AXON ENTERPRISE INC (AXON) Stock Technical Analysis
USA - NASDAQ:AXON - US05464C1018 - Common Stock
Overall AXON gets a technical rating of 0 out of 10. AXON scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of AXON 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.
More info and screens
548.83
2 important resistance areas can be observed.
- Resistance @736.37 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 | NEUTRAL | NEUTRAL | The long term trend for AXON is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AXON is down. |
| ChartMill Relative Strength | 16.68 | NEGATIVE | AXON has a low relative strength, it was outperformed by 83.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AXON is below a declining 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) | DOWN | NEGATIVE | The current price of AXON is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.25 | OVERSOLD | The low RSI value suggests AXON may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -14.97 | NEGATIVE | The MACD value suggests AXON has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.85 | OVERSOLD | The low Stochastics value suggests AXON may be oversold. |
| Average True Range in percent/ATR (20) | 5.37 | HIGH VOLATILITY | The high ATR as a percentage value for AXON suggests high volalility. |
| Average Directional Index/ADX (14) | 34.78 | POSITIVE | The high ADX value value for AXON suggests a strong trend. |
554.37
-2.92 (-0.52%)
AXON ENTERPRISE INC / AXON FAQ
Can you provide the ChartMill technical rating for AXON ENTERPRISE INC?
ChartMill assigns a technical rating of 0 / 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 25.2547. This indicates that the stock is currently oversold.
What is the MACD signal for AXON stock?
The MACD indicator for AXON ENTERPRISE INC (AXON) has a value of -14.9748, indicating a bearish trend.
What is the support and resistance level for AXON stock?
AXON ENTERPRISE INC (AXON) has a resistance level at 736.37. Check the full technical report for our detailed analysis of AXON support and resistance levels.