AXIS CAPITAL HOLDINGS LTD (AXS) Stock Technical Analysis
NYSE:AXS - New York Stock Exchange, Inc. - BMG0692U1099 - Common Stock - Currency: USD
Taking everything into account, AXS scores 3 out of 10 in our technical rating. Although AXS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month AXS has a been trading in the 95.02 - 104.54 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that AXS is one of the better performing stocks in the market, outperforming 75% of all stocks. On top of that, AXS also shows a nice and consistent pattern of rising prices.
AXS is one of the better performing stocks in the Insurance industry, it outperforms 81% of 145 stocks in the same industry.
AXS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AXS is lagging the market slightly.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Although the technical rating is bad, AXS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 96.77, a Stop Loss order could be placed below this zone.
More info and screens
86.36
102.22
We found 4 important support areas.
- A support zone ranging from 96.20 to 96.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @93.15 from a trend line in the daily time frame.
- Support @89.50 from a horizontal line in the daily time frame.
- A support zone ranging from 87.23 to 87.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 97.22 to 97.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 99.36 to 101.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 AXS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AXS is down. |
| ChartMill Relative Strength | 75.57 | POSITIVE | AXS has a high relative strength, it outperformed 75.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AXS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AXS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AXS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.59 | NEUTRAL | The RSI value for AXS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests AXS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.35 | OVERSOLD | The low Stochastics value suggests AXS may be oversold. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for AXS suggests some volalility. |
| Average Directional Index/ADX (14) | 15 | NEGATIVE | The low ADX value for AXS suggests a weak or negative trend. |
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)
97.11
+0.11 (+0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.11%
1 Week0.95%
2 Weeks-2.02%
1 Month-4.74%
3 Month2.66%
6 Month7.62%
12 Month34.99%
2 Year76.18%
3 Year92.34%
5 Year142.05%
10 Year68.71%
15 Year211.55%
Volatility
ATR(14)2.06
ATR(20)%2.11%
ATR Inc-15.26%
Range Today1.34
ADR(20)1.98
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.57
Mansfield-0.02
10 Day High100
10 Day Low95.02
20 Day High104.54
20 Day Low95.02
52 Week High107.19
52 Week Low70.16
CS1 End96.77
CR1 Start97.22
Volume & EV
DER(3)2.11%
DER(5)0.59%
Volume324.20K
Volume Incr-28.94%
Vol(5)549.34K
Vol(50)669.66K