AMERICAN AXLE & MFG HOLDINGS (AXL)

US0240611030 - Common Stock

7.36  -0.02 (-0.27%)

After market: 7.36 0 (0%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to AXL. AXL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
79% of all other stocks performed better in the past year than AXL.
In the last month AXL has a been trading in the 6.44 - 7.54 range, which is quite wide. It is currently trading near the high of this range.
AXL has an average volume of 2208930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AXL is part of the Automobile Components industry. There are 42 other stocks in this industry, AXL did better than 51% of them.
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.
Weekly and Daily overview Charts
AXL Weekly chart
AXL Daily chart
Setup Rating and Analysis

7

AXL has a poor technical rating and the quality of the setup is also 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.

Support and Resistance Analysis

6.31

8.66

When analyzing the support we can see 3 important areas.

  • Support @7.16 from a horizontal line in the daily time frame.
  • Support @6.58 from a horizontal line in the weekly time frame.
  • A support zone ranging from 6.37 to 6.38. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 7.39 to 7.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @7.87 from a trend line in the weekly time frame.
  • Resistance @8.24 from a trend line in the daily time frame.
  • Resistance @8.38 from a trend line in the weekly time frame.
  • Resistance @8.57 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.54
Mansfield-1.65
10 Day High7.54
10 Day Low6.44
20 Day High7.54
20 Day Low6.44
52 Week High9.55
52 Week Low6.29
Performance
1 Week4.53%
2 Weeks13.19%
1 Month11.48%
3 Month-16.23%
6 Month1.65%
12 Month-5.51%
2 Year-4.9%
3 Year-23.6%
5 Year-48.43%
10 Year-60.15%
15 Year459.09%
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)
Technical Indicators
MACD(12,26,9)0.11
RSI(14)57.31
LBB6.3
UBB7.48
AXL Daily chart

AMERICAN AXLE & MFG HOLDINGS

NYSE:AXL (3/28/2024, 4:10:02 PM)

After market: 7.36 0 (0%)

7.36

-0.02 (-0.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-0.27%
1 Week4.53%
2 Weeks13.19%
1 Month11.48%
3 Month-16.23%
6 Month1.65%
12 Month-5.51%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.26
ATR(20)%3.47%
ATR Inc
Range Today0.23
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High7.54
10 Day Low6.44
20 Day High7.54
20 Day Low6.44
52 Week High9.55
52 Week Low6.29
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.06M
Volume Incr-59.03%
Vol(5)1.50M
Vol(50)2.21M