GAXOS.AI INC (GXAI) Stock Technical Analysis
NASDAQ:GXAI - Nasdaq - US62911P3001 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to GXAI. GXAI'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.
When comparing the yearly performance of all stocks, GXAI is a bad performer in the overall market: 91% of all stocks are doing better.
GXAI is one of the lesser performing stocks in the Entertainment industry. 76% of 72 stocks in the same industry do better.
GXAI 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 GXAI has a been trading in the 1.20 - 1.65 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of GXAI is bad and it also does not present a quality setup 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
1.09
1.50
We found 2 important support areas.
- Support @1.23 from a horizontal line in the daily time frame.
- Support @1.10 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @1.44 from a trend line in the daily time frame.
- Resistance @1.49 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for GXAI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GXAI is down. |
| ChartMill Relative Strength | 9.93 | NEGATIVE | GXAI has a low relative strength, it was outperformed by 90.07% off all stocks 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) | 41.32 | NEUTRAL | The RSI value for GXAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GXAI has a negative trend. |
| Stochastics (14,3) | 6.51 | OVERSOLD | The low Stochastics value suggests GXAI may be oversold. |
| Average True Range in percent/ATR (20) | 7.67 | HIGH VOLATILITY | The high ATR as a percentage value for GXAI suggests high volalility. |
| Average Directional Index/ADX (14) | 25.72 | POSITIVE | The high ADX value value for GXAI suggests a strong 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)
1.24
-0.01 (-0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.8%
1 Week-21.02%
2 Weeks-8.82%
1 Month-12.68%
3 Month10.71%
6 Month-43.12%
12 Month-46.78%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%7.67%
ATR Inc-40.35%
Range Today0.07
ADR(20)0.09
ADR(20)%7.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.93
Mansfield-3.37
10 Day High1.65
10 Day Low1.2
20 Day High1.65
20 Day Low1.2
52 Week High7.5
52 Week Low1
CS1 End1.23
CR1 Start1.44
Volume & EV
DER(3)-5.62%
DER(5)-11.21%
Volume202.10K
Volume Incr53.96%
Vol(5)204.00K
Vol(50)135.95K