We assign a technical rating of 0 out of 10 to AXGT. AXGT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
AXGT 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
1.88
We found 1 important support area.
- A support zone ranging from 1.90 to 1.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @2.23 from a horizontal line in the daily time frame.
- Resistance @3.76 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for AXGT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AXGT is down. |
| ChartMill Relative Strength | 2.17 | NEGATIVE | AXGT has a low relative strength, it was outperformed by 97.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AXGT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AXGT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AXGT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.45 | NEUTRAL | The RSI value for AXGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests AXGT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.31 | OVERSOLD | The low Stochastics value suggests AXGT may be oversold. |
| Average True Range in percent/ATR (20) | 15.09 | HIGH VOLATILITY | The high ATR as a percentage value for AXGT suggests high volalility. |
2.1
-0.05 (-2.33%)
Axovant Sciences Ltd / AXGT FAQ
What is the ChartMill technical rating of Axovant Sciences Ltd (AXGT) stock?
ChartMill assigns a technical rating of 0 / 10 to AXGT.
Can you provide the trend direction for Axovant Sciences Ltd?
The current trend direction for Axovant Sciences Ltd (AXGT) is Bearish.
Can you provide the RSI signal for Axovant Sciences Ltd?
Axovant Sciences Ltd (AXGT) has an RSI value of 35.4482. This indicates that the stock is currently neutral.
What is the MACD signal for AXGT stock?
The MACD indicator for Axovant Sciences Ltd (AXGT) has a value of -0.0590633, indicating a bearish trend.
What is the support and resistance level for AXGT stock?
Axovant Sciences Ltd (AXGT) has a support level at 1.92 and a resistance level at 2.23. Check the full technical report for our detailed analysis of AXGT support and resistance levels.