Alexco Resource Corp (AXU) Stock Technical Analysis
NYSEARCA:AXU - NYSE Arca - CA01535P1062 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to AXU. AXU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
97% of all other stocks performed better in the past year than AXU.
AXU is one of the lesser performing stocks in the Metals & Mining industry. 93% of 154 stocks in the same industry do better.
AXU is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month AXU has a been trading in the 0.42 - 0.54 range, which is quite wide. It is currently trading near the lows of this range.
AXU has an average volume of 1123320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
AXU has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for AXU 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
0.43
0.52
When analyzing the support we notice one important area.
- Support @0.43 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.46 to 0.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.51 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for AXU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AXU is down. |
| ChartMill Relative Strength | 3.85 | NEGATIVE | AXU has a low relative strength, it was outperformed by 96.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AXU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AXU is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AXU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.41 | NEUTRAL | The RSI value for AXU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AXU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.78 | OVERSOLD | The low Stochastics value suggests AXU may be oversold. |
| Average True Range in percent/ATR (20) | 6.81 | HIGH VOLATILITY | The high ATR as a percentage value for AXU suggests high volalility. |
| Average Directional Index/ADX (14) | 18.39 | NEGATIVE | The low ADX value for AXU 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)
NYSEARCA:AXU (9/6/2022, 8:04:00 PM)
0.4454
+0.02 (+4.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg4.55%
1 Week-5.23%
2 Weeks-4.97%
1 Month-16.44%
3 Month-52.08%
6 Month-76.68%
12 Month-73.17%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%6.81%
ATR Inc39.65%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.85
Mansfield-6.09
10 Day High0.5
10 Day Low0.42
20 Day High0.54
20 Day Low0.42
52 Week High2.19
52 Week Low0.36
CS1 End0.43
CR1 Start0.46
Volume & EV
DER(3)-2.16%
DER(5)4.38%
Volume534.50K
Volume Incr17.24%
Vol(5)671.56K
Vol(50)1.12M