AXON ENTERPRISE INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	AXON
ISIN:

AXON ENTERPRISE INC. - Weekly - Technical analysis published on 08/08/2024 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 326.93 USD

My targets

361.86 USD (+3.61%)

My analysis

AXON ENTERPRISE INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 326.93 USD. The next resistance located at 361.86 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.2

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by pitiantuta. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AXON ENTERPRISE INC. price is 349.24 USD. Over 5 days, this instrument gained +16.56% and has been traded over the last 5 days between 279.02 USD and 367.95 USD. This implies that the 5 day price is +25.17% from its lowest point and -5.08% from its highest point.

279.02

367.95

349.24

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of this Weekly chart of AXON ENTERPRISE INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Weekly

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Weekly

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Weekly

Aroon indicator bullish trend

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Resistance of channel is broken

Type : Bullish

Timeframe : Weekly

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:

Bullish engulfing lines

Type : Bullish

Timeframe : Weekly

Long white line

Type : Bullish

Timeframe : Weekly

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	203.51	276.22	326.93	349.24
Change (%)	-41.73%	-20.91%	-6.39%	-
Change	-145.73	-73.02	-22.31	-
Level	Major	Major	Major	-

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	282.04	302.97	326.10	347.03	370.16	391.09	414.22
Camarilla	337.12	341.16	345.20	349.24	353.28	357.32	361.36
Woodie	283.15	303.52	327.21	347.58	371.27	391.64	415.33
Fibonacci	302.97	319.80	330.20	347.03	363.86	374.26	391.09

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	254.33	270.73	281.55	297.95	308.77	325.17	335.99
Camarilla	284.88	287.37	289.87	292.36	294.86	297.35	299.85
Woodie	251.53	269.34	278.75	296.56	305.97	323.78	333.19
Fibonacci	270.73	281.13	287.56	297.95	308.35	314.78	325.17

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	242.43	264.47	282.24	304.28	322.05	344.09	361.86
Camarilla	289.06	292.71	296.36	300.01	303.66	307.31	310.96
Woodie	240.30	263.40	280.11	303.21	319.92	343.02	359.73
Fibonacci	264.47	279.68	289.07	304.28	319.49	328.88	344.09

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	68.87
MACD (12,26,9):	12.0600
Directional Movement:	23.10
AROON (14):	64.29
DEMA (21):	314.92
Parabolic SAR (0,02-0,02-0,2):	276.63
Elder Ray (13):	19.32
Super Trend (3,10):	269.80
Zig ZAG (10):	349.24
VORTEX (21):	0.9400
Stochastique (14,3,5):	60.22
TEMA (21):	312.56
Williams %R (14):	-19.81
Chande Momentum Oscillator (20):	60.45
Repulse (5,40,3):	16.8000
ROCnROLL:	1
TRIX (15,9):	0.5700
Courbe Coppock:	2.02

MA7:	303.87
MA20:	307.54
MA50:	297.09
MA100:	301.61
MAexp7:	311.13
MAexp20:	298.34
MAexp50:	271.08
MAexp100:	235.39
Price / MA7:	+14.93%
Price / MA20:	+13.56%
Price / MA50:	+17.55%
Price / MA100:	+15.79%
Price / MAexp7:	+12.25%
Price / MAexp20:	+17.06%
Price / MAexp50:	+28.83%
Price / MAexp100:	+48.37%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on AXON ENTERPRISE INC. at the time of the analysis were as follows:

Investor Network: Axon Enterprise Inc to Host Earnings Call

This member declared not having a position on this financial instrument or a related financial instrument.

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