GAXOS.AI INC (GXAI) Technical Analysis
NASDAQ:GXAI • US62911P3001
Current stock price
GXAI Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to GXAI. GXAI 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- GXAI 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 GXAI is lagging the market.
- In the last month GXAI has a been trading in the 1.13 - 2.43 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- GXAI has an average volume of 14349900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, GXAI outperforms 47% of them, which is more or less in line with the market.
- GXAI is part of the Entertainment industry. There are 79 other stocks in this industry, GXAI did better than 64% of them.
- Considerably lower volume is observed in the last couple of days.
GXAI Weekly and Daily overview Charts
GXAI Setup Rating and Analysis
GXAI has a poor technical rating and the quality of the setup is also only medium 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
GXAI Support and Resistance Analysis
1.02
When analyzing the support we notice one important area.
- A support zone ranging from 1.03 to 1.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 1.27 to 1.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.50 from a trend line in the weekly time frame.
- Resistance @1.55 from a trend line in the weekly time frame.
- Resistance @1.65 from a trend line in the daily time frame.
- Resistance @2.03 from a horizontal line in the daily time frame.
GXAI 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 GXAI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GXAI is down. |
| ChartMill Relative Strength | 47.74 | NEUTRAL | GXAI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GXAI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GXAI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GXAI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.32 | NEUTRAL | The RSI value for GXAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests GXAI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.23 | OVERSOLD | The low Stochastics value suggests GXAI may be oversold. |
| Average True Range in percent/ATR (20) | 15.43 | HIGH VOLATILITY | The high ATR as a percentage value for GXAI suggests high volalility. |
| Average Directional Index/ADX (14) | 36.75 | POSITIVE | The high ADX value value for GXAI suggests a strong trend. |
GXAI Chart- and CandleStick Pattern Analysis
GXAI Technicals: Chart, Performance Metrics, Trend & Indicators
1.21
+0.08 (+7.08%)
GAXOS.AI INC / GXAI TA FAQ
What is the ChartMill technical rating of GAXOS.AI INC (GXAI) stock?
ChartMill assigns a technical rating of 2 / 10 to GXAI.
Can you provide the trend direction for GAXOS.AI INC?
The current trend direction for GAXOS.AI INC (GXAI) is Bearish.
What is the RSI signal for GXAI stock?
GAXOS.AI INC (GXAI) has an RSI value of 45.3241. This indicates that the stock is currently neutral.
What is the short term momentum for GXAI stock?
The short term momentum for GAXOS.AI INC (GXAI) is negative.
What is the support and resistance level for GXAI stock?
GAXOS.AI INC (GXAI) has a support level at 1.06 and a resistance level at 1.27. Check the full technical report for our detailed analysis of GXAI support and resistance levels.