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AXIALL CORP (AXLL) Stock Technical Analysis

NYSE:AXLL - New York Stock Exchange, Inc. -

33  +0.02 (+0.06%)

Technical Rating and Analysis

9

Taking everything into account, AXLL scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, AXLL has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
AXLL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
AXLL has an average volume of 1244860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, AXLL did better than 93% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month AXLL has a been trading in a tight range between 32.75 and 33.49.
Weekly and Daily overview Charts
AXIALL CORP / AXLL Weekly stock chart
AXIALL CORP / AXLL Daily stock chart
Setup Rating and Analysis

8

AXLL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 33.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.98, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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.
Support and Resistance Analysis

24.70

33.34

2 important support areas can be observed.

  • A support zone ranging from 32.34 to 32.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @24.95 from a trend line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 33.01 to 33.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 IndicatorUPPOSITIVEThe long term trend for AXLL is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for AXLL is up.
ChartMill Relative Strength93.12POSITIVEAXLL has a high relative strength, it outperformed 93.12% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of AXLL is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of AXLL is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of AXLL is above the rising SMA(200).
Relative Strength Index/RSI (14)76.96OVERBOUGHTThe high RSI value suggests AXLL may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.06NEGATIVEThe MACD value suggests AXLL has a negative trend, although the MACD value is rising.
Stochastics (14,3)90.61OVERBOUGHTThe high Stochastics value suggests AXLL may be overbought.
Average True Range in percent/ATR (20)0.22LOW VOLATILITYThe low ATR as a percentage value for AXLL suggests low volalility.
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)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
33.0232.930.09 (0.27%)25.00%
An entry @33.02. This is a Buy Stop order right above the resistance zone.An exit @32.93. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.09 points, which is 0.27%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.07%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AXIALL CORP / AXLL Daily stock chart

AXIALL CORP

NYSE:AXLL (8/30/2016, 8:18:35 PM)

33

+0.02 (+0.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.06%
1 Week0.06%
2 Weeks0.27%
1 Month0.73%
3 Month45.25%
6 Month60.74%
12 Month46.02%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.22%
ATR Inc-10.26%
Range Today0.02
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
CRS93.12
Mansfield3.65
10 Day High33
10 Day Low32.94
20 Day High33.49
20 Day Low32.75
52 Week High33.49
52 Week Low9.04
CS1 End32.98
CR1 Start33.01
Volume & EV
DER(3)0.44%
DER(5)-1.63%
Volume1.85M
Volume Incr29.13%
Vol(5)1.33M
Vol(50)1.24M