AXON ENTERPRISE INC (AXON)
US05464C1018 - Common Stock
Overall AXON gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, AXON did better than 90% of all other stocks. On top of that, AXON also shows a nice and consistent pattern of rising prices.
AXON is one of the better performing stocks in the Aerospace & Defense industry, it outperforms 74% of 64 stocks in the same industry.
AXON is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AXON is performing more or less in line with the market.
In the last month AXON has a been trading in the 291.35 - 329.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, AXON also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 316.33. Right above this resistance zone may be a good entry point.
More info and screens
197.32
327.34
When analyzing the support we can see 5 important areas.
- A support zone ranging from 300.69 to 306.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 293.60 to 294.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @282.20 from a trend line in the daily time frame.
- Support @244.77 from a trend line in the weekly time frame.
- Support @199.31 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 316.33 to 324.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.91
Mansfield2.01
10 Day High317.17
10 Day Low291.35
20 Day High329.87
20 Day Low291.35
52 Week High329.87
52 Week Low175.37
Performance
1 Week4.98%
2 Weeks-0.83%
1 Month-1.49%
3 Month22.62%
6 Month53.54%
12 Month46.28%
2 Year174.72%
3 Year103.31%
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.64
RSI(14)54.17
LBB288.14
UBB322.04
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 324.11 | 300.68 | 23.43 (7.23%) | 13.83% |
| An entry @324.11. This is a Buy Stop order right above the resistance zone. | An exit @300.68. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 23.43 points, which is 7.23%. | When investing 13.83% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
AXON ENTERPRISE INC
NASDAQ:AXON (4/26/2024, 7:00:00 PM)
After market: 308.23 0 (0%)308.23
+1.99 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.65%
1 Week4.98%
2 Weeks-0.83%
1 Month-1.49%
3 Month22.62%
6 Month53.54%
12 Month46.28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)9.11
ATR(20)%2.63%
ATR Inc
Range Today5.3
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 High317.17
10 Day Low291.35
20 Day High329.87
20 Day Low291.35
52 Week High329.87
52 Week Low175.37
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume300.70K
Volume Incr-1.29%
Vol(5)426.26K
Vol(50)528.00K