AXIS CAPITAL HOLDINGS LTD (AXS)

BMG0692U1099 - Common Stock

90.03  +2.42 (+2.76%)

After market: 90.03 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, AXS scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AXS has proven to be a steady performer, scoring decent points in every aspect analyzed.

In the last month AXS has a been trading in the 86.62 - 94.89 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, AXS did better than 91% of all other stocks. We also observe that the gains produced by AXS over the past year are nicely spread over this period.
AXS is one of the better performing stocks in the Insurance industry, it outperforms 90% of 141 stocks in the same industry.
AXS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AXS is performing more or less in line with the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
AXS Weekly chart
AXS Daily chart
Setup Rating and Analysis

6

AXS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 93.04. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

69.11

94.99

We found 3 important support areas.

  • A support zone ranging from 83.00 to 83.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 78.26 to 79.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 69.81 to 70.30. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 93.04 to 94.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.89
Mansfield1.51
10 Day High94.89
10 Day Low86.62
20 Day High94.89
20 Day Low86.62
52 Week High94.89
52 Week Low53.88
Performance
1 Week-1.9%
2 Weeks-3.02%
1 Month2.18%
3 Month15.56%
6 Month26.68%
12 Month64.8%
2 Year66.2%
3 Year65.28%
5 Year51.46%
10 Year76.22%
15 Year216.9%
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)-0.71
RSI(14)52.29
LBB87.39
UBB95
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
90.3486.613.73 (4.13%)24.24%
An entry @90.34. This is a Buy Stop order right above the 10 day moving average.An exit @86.61. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 3.73 points, which is 4.13%.For a 1.00% total portfolio risk, you can invest 24.24% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AXS Daily chart

AXIS CAPITAL HOLDINGS LTD

NYSE:AXS (12/20/2024, 8:04:00 PM)

After market: 90.03 0 (0%)

90.03

+2.42 (+2.76%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg2.76%
1 Week-1.9%
2 Weeks-3.02%
1 Month2.18%
3 Month15.56%
6 Month26.68%
12 Month64.8%
2 Year66.2%
3 Year65.28%
5 Year51.46%
10 Year76.22%
15 Year216.9%
Volatility
ATR(14)2.32
ATR(20)%2.48%
ATR Inc57.83%
Range Today4.03
ADR(20)2.14
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.89
Mansfield1.51
10 Day High94.89
10 Day Low86.62
20 Day High94.89
20 Day Low86.62
52 Week High94.89
52 Week Low53.88
CS1 End83.81
CR1 Start93.04
Volume & EV
DER(3)-1.32%
DER(5)-0.89%
Volume1.12M
Volume Incr53.58%
Vol(5)837.14K
Vol(50)543.16K