American Axle & Manufacturing Technical Analysis (NYSE:AXL)
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 American Axle & Manufacturing stock price data and volume are plotted in AXL stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for American Axle & Manufacturing. Technical analysis uses an approach for American Axle & Manufacturing stock analysis that does not care for the fair value of a company but uses price and volume data only.
American Axle & Manufacturing Moving Average
Moving averages show the AXL 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 20 day moving average of $16.4 is below the last closing price of $16.69 and the 50 day moving average of $16.54 is below the last closing price of $16.69. The 10 and 20 day periods can predict short term moving average trends.
American Axle & Manufacturing Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like American Axle & Manufacturing. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. American Axle & Manufacturing bollinger bands show that the stock price is $16.69, upper band is 17.23, lower band is 15.51, and the average is 16.37.
American Axle & Manufacturing 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 American Axle & Manufacturing MACD indicator can be used to identify bullish and bearish trends for the stock.
American Axle & Manufacturing 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 . If the RSI of AXL stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.