AXSOME THERAPEUTICS INC (AXSM) Stock Technical Analysis
NASDAQ:AXSM - US05464T1043 - Common Stock
121.86 USD
+0.71 (+0.59%)
121.86 USD
0 (0%)
We assign a technical rating of 10 out of 10 to AXSM. 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 84% of all stocks.
AXSM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AXSM is lagging the market slightly.
In the last month AXSM has a been trading in the 96.09 - 123.59 range, which is quite wide. It is currently trading near the high of this range.
AXSM is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, AXSM did better than 69% of them.
Although AXSM has an excellent technical rating, it does not offer a high quality setup 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
91.37
123.08
3 important support areas can be observed.
- Support @103.70 from a trend line in the daily time frame.
- Support @100.69 from a horizontal line in the daily time frame.
- Support @92.29 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 | 84.53 | POSITIVE | AXSM has a high relative strength, it outperformed 84.53% 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) | 72.58 | OVERBOUGHT | The high RSI value suggests AXSM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.52 | POSITIVE | The MACD value suggests AXSM has a positive trend. |
| Stochastics (14,3) | 89.45 | OVERBOUGHT | The high Stochastics value suggests AXSM may be overbought. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for AXSM suggests some volalility. |
| Average Directional Index/ADX (14) | 32.94 | POSITIVE | The high ADX value value for AXSM suggests a strong 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)
121.86
+0.71 (+0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.59%
1 Week4.16%
2 Weeks11.4%
1 Month20.34%
3 Month15.88%
6 Month-4.45%
12 Month37.14%
2 Year50.82%
3 Year91%
5 Year66.23%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.44
ATR(20)%3.19%
ATR Inc30.14%
Range Today3.11
ADR(20)3.85
ADR(20)%3.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.53
Mansfield0.74
10 Day High123.59
10 Day Low107.81
20 Day High123.59
20 Day Low96.09
52 Week High139.13
52 Week Low75.56
CS1 End103.7
CR1 StartN/A
Volume & EV
DER(3)2%
DER(5)1.06%
Volume1.04M
Volume Incr1.61%
Vol(5)618.92K
Vol(50)639.93K