AXALTA COATING SYSTEMS LTD (AXTA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AXTA - BMG0750C1082 - Common Stock
Overall AXTA gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AXTA is only an average performer.
Although AXTA 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
27.28
We found 3 important support areas.
- A support zone ranging from 29.08 to 29.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.23 from a horizontal line in the daily time frame.
- Support @27.56 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 33.03 to 33.29. 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 | UP | POSITIVE | The long term trend for AXTA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AXTA is up. |
| ChartMill Relative Strength | 64.84 | NEUTRAL | AXTA is not amongst the best or worst performers 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 | MIXED | The current price of AXTA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.75 | NEUTRAL | The RSI value for AXTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests AXTA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.34 | NEUTRAL | The Stochastics value for AXTA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for AXTA suggests some volalility. |
| Average Directional Index/ADX (14) | 36.26 | POSITIVE | The high ADX value value for AXTA suggests a strong trend. |
33.02
+0.59 (+1.82%)
AXALTA COATING SYSTEMS LTD / AXTA FAQ
What is the technical rating for AXTA stock?
ChartMill assigns a technical rating of 8 / 10 to AXTA.
What is the trend direction for AXTA stock?
The current trend direction for AXALTA COATING SYSTEMS LTD (AXTA) is Bullish.
What is the RSI signal for AXALTA COATING SYSTEMS LTD (AXTA) stock?
AXALTA COATING SYSTEMS LTD (AXTA) has an RSI value of 65.7488. This indicates that the stock is currently neutral.
What is the MACD signal for AXALTA COATING SYSTEMS LTD (AXTA) stock?
The MACD indicator for AXALTA COATING SYSTEMS LTD (AXTA) has a value of -0.0526569, indicating a bearish trend.
Can you provide the buy/sell signal for AXALTA COATING SYSTEMS LTD?
The buy/sell signal for AXALTA COATING SYSTEMS LTD (AXTA) is buy as both the short term and long term trends are positive.