AXSOME THERAPEUTICS INC (AXSM) Stock Technical Analysis
NASDAQ:AXSM - Nasdaq - US05464T1043 - Common Stock - Currency: USD
Taking everything into account, AXSM scores 6 out of 10 in our technical rating. In the last year, AXSM was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
AXSM is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 82% of 195 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that AXSM is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, AXSM also shows a nice and consistent pattern of rising prices. However, we also see that AXSM couldn't keep up this performance in the last couple of months.
AXSM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AXSM is lagging the market slightly.
In the last month AXSM has a been trading in the 101.41 - 120.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AXSM has an average technical rating and the quality of the presented setup is also not ideal 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
86.96
117.65
5 important support areas can be observed.
- A support zone ranging from 107.33 to 108.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 103.67 to 105.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @98.06 from a horizontal line in the weekly time frame.
- Support @95.65 from a horizontal line in the daily time frame.
- Support @87.84 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @109.56 from a trend line in the daily time frame.
- Resistance @112.21 from a horizontal line in the weekly time frame.
- Resistance @116.49 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for AXSM is neutral. |
| ChartMill Relative Strength | 84.68 | POSITIVE | AXSM has a high relative strength, it outperformed 84.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AXSM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AXSM is above a declining 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) | 51.36 | NEUTRAL | The RSI value for AXSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AXSM has a positive trend. |
| Stochastics (14,3) | 47.9 | NEUTRAL | The Stochastics value for AXSM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for AXSM suggests some volalility. |
| Average Directional Index/ADX (14) | 18.35 | NEGATIVE | The low ADX value for AXSM 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 109.57 | 103.66 | 5.91 (5.39%) | 18.54% |
| An entry @109.57. This is a Buy Stop order right above the resistance zone. | An exit @103.66. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.91 points, which is 5.39%. | For a 1.00% total portfolio risk, you can invest 18.54% 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.
NASDAQ:AXSM (6/3/2025, 10:02:23 AM)
109.395
+1.73 (+1.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.61%
1 Week2.47%
2 Weeks0.12%
1 Month-4.05%
3 Month-11.88%
6 Month7.55%
12 Month45.68%
2 Year49.82%
3 Year181.1%
5 Year30.85%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.04
ATR(20)%3.33%
ATR Inc-4.67%
Range Today1.82
ADR(20)3.5
ADR(20)%3.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.68
Mansfield0.64
10 Day High109.64
10 Day Low101.41
20 Day High120
20 Day Low101.41
52 Week High139.13
52 Week Low64.11
CS1 End105.63
CR1 Start108.01
Volume & EV
DER(3)2.46%
DER(5)2.55%
Volume199.06K
Volume Incr-16.39%
Vol(5)528.46K
Vol(50)735.89K