Is Axis Capital Holdings Limited ($AXS) Set To Blow Up? (2019-10-17)

REPORTING FOR 2019-10-17 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how AXS has been trading over the last 2 weeks and the past day especially. On its latest session, Axis Capital Holdings Limited ($AXS) opened at 62.65, reaching a high of 63.415 and a low of 62.07 before closing at a price of 63.15. There was a total volume of 787526.

VOLUME INDICATORS FOR AXIS CAPITAL HOLDINGS LIMITED ($AXS): We saw an accumulation-distribution index of 237.80085, an on-balance volume of -62.72, chaikin money flow of 2.51634 and a force index of 0.5768. There was an ease of movement rating of 0.00608, a volume-price trend of 0.12572 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR AXIS CAPITAL HOLDINGS LIMITED ($AXS): We noted an average true range of 0.61398, bolinger bands of 62.14835, an upper bollinger band of 61.90595, lower bollinger band of 62.07, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 62.71167, high band keltner channel of 61.94667, low band keltner channel of 63.47667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 62.07, a donchian channel low band of 62.07, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR AXIS CAPITAL HOLDINGS LIMITED ($AXS): We calculated a Moving Average Convergence Divergence (MACD) of -0.00192, a MACD signal of -0.00107, a MACD difference of -0.00085, a fast Exponential Moving Average (EMA) indicator of 62.07, a slow Exponential Moving Average (EMA) indicator of 62.07, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.55186, a trix of -0.71934, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -0.14599, a KST Oscillator (KST) of 2.3575 and a KST Oscillator (KST Signal) of 2.3575 (leaving a KST difference of -0.34599). We also found an Ichimoku rating of 63.0325, an Ichimoku B rating of 63.0325, a Ichimoku visual trend A of 62.84565, an Ichimoku visual trend B of 63.58429, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR AXIS CAPITAL HOLDINGS LIMITED ($AXS): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 20.10865, a stochastic oscillator of 175.81699, a stochastic oscillator signal of 175.81699, a Williams %R rating of 75.81699 and an awesome oscillator of -0.04742.

RETURNS FOR AXIS CAPITAL HOLDINGS LIMITED ($AXS): There was a daily return of 0.23575, a daily log return of -0.13817 and a cumulative return of -0.13807.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-17 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Axis Capital Holdings Limited ($AXS)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Axis Capital Holdings Limited ($AXS) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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