(AXL) American Axle complete technical analysis [charts+indicators] | Buy/Sell American Axle | (AXL) share price targets
Complete technical analysis of American Axle (AXL) by charts plus indicators, forecast predictions and share price targets for American Axle (AXL)
American Axle trades in USA in Capital Goods sector.
10 day averaged volume of American Axle is 1272179
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 7.90 | 7.87 | 7.92 | 7.81 | 0.853 times |
| 15 Wed May 2024 | 7.90 | 7.97 | 7.97 | 7.80 | 0.684 times |
| 14 Tue May 2024 | 7.85 | 7.84 | 7.95 | 7.74 | 1.131 times |
| 13 Mon May 2024 | 7.67 | 7.68 | 7.78 | 7.65 | 0.835 times |
| 10 Fri May 2024 | 7.62 | 7.76 | 7.78 | 7.50 | 0.785 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.8, but if it comes below 7.8, then a intra day sell could be more profitable.
If you take a sell trade below 7.8, then use 7.8 as stoploss and 7.56 as target. However if you take a buy trade in stock , then use 7.8 as stoploss and 8 as target.
Share price targets for American Axle (AXL)
| Target Type | Value |
| Downside Target | 6.44 |
| Downside Target | 6.62 |
| Downside Target | 6.86 |
| Downside Target | 7.09 |
| Downside Target | 7.65 |
| Downside Target | 7.84 |
| Downside Target | 7.85 |
| Upside Target | 7.97 |
| Upside Target | 8.89 |
| Upside Target | 8.98 |
Intraday share price targets for American Axle (AXL)
| Target Type | Value |
| Downside Intraday Target | 7.71 |
| Downside Intraday Target | 7.52 |
| Upside Intraday Target | 8.03 |
| Upside Intraday Target | 8.16 |
| Downside Intraday Target | 7.84 |
Weekly technical analysis of American Axle (AXL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 7.90 | 7.68 | 7.97 | 7.65 | 0.713 times |
| 10 Fri May 2024 | 7.62 | 7.63 | 7.84 | 7.41 | 0.835 times |
| 03 Fri May 2024 | 7.49 | 7.53 | 7.85 | 7.27 | 1.147 times |
| 26 Fri Apr 2024 | 7.52 | 7.17 | 7.57 | 7.09 | 1.026 times |
| 19 Fri Apr 2024 | 7.08 | 7.10 | 7.16 | 6.86 | 1.18 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of American Axle (AXL)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 7.90 | 7.33 | 7.97 | 7.27 | 0.561 times |
| 30 Tue Apr 2024 | 7.34 | 7.36 | 7.65 | 6.86 | 0.417 times |
| 28 Thu Mar 2024 | 7.36 | 6.92 | 7.54 | 6.44 | 1.899 times |
| 29 Thu Feb 2024 | 6.92 | 8.20 | 8.98 | 6.62 | 1.709 times |
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of American Axle (AXL)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 21, 21, 0 | Sell |
| MACD | 0, 0 | Buy |
| Stochastics | 88 | Buy |
| CCI | 110 | Sell |
| RSI | 51 | Buy |
| OBV | 9753453 | Sell |
| VWAP | 8 | Buy |
| ADL | 0 | Sell |
| ROC | 8 | Buy |
| Force Index | 0 | Sell |
Price action analysis of American Axle ( (AXL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of American Axle ( (AXL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of American Axle ( (AXL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of American Axle ( (AXL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for American Axle stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for American Axle in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
American Axle Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for American Axle in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of American Axle is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.7 and American Axle (AXL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the American Axle (AXL) stock. Volume based technical analysis of American Axle (AXL) stock is negative.
American Axle Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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