(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.
Showing technical analysis as on 2024-10-02 View latest technical analysis
10 day averaged volume of American Axle is 1845110
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Wed Oct 2024 | 6.25 | 6.04 | 6.25 | 6.04 | 0.635 times |
| 01 Tue Oct 2024 | 6.08 | 6.14 | 6.17 | 6.03 | 0.942 times |
| 30 Mon Sep 2024 | 6.18 | 6.17 | 6.25 | 6.10 | 0.924 times |
| 27 Fri Sep 2024 | 6.38 | 6.29 | 6.62 | 6.25 | 1.525 times |
| 26 Thu Sep 2024 | 6.18 | 6.22 | 6.35 | 6.18 | 0.994 times |
| 25 Wed Sep 2024 | 6.10 | 6.06 | 6.15 | 6.01 | 0.754 times |
| 24 Tue Sep 2024 | 6.12 | 6.16 | 6.21 | 6.11 | 0.744 times |
| 23 Mon Sep 2024 | 6.08 | 6.14 | 6.15 | 6.05 | 0.621 times |
| 20 Fri Sep 2024 | 6.10 | 6.19 | 6.23 | 6.08 | 2.078 times |
| 19 Thu Sep 2024 | 6.28 | 6.30 | 6.32 | 6.21 | 0.543 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6.2, but if it comes below 6.2, then a intra day sell could be more profitable.
If you take a sell trade below 6.2, then use 6.2 as stoploss and 6.02 as target. However if you take a buy trade in stock , then use 6.2 as stoploss and 6.5 as target.
Share price targets for American Axle (AXL)
| Target Type | Value |
| Downside Target | 5.43 |
| Downside Target | 5.77 |
| Downside Target | 6.25 |
| Upside Target | 6.41 |
| Upside Target | 6.62 |
| Upside Target | 6.75 |
| Upside Target | 7.44 |
| Upside Target | 7.65 |
| Upside Target | 7.76 |
Intraday share price targets for American Axle (AXL)
| Target Type | Value |
| Downside Intraday Target | 6.1 |
| Downside Intraday Target | 5.96 |
| Upside Intraday Target | 6.32 |
| Upside Intraday Target | 6.4 |
| Downside Intraday Target | 6.18 |
Weekly technical analysis of American Axle (AXL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Wed Oct 2024 | 6.25 | 6.17 | 6.25 | 6.03 | 0.539 times |
| 27 Fri Sep 2024 | 6.38 | 6.14 | 6.62 | 6.01 | 0.965 times |
| 20 Fri Sep 2024 | 6.10 | 5.89 | 6.34 | 5.77 | 1.014 times |
| 13 Fri Sep 2024 | 5.83 | 5.90 | 5.95 | 5.43 | 1.217 times |
| 06 Fri Sep 2024 | 5.90 | 6.33 | 6.41 | 5.85 | 7.201 times |
Price has moved down 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 |
| 02 Wed Oct 2024 | 6.25 | 6.14 | 6.25 | 6.03 | 0.083 times |
| 30 Mon Sep 2024 | 6.18 | 6.33 | 6.62 | 5.43 | 1.062 times |
| 30 Fri Aug 2024 | 6.43 | 7.42 | 7.44 | 5.99 | 1.187 times |
| 31 Wed Jul 2024 | 7.43 | 7.04 | 7.65 | 6.62 | 1.006 times |
Scroll below to view daily charts
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)
Price action analysis of American Axle ( (AXL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of American Axle ( (AXL) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for American Axle stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for American Axle in short term but the buy signal is initial and weak.
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 LOWS in short term which reflects strong selling momentum. Bears 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 moving up
CCI has generated a buy signal for American Axle in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 6.18 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of American Axle ( (AXL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of American Axle ( (AXL) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for American Axle stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for American Axle in short term but the buy signal is initial and weak.
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 LOWS in short term which reflects strong selling momentum. Bears 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 moving up
CCI has generated a buy signal for American Axle in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 6.18 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.