Question 1

What implications does the 10-day RSI indicator have for AXNX?

Accepted Answer

The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

Question 2

What does the Stochastic Oscillator suggest about AXNX's trend?

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 3

What does MACD indicator imply for AXNX?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for AXNX turned positive on August 16, 2024. Looking at past instances where AXNX's MACD turned positive, the stock continued to rise in 39 of 54 cases over the following month. The odds of a continued upward trend are 0%.

Question 4

What does a 3-day price advance indicate for AXNX?

Accepted Answer

Following a +0.32% 3-day Advance, the price is estimated to grow further. Considering data from situations where AXNX advanced for three days, in 237 of 314 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 5

What does AXNX breaking above its upper Bollinger Band indicate?

Accepted Answer

AXNX broke above its upper Bollinger Band on August 19, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 6

How does the Aroon Indicator reflect on AXNX's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 171 of 237 cases where AXNX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

AXNX Stock Axonics (AXNX, $67.69) price moved above its 50-day Moving Average on May 15, 2024

AXNX's MACD Histogram just turned positive

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