AXALTA COATING SYSTEMS LTD (AXTA) Stock Technical Analysis
NYSE:AXTA - BMG0750C1082 - Common Stock
31.45 USD
+0.12 (+0.38%)
31.45 USD
0 (0%)
Taking everything into account, AXTA scores 5 out of 10 in our technical rating. In the past year, AXTA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, AXTA is a bad performer in the overall market: 80% of all stocks are doing better.
AXTA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month AXTA has a been trading in the 27.58 - 32.26 range, which is quite wide. It is currently trading near the high of this range.
AXTA has an average volume of 2902590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AXTA is part of the Chemicals industry. There are 84 other stocks in this industry, AXTA did better than 40% of them.
AXTA has an average technical rating and it also 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
27.54
32.14
When analyzing the support we notice one important area.
- A support zone ranging from 27.82 to 27.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 31.82 to 31.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for AXTA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AXTA is up. |
| ChartMill Relative Strength | 20.62 | NEGATIVE | AXTA has a low relative strength, it was outperformed by 79.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AXTA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AXTA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AXTA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.04 | NEUTRAL | The RSI value for AXTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests AXTA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.34 | OVERBOUGHT | The high Stochastics value suggests AXTA may be overbought. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for AXTA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.57 | POSITIVE | The high ADX value value for AXTA 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)
31.45
+0.12 (+0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.38%
1 Week1.22%
2 Weeks6.72%
1 Month9.58%
3 Month2.11%
6 Month-13.15%
12 Month-13.84%
2 Year11.13%
3 Year22.14%
5 Year31.87%
10 Year7.74%
15 YearN/A
Volatility
ATR(14)0.71
ATR(20)%2.23%
ATR Inc-43.78%
Range Today0.29
ADR(20)0.69
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.62
Mansfield-1.54
10 Day High32.26
10 Day Low29.47
20 Day High32.26
20 Day Low27.58
52 Week High41.66
52 Week Low27.58
CS1 End27.92
CR1 Start31.82
Volume & EV
DER(3)-2.6%
DER(5)-1.5%
Volume1.81M
Volume Incr-25.41%
Vol(5)2.44M
Vol(50)2.90M