AXON ENTERPRISE INC. - Daily - Technical analysis published on 07/18/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Neutral
Technical indicators
50%
17%
33%
My opinion
Bearish under 68.40 USD
My targets
59.92 USD (-7.67%)
56.09 USD (-13.57%)
My analysis
The strong short-term decrease of AXON ENTERPRISE INC. should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 68.40 USD, a sale could be considered. The first bearish objective is located at 59.92 USD. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 56.09 USD. If there is any crossing, the next objective would be support 46.88 USD. Caution, if there is a return to above 68.40 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AXON ENTERPRISE INC. price is 64.90 USD. The price registered an increase of +0.12% on the session and was traded between 64.71 USD and 64.90 USD over the period. The price is currently at +0.29% from its lowest and 0% from its highest.64.71
64.90
64.90
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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on AXON ENTERPRISE INC. were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in Daily of this AXON ENTERPRISE INC. chart shows a neutral trend. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is slight given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 46.88 | 56.09 | 59.92 | 64.90 | 68.40 | 74.89 |
| Change (%) | -27.77% | -13.57% | -7.67% | - | +5.39% | +15.39% |
| Change | -18.02 | -8.81 | -4.98 | - | +3.50 | +9.99 |
| Level | Intermediate | Minor | Major | - | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 61.88 | 62.36 | 63.13 | 63.60 | 64.38 | 64.85 | 65.62 |
| Camarilla | 63.56 | 63.67 | 63.79 | 63.90 | 64.01 | 64.13 | 64.24 |
| Woodie | 62.03 | 62.43 | 63.28 | 63.68 | 64.52 | 64.92 | 65.77 |
| Fibonacci | 62.36 | 62.83 | 63.13 | 63.60 | 64.08 | 64.37 | 64.85 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 59.53 | 60.61 | 62.56 | 63.64 | 65.59 | 66.67 | 68.62 |
| Camarilla | 63.67 | 63.95 | 64.22 | 64.50 | 64.78 | 65.06 | 65.33 |
| Woodie | 59.96 | 60.83 | 62.99 | 63.86 | 66.02 | 66.89 | 69.05 |
| Fibonacci | 60.61 | 61.77 | 62.49 | 63.64 | 64.80 | 65.52 | 66.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49.70 | 56.89 | 60.55 | 67.74 | 71.40 | 78.59 | 82.25 |
| Camarilla | 61.23 | 62.22 | 63.22 | 64.21 | 65.21 | 66.20 | 67.19 |
| Woodie | 47.94 | 56.01 | 58.79 | 66.86 | 69.64 | 77.71 | 80.49 |
| Fibonacci | 56.89 | 61.04 | 63.60 | 67.74 | 71.89 | 74.45 | 78.59 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 46.99 | |
| MACD (12,26,9): | -1.0900 | |
| Directional Movement: | -11.63 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 63.97 | |
| Parabolic SAR (0,02-0,02-0,2): | 65.74 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 69.15 | |
| Zig ZAG (10): | 64.82 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 34.26 | |
| TEMA (21): | 62.68 | |
| Williams %R (14): | -45.45 | |
| Chande Momentum Oscillator (20): | 0.61 | |
| Repulse (5,40,3): | 1.3700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.2300 | |
| Courbe Coppock: | 14.33 |
| MA7: | 63.74 | |
| MA20: | 66.08 | |
| MA50: | 67.05 | |
| MA100: | 61.71 | |
| MAexp7: | 64.11 | |
| MAexp20: | 65.26 | |
| MAexp50: | 65.29 | |
| MAexp100: | 62.81 | |
| Price / MA7: | +1.82% | |
| Price / MA20: | -1.79% | |
| Price / MA50: | -3.21% | |
| Price / MA100: | +5.17% | |
| Price / MAexp7: | +1.23% | |
| Price / MAexp20: | -0.55% | |
| Price / MAexp50: | -0.60% | |
| Price / MAexp100: | +3.33% |
News
The last news published on AXON ENTERPRISE INC. at the time of the generation of this analysis was as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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