AMERICAN AXLE & MFG HOLDINGS (AXL) Stock Technical Analysis
USA - NYSE:AXL - US0240611030 - Common Stock
5.32 USD
-0.37 (-6.5%)
5.3 USD
-0.02 (-0.38%)
Overall AXL gets a technical rating of 5 out of 10. In the last year, AXL was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month AXL has a been trading in the 5.31 - 6.52 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.
AXL has an average volume of 3680410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When compared to the yearly performance of all other stocks, AXL outperforms 57% of them, which is more or less in line with the market.
AXL is an average performer in the Automobile Components industry, it outperforms 56% of 81 stocks in the same industry.
AXL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AXL is lagging the market.
AXL has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.04
5.37
When analyzing the support we notice one important area.
- Support @5.09 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 | DOWN | NEGATIVE | The short term trend for AXL is down. |
| ChartMill Relative Strength | 57.3 | NEUTRAL | AXL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AXL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AXL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AXL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.81 | NEUTRAL | The RSI value for AXL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests AXL has a negative trend. |
| Stochastics (14,3) | 12.52 | OVERSOLD | The low Stochastics value suggests AXL may be oversold. |
| Average True Range in percent/ATR (20) | 4.84 | MEDIUM VOLATILITY | The ATR as a percentage value for AXL suggests some volalility. |
| Average Directional Index/ADX (14) | 25.93 | POSITIVE | The high ADX value value for AXL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
5.32
-0.37 (-6.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-6.5%
1 Week-14.47%
2 Weeks-13.92%
1 Month-9.37%
3 Month20.63%
6 Month71.61%
12 Month-13.21%
2 Year-21.19%
3 Year-45.1%
5 Year-20.83%
10 Year-75.99%
15 Year-42.3%
Volatility
ATR(14)0.26
ATR(20)%4.84%
ATR Inc86.37%
Range Today0.49
ADR(20)0.25
ADR(20)%4.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.3
Mansfield-0.51
10 Day High6.41
10 Day Low5.31
20 Day High6.52
20 Day Low5.31
52 Week High7.03
52 Week Low3
CS1 End5.09
CR1 StartN/A
Volume & EV
DER(3)-0.83%
DER(5)0.96%
Volume2.66M
Volume Incr5.32%
Vol(5)3.39M
Vol(50)3.68M