Overall AXON gets a technical rating of 1 out of 10. AXON'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 technical rating of AXON is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
514.40
We found 2 important support areas.
- Support @535.50 from a trend line in the weekly time frame.
- A support zone ranging from 519.60 to 522.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 594.21 to 594.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @690.21 from a trend line in the daily time frame.
- Resistance @740.64 from a trend line in the daily time frame.
- Resistance @781.90 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for AXON is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AXON is neutral. |
| ChartMill Relative Strength | 19.05 | NEGATIVE | AXON has a low relative strength, it was outperformed by 80.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AXON is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AXON is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AXON is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.68 | NEUTRAL | The RSI value for AXON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 8.64 | POSITIVE | The MACD value suggests AXON has a positive trend. |
| Stochastics (14,3) | 63.58 | NEUTRAL | The Stochastics value for AXON is a neutral value. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for AXON suggests some volalility. |
| Average Directional Index/ADX (14) | 24.86 | NEUTRAL | The ADX value for AXON suggests a possible start of a new trend. |
594.2
+30.92 (+5.49%)
AXON ENTERPRISE INC / AXON FAQ
Can you provide the ChartMill technical rating for AXON ENTERPRISE INC?
ChartMill assigns a technical rating of 1 / 10 to AXON.
Can you provide the trend direction for AXON ENTERPRISE INC?
The current trend direction for AXON ENTERPRISE INC (AXON) is Bearish.
Can you provide the RSI signal for AXON ENTERPRISE INC?
AXON ENTERPRISE INC (AXON) has an RSI value of 57.6774. This indicates that the stock is currently neutral.
What is the MACD signal for AXON stock?
The MACD indicator for AXON ENTERPRISE INC (AXON) has a value of 8.63562, indicating a bullish trend.
What is the support and resistance level for AXON stock?
AXON ENTERPRISE INC (AXON) has a support level at 535.5 and a resistance level at 594.21. Check the full technical report for our detailed analysis of AXON support and resistance levels.