AXON ENTERPRISE Technical Analysis (NASDAQ:AAXN)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The AXON ENTERPRISE stock price data and volume are plotted in AAXN stock charts and these trading charts form the basis of technical analysis.
See AXON ENTERPRISE bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for AXON ENTERPRISE stock analysis that does not care for the fair value of a company but uses price and volume data only.
AXON ENTERPRISE Moving Average
Moving averages show the AAXN stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for AXON ENTERPRISE are mostly signals of long term trends and will help long term traders.
AXON ENTERPRISE Bollinger Bands
Bollinger bands comprise of a center line usually AAXN SMA, and two AAXN stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $64.15 is in the lower range of AXON ENTERPRISE bollinger bands.
AXON ENTERPRISE Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The AXON ENTERPRISE MACD indicator can be used to identify bullish and bearish trends for the stock.
AXON ENTERPRISE Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 48.7 is the RSI value of AAXN stock.