AXALTA COATING SYSTEMS LTD (AXTA) Technical Analysis
NYSE:AXTA • BMG0750C1082
Current stock price
27.73 USD
-0.71 (-2.5%)
At close:
27.73 USD
0 (0%)
After Hours:
AXTA Technical Rating and Analysis
Overall AXTA gets a technical rating of 1 out of 10. AXTA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, AXTA is a bad performer in the overall market: 85% of all stocks are doing better.
- AXTA is part of the Chemicals industry. There are 82 other stocks in this industry, of which 85% are performing better than AXTA.
- AXTA has an average volume of 2593360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- AXTA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AXTA is lagging the market.
- In the last month AXTA has a been trading in the 26.07 - 31.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AXTA Weekly and Daily overview Charts
AXTA Setup Rating and Analysis
Although the technical rating is bad, AXTA does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
AXTA Support and Resistance Analysis
26.99
33.89
We found 1 important support area.
- Support @27.26 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 28.64 to 29.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 30.00 to 30.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @33.55 from a trend line in the weekly time frame.
AXTA Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for AXTA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AXTA is down. |
| ChartMill Relative Strength | 15.35 | NEGATIVE | AXTA has a low relative strength, it was outperformed by 84.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AXTA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AXTA is below a declining 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) | 43.2 | NEUTRAL | The RSI value for AXTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests AXTA has a negative trend. |
| Stochastics (14,3) | 8.91 | OVERSOLD | The low Stochastics value suggests AXTA may be oversold. |
| Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for AXTA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.98 | NEGATIVE | The low ADX value for AXTA suggests a weak or negative trend. |
AXTA Chart- and CandleStick Pattern Analysis
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)
AXTA Technicals: Chart, Performance Metrics, Trend & Indicators
27.73
-0.71 (-2.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-2.5%
1 Week-6.54%
2 Weeks-7.57%
1 Month3.39%
3 Month-17.42%
6 Month-2.6%
12 Month-16.38%
2 Year-22.08%
3 Year-4.41%
5 Year-14.52%
10 Year-1.49%
15 YearN/A
Volatility
ATR(14)0.94
ATR(20)%3.55%
ATR Inc5.83%
Range Today1.13
ADR(20)0.75
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.35
3 months CRS14.83
6 months CRS35.17
Mansfield-1.68
10 Day High30.31
10 Day Low27.61
20 Day High31.23
20 Day Low26.07
52 Week High35.72
52 Week Low24.94
CS1 End27.26
CR1 Start28.64
Volume & EV
DER(3)-2.94%
DER(5)-2.9%
Volume1.72M
Volume Incr-17.14%
Vol(5)1.84M
Vol(50)2.59M
AXALTA COATING SYSTEMS LTD / AXTA TA FAQ
What is the technical rating for AXTA stock?
ChartMill assigns a technical rating of 1 / 10 to AXTA.
What is the trend direction for AXTA stock?
The current trend direction for AXALTA COATING SYSTEMS LTD (AXTA) is Bearish.
What is the RSI signal for AXTA stock?
AXALTA COATING SYSTEMS LTD (AXTA) has an RSI value of 43.2003. This indicates that the stock is currently neutral.
What is the short term momentum for AXTA stock?
The short term momentum for AXALTA COATING SYSTEMS LTD (AXTA) is negative.
What is the support and resistance level for AXTA stock?
AXALTA COATING SYSTEMS LTD (AXTA) has a support level at 27.26 and a resistance level at 28.64. Check the full technical report for our detailed analysis of AXTA support and resistance levels.