NASDAQ:AAXJ - Nasdaq - US4642881829 - ETF - Currency: USD
We assign a technical rating of 3 out of 10 to AAXJ. AAXJ 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.
Although the technical rating is bad, AAXJ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 73.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 71.46, a Stop Loss order could be placed below this zone.
68.20
We found 1 important support area.
3 important resistance areas can be observed.
73.12
-0.23 (-0.31%)