AMREP CORP (AXR) Technical Analysis
NYSE:AXR • US0321591051
Current stock price
AXR Technical Rating and Analysis
Taking everything into account, AXR scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AXR is showing a nice and steady performance.
- Warning: AXR has an average volume of 6364 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- AXR is part of the Real Estate Management & Development industry. There are 63 other stocks in this industry. AXR outperforms 93% of them.
- AXR 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 AXR is performing more or less in line with the market.
- In the last month AXR has a been trading in the 23.02 - 29.00 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the yearly performance of all stocks, we notice that AXR is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AXR Weekly and Daily overview Charts
AXR Setup Rating and Analysis
Although AXR has an excellent technical rating, it does not present a decent entry opportunity 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
AXR Support and Resistance Analysis
18.55
We found 5 important support areas.
- A support zone ranging from 24.10 to 24.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.41 to 23.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.75 from a trend line in the daily time frame.
- Support @22.00 from a horizontal line in the daily time frame.
- Support @18.74 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 27.60 to 27.60. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 28.11 to 28.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
AXR 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AXR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AXR is up. |
| ChartMill Relative Strength | 90.09 | POSITIVE | AXR has a high relative strength, it outperformed 90.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AXR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AXR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AXR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.85 | NEUTRAL | The RSI value for AXR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests AXR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.6 | NEUTRAL | The Stochastics value for AXR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.7 | MEDIUM VOLATILITY | The ATR as a percentage value for AXR suggests some volalility. |
| Average Directional Index/ADX (14) | 31.91 | POSITIVE | The high ADX value value for AXR suggests a strong trend. |
AXR Chart- and CandleStick Pattern Analysis
AXR Technicals: Chart, Performance Metrics, Trend & Indicators
27
-1.14 (-4.05%)
AMREP CORP / AXR TA FAQ
What is the technical rating for AXR stock?
ChartMill assigns a technical rating of 8 / 10 to AXR.
What is the current trend direction of AMREP CORP (AXR) stock?
The current trend direction for AMREP CORP (AXR) is Bullish.
What is the RSI signal for AMREP CORP (AXR) stock?
AMREP CORP (AXR) has an RSI value of 59.8539. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AMREP CORP?
The short term momentum for AMREP CORP (AXR) is positive.
What is the buy/sell signal for AMREP CORP (AXR) stock?
The buy/sell signal for AMREP CORP (AXR) is buy as both the short term and long term trends are positive.