ALDERON IRON ORE CORP (AXX) Technical Analysis
NYSEARCA:AXX • CA01434T1003
Current stock price
AXX Technical Rating and Analysis
Overall AXX gets a technical rating of 0 out of 10. AXX'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 94% of all other stocks performed better in the past year than AXX.
- AXX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so AXX is lagging the market.
- Warning: AXX has an average volume of 15304 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month AXX has a been trading in the 0.12 - 0.15 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Considerably lower volume is observed in the last couple of days.
AXX Weekly and Daily overview Charts
AXX Setup Rating and Analysis
AXX has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
AXX Support and Resistance Analysis
0.13
When analyzing the support we notice one important area.
- Support @0.13 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
AXX 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 | DOWN | NEGATIVE | The long term trend for AXX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AXX is down. |
| ChartMill Relative Strength | 6.9 | NEGATIVE | AXX has a low relative strength, it was outperformed by 93.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AXX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AXX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AXX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.79 | NEUTRAL | The RSI value for AXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AXX has a positive trend. |
| Stochastics (14,3) | 55.56 | NEUTRAL | The Stochastics value for AXX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for AXX suggests some volalility. |
AXX Chart- and CandleStick Pattern Analysis
AXX Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:AXX (10/23/2015, 5:32:09 PM)
0.14
0 (0%)
ALDERON IRON ORE CORP / AXX TA FAQ
What is the ChartMill technical rating of ALDERON IRON ORE CORP (AXX) stock?
ChartMill assigns a technical rating of 0 / 10 to AXX.
What is the current trend direction of ALDERON IRON ORE CORP (AXX) stock?
The current trend direction for ALDERON IRON ORE CORP (AXX) is Bearish.
Can you provide the RSI signal for ALDERON IRON ORE CORP?
ALDERON IRON ORE CORP (AXX) has an RSI value of 47.7909. This indicates that the stock is currently neutral.
What is the MACD signal for AXX stock?
The MACD indicator for ALDERON IRON ORE CORP (AXX) has a value of 0.000182761, indicating a bearish trend.
What is the short term momentum for ALDERON IRON ORE CORP (AXX) stock?
The short term momentum for ALDERON IRON ORE CORP (AXX) is negative.