AXTI NEWS why is Axt Inc price falling or rising

AXTI NEWS reasons for why stock price of Axt Inc is falling or rising

AXTI Axt Inc is falling or rising technical reasons

Technical analysis forecast for Axt Inc Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Axt Inc AXTI at this time. Stock is falling and might fall more.

It appears as if Axt Inc AXTI gave a large move recently.

Stock of Axt Inc (AXTI) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Axt Inc is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Axt Inc stays below 2.4, but if it comes above 2.4, then a intra day buy could be more profitable.
If you take a sell trade below 2.4, then use 2.4 as stoploss and 1.8 as target. However if you take a buy trade in Axt Inc, then use 2.4 as stoploss and 2.91 as target.

AXTI Axt Inc is falling or rising NEWS fundamental reasons

More announcements and NEWS

AXTI Axt Inc current price & indicator signals

Moving Averages for Axt Inc

  • 5Day Average: 2.4
  • 12Day Average: 2.79
  • 20Day Average: 3.05
  • 50Day Average: 3.38
  • 100Day Average: 3.48
  • 150Day Average: 3.46
  • 200Day Average: 3.16

AXTI Indicators & signals

Indicator MACD (12,26,9)

2.69, 3.01, -0.23
Indicator MACD is in negative zone

Indicator ADX (14)

6.67, 28, 32
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 45
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of AXTI Axt Inc are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
13 Tue Aug 2024 2.39 2.32 to 2.46 0.84% 0.71 times
12 Mon Aug 2024 2.37 2.30 to 2.47 -2.47% 0.66 times
09 Fri Aug 2024 2.43 2.40 to 2.52 -2.41% 0.43 times
08 Thu Aug 2024 2.49 2.34 to 2.59 7.33% 0.54 times
07 Wed Aug 2024 2.32 2.32 to 2.57 -4.53% 0.7 times
06 Tue Aug 2024 2.43 2.36 to 2.52 2.53% 0.69 times
05 Mon Aug 2024 2.37 2.35 to 2.53 -11.57% 1.43 times
02 Fri Aug 2024 2.68 2.68 to 3.16 -18.54% 2.42 times
01 Thu Aug 2024 3.29 3.25 to 3.54 -9.62% 1.57 times
31 Wed Jul 2024 3.64 3.38 to 3.77 5.51% 0.77 times
30 Tue Jul 2024 3.45 3.39 to 3.62 -3.09% 0.77 times
29 Mon Jul 2024 3.56 3.26 to 3.71 9.54% 1.08 times

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AXTI NEWS why is Axt Inc price falling or rising

 

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