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AXCELLA HEALTH INC (AXLA) Stock Technical Analysis

NASDAQ:AXLA - Nasdaq - US05454B2043 - Common Stock - Currency: USD

4.58  -0.9 (-16.42%)

After market: 3.42 -1.16 (-25.33%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to AXLA. AXLA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, AXLA is a bad performer in the overall market: 66% of all stocks are doing better.
AXLA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
AXLA has an average volume of 1479890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AXLA is part of the Biotechnology industry. There are 558 other stocks in this industry, AXLA did better than 57% of them.
In the last month AXLA has a been trading in the 4.07 - 6.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
AXCELLA HEALTH INC / AXLA Weekly stock chart
AXCELLA HEALTH INC / AXLA Daily stock chart
Setup Rating and Analysis

3

The technical rating of AXLA is bad and it also does not present a quality setup 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

4.09

11.36

We found 3 important support areas.

  • Support @4.46 from a horizontal line in the weekly time frame.
  • Support @4.38 from a trend line in the daily time frame.
  • Support @4.13 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • Resistance @11.25 from a horizontal line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for AXLA is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for AXLA is down.
ChartMill Relative Strength34.89NEUTRALAXLA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of AXLA is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of AXLA is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of AXLA is below a declining SMA(200).
Relative Strength Index/RSI (14)36.76NEUTRALThe RSI value for AXLA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.17POSITIVEThe MACD value suggests AXLA has a positive trend, although the MACD value is declining.
Stochastics (14,3)44.65NEUTRALThe Stochastics value for AXLA is a neutral value.
Average True Range in percent/ATR (20)13.78HIGH VOLATILITYThe high ATR as a percentage value for AXLA suggests high volalility.
Average Directional Index/ADX (14)10.34NEGATIVEThe low ADX value for AXLA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
AXCELLA HEALTH INC / AXLA Daily stock chart

AXCELLA HEALTH INC

NASDAQ:AXLA (11/22/2023, 8:00:01 PM)

After market: 3.42 -1.16 (-25.33%)

4.58

-0.9 (-16.42%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-16.42%
1 Week-15.89%
2 Weeks-3.78%
1 Month-33.72%
3 Month66.55%
6 Month-54.62%
12 Month-80.3%
2 Year-93.73%
3 Year-96.79%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%13.78%
ATR Inc-6.56%
Range Today0.88
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.89
Mansfield-5.81
10 Day High5.75
10 Day Low4.07
20 Day High6.98
20 Day Low4.07
52 Week High41.25
52 Week Low2.59
CS1 End4.46
CR1 Start11.25
Volume & EV
DER(3)-4.05%
DER(5)2.75%
Volume41.90K
Volume Incr-48.8%
Vol(5)19.00K
Vol(50)1.48M