Overall AXSM gets a technical rating of 10 out of 10. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that AXSM is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, AXSM also shows a nice and consistent pattern of rising prices.
- AXSM is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 85% of 190 stocks in the same industry.
- AXSM 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.
- In the last month AXSM has a been trading in the 145.07 - 184.40 range, which is quite wide. It is currently trading near the high of this range.
Although AXSM has an excellent technical rating, the quality of the presented setup is 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
96.03
4 important support areas can be observed.
- A support zone ranging from 167.54 to 169.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 151.73 to 153.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @108.05 from a trend line in the daily time frame.
- Support @97.00 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 | 94.4 | POSITIVE | AXSM has a high relative strength, it outperformed 94.4% 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) | 65.84 | NEUTRAL | The RSI value for AXSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.86 | POSITIVE | The MACD value suggests AXSM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.99 | NEUTRAL | The Stochastics value for AXSM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for AXSM suggests some volalility. |
| Average Directional Index/ADX (14) | 29.71 | POSITIVE | The high ADX value value for AXSM suggests a strong trend. |
177.01
+2.68 (+1.54%)
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 65.8412. 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 0.861734, 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.