We assign a technical rating of 10 out of 10 to AXTI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AXTI is showing a nice and steady performance.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, AXTI did better than 99% of all other stocks. On top of that, AXTI also shows a nice and consistent pattern of rising prices.
- AXTI is part of the Semiconductors & Semiconductor Equipment industry. There are 113 other stocks in this industry. AXTI outperforms 100% of them.
- AXTI is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so AXTI slightly outperforms the market at the moment.
- AXTI has an average volume of 5687500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month AXTI has a been trading in the 14.62 - 26.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AXTI has an excellent technical rating, but the quality of the setup is only medium 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
16.44
We found 1 important support area.
- Support @16.61 from a trend line in the daily time frame.
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 AXTI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AXTI is neutral. |
| ChartMill Relative Strength | 99.81 | POSITIVE | AXTI has a high relative strength, it outperformed 99.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AXTI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AXTI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AXTI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.63 | NEUTRAL | The RSI value for AXTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.5 | NEGATIVE | The MACD value suggests AXTI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.62 | NEUTRAL | The Stochastics value for AXTI is a neutral value. |
| Average True Range in percent/ATR (20) | 14.11 | HIGH VOLATILITY | The high ATR as a percentage value for AXTI suggests high volalility. |
| Average Directional Index/ADX (14) | 31.99 | POSITIVE | The high ADX value value for AXTI suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.70 | 16.60 | 6.10 (26.87%) | 3.72% |
| An entry @22.70. This is a Buy Stop order right above the 10 day high. | An exit @16.60. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.10 points, which is 26.87%. | For a 1.00% total portfolio risk, you can invest 3.72% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
20.94
+2.4 (+12.94%)
AXT INC / AXTI FAQ
What is the technical rating for AXTI stock?
ChartMill assigns a technical rating of 10 / 10 to AXTI.
Can you provide the trend direction for AXT INC?
The current trend direction for AXT INC (AXTI) is Bullish.
What is the RSI signal for AXT INC (AXTI) stock?
AXT INC (AXTI) has an RSI value of 57.6318. This indicates that the stock is currently neutral.
What is the MACD signal for AXTI stock?
The MACD indicator for AXT INC (AXTI) has a value of -0.497063, indicating a bearish trend.
What is the short term momentum for AXTI stock?
The short term momentum for AXT INC (AXTI) is neutral.