AMREP CORP (AXR) Technical Analysis
NYSE:AXR • US0321591051
Current stock price
AXR Technical Rating and Analysis
Overall AXR gets a technical rating of 8 out of 10. 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 7428 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- 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.
- Looking at the yearly performance, AXR did better than 89% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month AXR has a been trading in the 23.02 - 29.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
AXR Weekly and Daily overview Charts
AXR Setup Rating and Analysis
Although AXR has an excellent technical rating, it does not offer a high 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
AXR Support and Resistance Analysis
18.55
We found 4 important support areas.
- A support zone ranging from 23.99 to 24.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.12 to 23.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @22.14 from a horizontal line in the daily time frame.
- Support @18.74 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 27.60 to 28.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for AXR is neutral. |
| ChartMill Relative Strength | 89.07 | POSITIVE | AXR has a high relative strength, it outperformed 89.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AXR is below the rising 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) | 49.84 | NEUTRAL | The RSI value for AXR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests AXR has a negative trend. |
| Stochastics (14,3) | 65.55 | NEUTRAL | The Stochastics value for AXR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.18 | HIGH VOLATILITY | The high ATR as a percentage value for AXR suggests high volalility. |
| Average Directional Index/ADX (14) | 29.56 | 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
25.9
-1.04 (-3.86%)
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 49.8375. 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 neutral.