AXALTA COATING SYSTEMS LTD (AXTA) Stock Technical Analysis
NYSE:AXTA - New York Stock Exchange, Inc. - BMG0750C1082 - Common Stock - Currency: USD
Overall AXTA gets a technical rating of 0 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
74% of all other stocks performed better in the past year than AXTA.
AXTA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AXTA is lagging the market.
In the last month AXTA has a been trading in the 30.89 - 33.68 range, which is quite wide. It is currently trading near the lows of this range.
AXTA has an average volume of 2436580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AXTA is an average performer in the Chemicals industry, it outperforms 61% of 85 stocks in the same industry.
AXTA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 30.13, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AXTA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
29.43
33.63
We found 1 important support area.
- A support zone ranging from 29.73 to 30.13. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.15 to 33.30. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 26.51 | NEGATIVE | AXTA has a low relative strength, it was outperformed by 73.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AXTA is below a declining 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) | 43.05 | NEUTRAL | The RSI value for AXTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests AXTA has a negative trend. |
| Stochastics (14,3) | 33.69 | NEUTRAL | The Stochastics value for AXTA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for AXTA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.07 | NEGATIVE | The low ADX value for AXTA suggests a weak or negative 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)
31.57
+0.28 (+0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.89%
1 Week-4.72%
2 Weeks-1.26%
1 Month-1.17%
3 Month-13.16%
6 Month-22.78%
12 Month-10.98%
2 Year7.86%
3 Year15.21%
5 Year35.4%
10 Year-8.64%
15 YearN/A
Volatility
ATR(14)0.93
ATR(20)%2.92%
ATR Inc-29.97%
Range Today0.72
ADR(20)0.79
ADR(20)%2.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.51
Mansfield-1.33
10 Day High33.42
10 Day Low30.89
20 Day High33.68
20 Day Low30.89
52 Week High41.66
52 Week Low27.7
CS1 End30.13
CR1 Start32.15
Volume & EV
DER(3)4.4%
DER(5)3.33%
Volume2.63M
Volume Incr-20.95%
Vol(5)2.12M
Vol(50)2.44M