AXIS CAPITAL HOLDINGS LTD (AXS) Technical Analysis
NYSE:AXS • BMG0692U1099
Current stock price
AXS Technical Rating and Analysis
Overall AXS gets a technical rating of 3 out of 10. AXS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month AXS has a been trading in the 96.89 - 103.46 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the performance of all stocks over the past year, AXS turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
- AXS is part of the Insurance industry. There are 147 other stocks in this industry, AXS did better than 65% of them.
- AXS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AXS is lagging the market.
AXS Weekly and Daily overview Charts
AXS Setup Rating and Analysis
AXS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 102.02, a Stop Loss order could be placed below this zone.
More info and screens
AXS Support and Resistance Analysis
89.82
When analyzing the support we can see 3 important areas.
- A support zone ranging from 98.76 to 102.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @94.69 from a trend line in the weekly time frame.
- A support zone ranging from 90.73 to 91.14. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @106.93 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 108.99 to 109.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
AXS 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 | NEUTRAL | NEUTRAL | The long term trend for AXS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AXS is neutral. |
| ChartMill Relative Strength | 45.98 | NEUTRAL | AXS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AXS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AXS is above 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) | 52.95 | NEUTRAL | The RSI value for AXS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests AXS has a positive trend. |
| Stochastics (14,3) | 77.27 | NEUTRAL | The Stochastics value for AXS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for AXS suggests some volalility. |
| Average Directional Index/ADX (14) | 12.18 | NEGATIVE | The low ADX value for AXS suggests a weak or negative trend. |
AXS Chart- and CandleStick Pattern Analysis
AXS Technicals: Chart, Performance Metrics, Trend & Indicators
102.08
+0.3 (+0.29%)
AXIS CAPITAL HOLDINGS LTD / AXS TA FAQ
What is the ChartMill technical rating of AXIS CAPITAL HOLDINGS LTD (AXS) stock?
ChartMill assigns a technical rating of 3 / 10 to AXS.
What is the trend direction for AXS stock?
The current trend direction for AXIS CAPITAL HOLDINGS LTD (AXS) is Bearish.
What is the RSI signal for AXIS CAPITAL HOLDINGS LTD (AXS) stock?
AXIS CAPITAL HOLDINGS LTD (AXS) has an RSI value of 52.9485. This indicates that the stock is currently neutral.
What is the short term momentum for AXS stock?
The short term momentum for AXIS CAPITAL HOLDINGS LTD (AXS) is neutral.
What is the support and resistance level for AXS stock?
AXIS CAPITAL HOLDINGS LTD (AXS) has a support level at 102.02 and a resistance level at 106.93. Check the full technical report for our detailed analysis of AXS support and resistance levels.