USA - NASDAQ:AXTI - US00246W1036 - Common Stock
We assign a technical rating of 9 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.
Although AXTI has an excellent technical rating, it does not present a decent entry opportunity 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.
4.49
When analyzing the support we notice one important area.
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 | 97.5 | POSITIVE | AXTI has a high relative strength, it outperformed 97.5% 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) | 66.56 | NEUTRAL | The RSI value for AXTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests AXTI has a positive trend. |
| Stochastics (14,3) | 74.55 | NEUTRAL | The Stochastics value for AXTI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.53 | HIGH VOLATILITY | The high ATR as a percentage value for AXTI suggests high volalility. |
| Average Directional Index/ADX (14) | 32.43 | POSITIVE | The high ADX value value for AXTI suggests a strong trend. |
6.06
+0.88 (+16.99%)
ChartMill assigns a technical rating of 9 / 10 to AXTI.
The current trend direction for AXT INC (AXTI) is Bullish.
AXT INC (AXTI) has an RSI value of 66.5601. This indicates that the stock is currently neutral.
The short term momentum for AXT INC (AXTI) is positive.
AXT INC (AXTI) has a support level at 4.54. Check the full technical report for our detailed analysis of AXTI support and resistance levels.