend direction for AXIL BRANDS INC (AXIL) is Bullish.
What is the RSI signal for AXIL BRANDS INC (AXIL) stock?
AXIL BRANDS INC (AXIL) has an RSI value of 59.2989. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AXIL BRANDS INC?
The short term momentum for AXIL BRANDS INC (AXIL) is positive.
What is the buy/sell signal for AXIL BRANDS INC (AXIL) stock?
The buy/sell signal for AXIL BRANDS INC (AXIL) is buy as both the short term and long term trends are positive.