AXIS CAPITAL HOLDINGS LTD (AXS)

BMG0692U1099 - Common Stock

62.03  0 (0%)

After market: 62.03 0 (0%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to AXS. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AXS is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
AXS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
AXS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When compared to the yearly performance of all other stocks, AXS outperforms 59% of them, which is more or less in line with the market.
AXS is part of the Insurance industry. There are 142 other stocks in this industry, AXS did better than 55% of them.
Weekly and Daily overview Charts
AXS Weekly chart
AXS Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, AXS also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 62.04. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

49.99

62.70

We found 3 important support areas.

  • A support zone ranging from 59.99 to 60.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 52.35 to 55.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @50.49 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 62.04 to 62.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.59
Mansfield-0.33
10 Day High62.64
10 Day Low58.37
20 Day High62.64
20 Day Low55.56
52 Week High62.64
52 Week Low51.25
Performance
1 Week-0.06%
2 Weeks5.48%
1 Month4.99%
3 Month11.36%
6 Month13.98%
12 Month2.17%
2 Year13.57%
3 Year22.76%
5 Year8.69%
10 Year41.07%
15 Year177.17%
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)
Technical Indicators
MACD(12,26,9)0.15
RSI(14)68.03
LBB57.71
UBB63.3
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
62.0959.982.11 (3.40%)25.00%
An entry @62.09. This is a Buy Stop order right above the resistance zone.An exit @59.98. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 2.11 points, which is 3.40%.For a 0.85% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AXS Daily chart

AXIS CAPITAL HOLDINGS LTD

NYSE:AXS (2/23/2024, 7:04:00 PM)

After market: 62.03 0 (0%)

62.03

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0%
1 Week-0.06%
2 Weeks5.48%
1 Month4.99%
3 Month11.36%
6 Month13.98%
12 Month2.17%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.24
ATR(20)%2.12%
ATR Inc
Range Today0.5
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High62.64
10 Day Low58.37
20 Day High62.64
20 Day Low55.56
52 Week High62.64
52 Week Low51.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume696.80K
Volume Incr-31.1%
Vol(5)566.38K
Vol(50)643.94K