AXSOME THERAPEUTICS INC (AXSM)

US05464T1043 - Common Stock

74.8  +0.61 (+0.82%)

After market: 76 +1.2 (+1.6%)

Technical Rating and Analysis

3

Taking everything into account, AXSM scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. AXSM was also a bad performer in the overall market in the last year.

79% of all other stocks performed better in the past year than AXSM.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month AXSM has a been trading in the 65.50 - 76.39 range, which is quite wide. It is currently trading near the high of this range.
AXSM is part of the Pharmaceuticals industry. There are 198 other stocks in this industry, AXSM did better than 48% of them.
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.
Weekly and Daily overview Charts
AXSM Weekly chart
AXSM Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, AXSM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 74.81. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

57.81

76.46

We found 5 important support areas.

  • Support @69.31 from a trend line in the weekly time frame.
  • Support @67.90 from a horizontal line in the weekly time frame.
  • A support zone ranging from 65.72 to 66.57. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @64.67 from a trend line in the weekly time frame.
  • Support @58.39 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 74.81 to 75.70. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS21.98
Mansfield-1.03
10 Day High76.39
10 Day Low67.16
20 Day High76.39
20 Day Low65.5
52 Week High98.4
52 Week Low55.02
Performance
1 Week4.31%
2 Weeks10.16%
1 Month3.53%
3 Month-19.41%
6 Month14.83%
12 Month1.44%
2 Year199.2%
3 Year23.21%
5 Year225.78%
10 YearN/A
15 YearN/A
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)0.84
RSI(14)54.57
LBB66.25
UBB76.9
AXSM Daily chart

AXSOME THERAPEUTICS INC

NASDAQ:AXSM (5/3/2024, 7:00:01 PM)

After market: 76 +1.2 (+1.6%)

74.8

+0.61 (+0.82%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.82%
1 Week4.31%
2 Weeks10.16%
1 Month3.53%
3 Month-19.41%
6 Month14.83%
12 Month1.44%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.03
ATR(20)%3.84%
ATR Inc
Range Today1.96
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 High76.39
10 Day Low67.16
20 Day High76.39
20 Day Low65.5
52 Week High98.4
52 Week Low55.02
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume767.60K
Volume Incr-7.7%
Vol(5)512.74K
Vol(50)688.61K