AXCELIS TECHNOLOGIES INC. - Daily - Technical analysis published on 09/06/2019 (GMT)
- Who voted?
- 210
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Neutral
Technical indicators
89%
0%
11%
My opinion
Bullish above 14.87 USD
My targets
16.32 USD (+1.24%)
17.93 USD (+11.23%)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for AXCELIS TECHNOLOGIES INC. as long as the price remains well above 14.87 USD. The buyers” bullish objective is set at 16.32 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 17.93 USD. If there is any crossing, the next objective would be the resistance located at 19.57 USD.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AXCELIS TECHNOLOGIES INC. rating is 16.12 USD. The price has increased by +2.61% since the last closing and was traded between 15.91 USD and 16.78 USD over the period. The price is currently at +1.32% from its lowest and -3.93% from its highest.15.91
16.78
16.12
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this Daily chart of AXCELIS TECHNOLOGIES INC. indicates that the overall trend is not clearly defined. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
In fact, 16 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Aroon indicator bullish trend
Type : Bullish
Timeframe : Daily
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 11.25 | 14.08 | 14.87 | 16.12 | 16.32 | 17.93 | 19.57 |
| Change (%) | -30.21% | -12.66% | -7.75% | - | +1.24% | +11.23% | +21.40% |
| Change | -4.87 | -2.04 | -1.25 | - | +0.20 | +1.81 | +3.45 |
| Level | Minor | Minor | Major | - | Intermediate | Minor | Intermediate |
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 | 14.82 | 15.02 | 15.37 | 15.57 | 15.92 | 16.12 | 16.47 |
| Camarilla | 15.56 | 15.61 | 15.66 | 15.71 | 15.76 | 15.81 | 15.86 |
| Woodie | 14.89 | 15.06 | 15.44 | 15.61 | 15.99 | 16.16 | 16.54 |
| Fibonacci | 15.02 | 15.23 | 15.36 | 15.57 | 15.78 | 15.91 | 16.12 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.82 | 14.18 | 14.74 | 15.10 | 15.66 | 16.02 | 16.58 |
| Camarilla | 15.06 | 15.14 | 15.23 | 15.31 | 15.39 | 15.48 | 15.56 |
| Woodie | 13.93 | 14.23 | 14.85 | 15.15 | 15.77 | 16.07 | 16.69 |
| Fibonacci | 14.18 | 14.53 | 14.75 | 15.10 | 15.45 | 15.67 | 16.02 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.30 | 13.42 | 14.36 | 15.48 | 16.42 | 17.54 | 18.48 |
| Camarilla | 14.74 | 14.93 | 15.12 | 15.31 | 15.50 | 15.69 | 15.88 |
| Woodie | 12.22 | 13.38 | 14.28 | 15.44 | 16.34 | 17.50 | 18.40 |
| Fibonacci | 13.42 | 14.20 | 14.69 | 15.48 | 16.26 | 16.75 | 17.54 |
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): | 61.73 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | 21.46 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 15.27 | |
| Parabolic SAR (0,02-0,02-0,2): | 14.56 | |
| Elder Ray (13): | 1.05 | |
| Super Trend (3,10): | 16.12 | |
| Zig ZAG (10): | 16.12 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 70.36 | |
| TEMA (21): | 15.39 | |
| Williams %R (14): | -29.33 | |
| Chande Momentum Oscillator (20): | 0.95 | |
| Repulse (5,40,3): | 1.1300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 3.48 |
| MA7: | 15.25 | |
| MA20: | 15.14 | |
| MA50: | 15.28 | |
| MA100: | 16.37 | |
| MAexp7: | 15.44 | |
| MAexp20: | 15.26 | |
| MAexp50: | 15.47 | |
| MAexp100: | 16.26 | |
| Price / MA7: | +5.70% | |
| Price / MA20: | +6.47% | |
| Price / MA50: | +5.50% | |
| Price / MA100: | -1.53% | |
| Price / MAexp7: | +4.40% | |
| Price / MAexp20: | +5.64% | |
| Price / MAexp50: | +4.20% | |
| Price / MAexp100: | -0.86% |
News
The latest news and videos published on AXCELIS TECHNOLOGIES INC. at the time of the analysis were as follows:
- Axcelis Announces Participation In D.A. Davidson Fast Connections 18th Annual Technology Conference
- Axcelis Appoints Jorge Titinger To Its Board Of Directors
- Axcelis Announces Financial Results For Second Quarter 2019
- Axcelis To Host Company Sponsored Investor Day
- Axcelis To Participate In The Eleventh Annual CEO Investor Summit 2019
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis AXCELIS TECHNOLOGIES INC. - Daily