Axis Capital Technical Analysis (NYSE:AXS)
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 AXS stock chart pattern can give those who understand technical analysis an indication of which way AXS stock is headed, but cannot predict with 100% certainty as to what can happen to the Axis Capital stock price.
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 Axis Capital. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Axis Capital stock analysis.
Axis Capital Moving Average
Moving averages show the average price of AXS stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Axis Capital are mostly signals of long term trends and will help long term traders.
Axis Capital Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Axis Capital. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Axis Capital bollinger bands show that the stock price is $57.51, upper band is 58.84, lower band is 56.63, and the average is 57.73.
Axis Capital Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Axis Capital MACD line is below the signal line.
Axis Capital Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of AXS stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.