AMERICAN AXLE & MFG HOLDINGS (AXL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AXL - US0240611030 - Common Stock
We assign a technical rating of 10 out of 10 to AXL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AXL is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, AXL did better than 89% of all other stocks.
- AXL is one of the better performing stocks in the Automobile Components industry, it outperforms 73% of 42 stocks in the same industry.
- A new 52 week high is currently being made by AXL, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- AXL 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.
- AXL has an average volume of 2737290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AXL has an excellent technical rating, but the quality of the setup is only medium 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
6.08
When analyzing the support we can see 4 important areas.
- A support zone ranging from 7.72 to 7.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.52 to 6.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.29 from a trend line in the weekly time frame.
- Support @6.14 from a trend line 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 AXL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AXL is up. |
| ChartMill Relative Strength | 89.63 | POSITIVE | AXL has a high relative strength, it outperformed 89.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AXL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AXL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AXL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.96 | OVERBOUGHT | The high RSI value suggests AXL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests AXL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.8 | OVERBOUGHT | The high Stochastics value suggests AXL may be overbought. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for AXL suggests some volalility. |
| Average Directional Index/ADX (14) | 28.8 | POSITIVE | The high ADX value value for AXL suggests a strong trend. |
NYSE:AXL (1/16/2026, 9:52:45 AM)
7.97
+0.17 (+2.18%)
AMERICAN AXLE & MFG HOLDINGS / AXL FAQ
Can you provide the ChartMill technical rating for AMERICAN AXLE & MFG HOLDINGS?
ChartMill assigns a technical rating of 10 / 10 to AXL.
What is the trend direction for AXL stock?
The current trend direction for AMERICAN AXLE & MFG HOLDINGS (AXL) is Bullish.
What is the RSI signal for AXL stock?
AMERICAN AXLE & MFG HOLDINGS (AXL) has an RSI value of 72.9612. This indicates that the stock is currently overbought.
Can you provide the short term momentum for AMERICAN AXLE & MFG HOLDINGS?
The short term momentum for AMERICAN AXLE & MFG HOLDINGS (AXL) is positive.
Can you provide the support and resistance levels for AMERICAN AXLE & MFG HOLDINGS?
AMERICAN AXLE & MFG HOLDINGS (AXL) has a support level at 6.55 and a resistance level at 7.84. Check the full technical report for our detailed analysis of AXL support and resistance levels.