Wisdomtree Asia Pacific Ex-Japan Total Div Fund (AXJL) Stock Technical Analysis
USA - NYSEARCA:AXJL -
Taking everything into account, AXJL scores 2 out of 10 in our technical rating. In the past year, AXJL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
AXJL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 56.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 56.44, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
53.41
2 important support areas can be observed.
- A support zone ranging from 55.66 to 56.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 53.95 to 54.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 56.85 to 57.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for AXJL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AXJL is neutral. |
| ChartMill Relative Strength | 31.34 | NEUTRAL | AXJL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AXJL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AXJL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AXJL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.93 | NEUTRAL | The RSI value for AXJL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AXJL has a positive trend. |
| Stochastics (14,3) | 58.64 | NEUTRAL | The Stochastics value for AXJL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for AXJL suggests low volalility. |
Wisdomtree Asia Pacific Ex-Japan Total Div Fund
NYSEARCA:AXJL (5/27/2020, 8:21:27 PM)
56.7974
+0.1 (+0.17%)