AXT INC (AXTI) Technical Analysis
NASDAQ:AXTI • US00246W1036
Current stock price
AXTI Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to AXTI. Both in the recent history as in the last year, AXTI has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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 115 other stocks in this industry. AXTI outperforms 99% of them.
- A new 52 week high is currently being made by AXTI, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month AXTI has a been trading in the 39.70 - 82.19 range, which is quite wide. It is currently trading near the high of this range.
- AXTI has an average volume of 10983800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AXTI Weekly and Daily overview Charts
AXTI Setup Rating and Analysis
Although AXTI has an excellent technical rating, it 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
AXTI Support and Resistance Analysis
46.08
When analyzing the support we notice one important area.
- A support zone ranging from 46.55 to 47.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
AXTI 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 | UP | POSITIVE | The long term trend for AXTI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AXTI is up. |
| ChartMill Relative Strength | 99.98 | POSITIVE | AXTI has a high relative strength, it outperformed 99.98% 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) | 67.62 | NEUTRAL | The RSI value for AXTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.42 | POSITIVE | The MACD value suggests AXTI has a positive trend. |
| Stochastics (14,3) | 86.31 | OVERBOUGHT | The high Stochastics value suggests AXTI may be overbought. |
| Average True Range in percent/ATR (20) | 12.93 | HIGH VOLATILITY | The high ATR as a percentage value for AXTI suggests high volalility. |
| Average Directional Index/ADX (14) | 33.48 | POSITIVE | The high ADX value value for AXTI suggests a strong trend. |
AXTI Chart- and CandleStick Pattern Analysis
AXTI Technicals: Chart, Performance Metrics, Trend & Indicators
81.78
+18.85 (+29.95%)
AXT INC / AXTI TA 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 AXTI stock?
AXT INC (AXTI) has an RSI value of 67.6209. This indicates that the stock is currently neutral.
What is the buy/sell signal for AXTI stock?
The buy/sell signal for AXT INC (AXTI) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for AXT INC?
AXT INC (AXTI) has a support level at 47.26. Check the full technical report for our detailed analysis of AXTI support and resistance levels.