AMERICAN AXLE & MFG HOLDINGS (AXL) Stock Technical Analysis
NYSE:AXL - New York Stock Exchange, Inc. - US0240611030 - Common Stock - Currency: USD
Taking everything into account, AXL scores 1 out of 10 in our technical rating. AXL'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, AXL is a bad performer in the overall market: 84% of all stocks are doing better.
AXL is part of the Automobile Components industry. There are 83 other stocks in this industry, of which 82% are performing better than AXL.
In the last month AXL has a been trading in the 4.70 - 5.98 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
AXL has an average volume of 2118430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
AXL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AXL is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of AXL 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
5.54
6.60
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 5.89 to 5.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.10 from a trend line in the weekly time frame.
- A resistance zone ranging from 6.25 to 6.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.53 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.46
Mansfield-2.1
10 Day High5.98
10 Day Low4.7
20 Day High5.98
20 Day Low4.7
52 Week High7.98
52 Week Low4.7
Performance
1 Week17.89%
2 Weeks9.38%
1 Month-2.1%
3 Month-14.11%
6 Month-14.24%
12 Month-21.02%
2 Year-36.36%
3 Year-39.52%
5 Year-11.53%
10 Year-77.53%
15 Year-42.92%
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)
Technical Indicators
MACD(12,26,9)0.11
RSI(14)53.23
LBB4.42
UBB5.98
5.6
-0.28 (-4.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-4.76%
1 Week17.89%
2 Weeks9.38%
1 Month-2.1%
3 Month-14.11%
6 Month-14.24%
12 Month-21.02%
2 Year-36.36%
3 Year-39.52%
5 Year-11.53%
10 Year-77.53%
15 Year-42.92%
Volatility
ATR(14)0.29
ATR(20)%5.09%
ATR Inc6.77%
Range Today0.38
ADR(20)0.24
ADR(20)%4.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.46
Mansfield-2.1
10 Day High5.98
10 Day Low4.7
20 Day High5.98
20 Day Low4.7
52 Week High7.98
52 Week Low4.7
CS1 EndN/A
CR1 Start5.89
Volume & EV
DER(3)-0.14%
DER(5)-0.66%
Volume1.63M
Volume Incr76.67%
Vol(5)4.03M
Vol(50)2.12M