Taking everything into account, AXSM scores 10 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, AXSM is showing a nice and steady performance.
AXSM has an excellent technical rating, but the quality of the setup is only medium 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
95.71
When analyzing the support we can see 4 important areas.
- Support @152.12 from a trend line in the daily time frame.
- A support zone ranging from 148.16 to 149.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @107.86 from a trend line in the daily time frame.
- Support @96.68 from a trend line in the weekly time frame.
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 AXSM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AXSM is up. |
| ChartMill Relative Strength | 95.43 | POSITIVE | AXSM has a high relative strength, it outperformed 95.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AXSM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AXSM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AXSM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.01 | NEUTRAL | The RSI value for AXSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.95 | POSITIVE | The MACD value suggests AXSM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.16 | NEUTRAL | The Stochastics value for AXSM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for AXSM suggests some volalility. |
| Average Directional Index/ADX (14) | 26.91 | POSITIVE | The high ADX value value for AXSM suggests a strong trend. |
169.38
+1.83 (+1.09%)
AXSOME THERAPEUTICS INC / AXSM FAQ
What is the technical rating for AXSM stock?
ChartMill assigns a technical rating of 10 / 10 to AXSM.
Can you provide the trend direction for AXSOME THERAPEUTICS INC?
The current trend direction for AXSOME THERAPEUTICS INC (AXSM) is Bullish.
What is the RSI signal for AXSOME THERAPEUTICS INC (AXSM) stock?
AXSOME THERAPEUTICS INC (AXSM) has an RSI value of 62.0061. This indicates that the stock is currently neutral.
What is the MACD signal for AXSM stock?
The MACD indicator for AXSOME THERAPEUTICS INC (AXSM) has a value of 0.949219, indicating a bearish trend.
Can you provide the short term momentum for AXSOME THERAPEUTICS INC?
The short term momentum for AXSOME THERAPEUTICS INC (AXSM) is positive.