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.
- When comparing the yearly performance of all stocks, we notice that AXTI is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, AXTI also shows a nice and consistent pattern of rising prices.
- AXTI is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 99% of 115 stocks in the same industry.
- AXTI is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so AXTI is leading the market.
- In the last month AXTI has a been trading in the 22.60 - 52.70 range, which is quite wide. It is currently trading near the high of this range.
- AXTI has an average volume of 8596150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AXTI Weekly and Daily overview Charts
AXTI Setup Rating and Analysis
Although AXTI 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
AXTI Support and Resistance Analysis
34.81
When analyzing the support we can see 3 important areas.
- A support zone ranging from 43.85 to 44.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @38.01 from a trend line in the daily time frame.
- Support @35.16 from a trend line in the daily time frame.
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) | 64.01 | NEUTRAL | The RSI value for AXTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests AXTI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.85 | NEUTRAL | The Stochastics value for AXTI is a neutral value. |
| Average True Range in percent/ATR (20) | 12.98 | HIGH VOLATILITY | The high ATR as a percentage value for AXTI suggests high volalility. |
| Average Directional Index/ADX (14) | 47 | 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
48.76
+4.4 (+9.92%)
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 AXT INC (AXTI) stock?
AXT INC (AXTI) has an RSI value of 64.01. 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 0.311957, indicating a bearish trend.
What is the short term momentum for AXTI stock?
The short term momentum for AXT INC (AXTI) is positive.