AXOS FINL INC (BOFI) Stock Technical Analysis
NASDAQ:BOFI - Nasdaq - US05465C1009
Overall BOFI gets a technical rating of 1 out of 10. BOFI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month BOFI has a been trading in the 33.78 - 37.26 range, which is quite wide. It is currently trading near the lows of this range.
When compared to the yearly performance of all other stocks, BOFI outperforms 65% of them, which is more or less in line with the market.
BOFI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BOFI is lagging the market.
Although the technical rating is bad, BOFI does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
28.90
42.57
When analyzing the support we notice one important area.
- Support @29.19 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 37.61 to 37.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 38.72 to 39.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 41.76 to 42.15. This zone is formed by a combination of multiple trend lines 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 BOFI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BOFI is down. |
| ChartMill Relative Strength | 65.4 | NEUTRAL | BOFI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BOFI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BOFI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BOFI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.14 | NEUTRAL | The RSI value for BOFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests BOFI has a negative trend. |
| Stochastics (14,3) | 8.46 | OVERSOLD | The low Stochastics value suggests BOFI may be oversold. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for BOFI suggests some volalility. |
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)
34.39
+0.4 (+1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.18%
1 Week-3.99%
2 Weeks-6.19%
1 Month-6.12%
3 Month-15.94%
6 Month-15.15%
12 Month20.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%2.53%
ATR Inc9.55%
Range Today0.75
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
CRS65.4
Mansfield-1.04
10 Day High36.96
10 Day Low33.78
20 Day High37.26
20 Day Low33.78
52 Week High45.18
52 Week Low24.2
CS1 End29.19
CR1 Start37.61
Volume & EV
DER(3)-1.14%
DER(5)-1.34%
Volume698.10K
Volume Incr4.97%
Vol(5)478.84K
Vol(50)560.31K