Londinia Opportunities Analyses - 06/07/2023 (GMT) AXOS FINANCIAL INC. - 1H

- USD (-)

- 15 min delayed data - NYSE Stocks

Type:	Stocks
Ticker:	AX
ISIN:

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 42.61 USD

My targets

44.65 USD (+3.00%)

46.36 USD (+6.95%)

My analysis

The bullish trend is currently very strong on AXOS FINANCIAL INC.. As long as the price remains above the support at 42.61 USD, you could try to benefit from the boom. The first bullish objective is located at 44.65 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 46.36 USD as an objective. Crossing it would then enable buyers to target 48.52 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.2

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Additional analysis

Quotes

AXOS FINANCIAL INC. rating 43.35 USD. On the day, this instrument gained +3.14% and was between 41.15 USD and 43.50 USD. This implies that the price is at +5.35% from its lowest and at -0.34% from its highest.

41.15

43.50

43.35

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of AXOS FINANCIAL INC. in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	40.67	41.56	42.61	43.35	44.65	48.52	51.14
Change (%)	-6.18%	-4.13%	-1.71%	-	+3.00%	+11.93%	+17.97%
Change	-2.68	-1.79	-0.74	-	+1.30	+5.17	+7.79
Level	Minor	Minor	Major	-	Major	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	36.94	38.32	40.17	41.55	43.40	44.78	46.63
Camarilla	41.14	41.44	41.73	42.03	42.33	42.62	42.92
Woodie	37.19	38.44	40.42	41.67	43.65	44.90	46.88
Fibonacci	38.32	39.55	40.31	41.55	42.78	43.54	44.78

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	35.20	36.51	38.92	40.23	42.64	43.95	46.36
Camarilla	40.32	40.66	41.00	41.34	41.68	42.02	42.36
Woodie	35.76	36.79	39.48	40.51	43.20	44.23	46.92
Fibonacci	36.51	37.93	38.81	40.23	41.65	42.53	43.95

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	27.81	31.83	34.82	38.84	41.83	45.85	48.84
Camarilla	35.89	36.54	37.18	37.82	38.46	39.11	39.75
Woodie	27.31	31.57	34.32	38.58	41.33	45.59	48.34
Fibonacci	31.83	34.50	36.16	38.84	41.51	43.17	45.85

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	66.54
MACD (12,26,9):	0.7500
Directional Movement:	8.71
AROON (14):	71.43
DEMA (21):	42.72
Parabolic SAR (0,02-0,02-0,2):	41.03
Elder Ray (13):	0.63
Super Trend (3,10):	40.78
Zig ZAG (10):	42.95
VORTEX (21):	1.0900
Stochastique (14,3,5):	82.54
TEMA (21):	43.15
Williams %R (14):	-6.99
Chande Momentum Oscillator (20):	2.07
Repulse (5,40,3):	2.2700
ROCnROLL:	1
TRIX (15,9):	0.2400
Courbe Coppock:	12.32

MA7:	40.56
MA20:	39.69
MA50:	38.45
MA100:	41.37
MAexp7:	42.64
MAexp20:	41.78
MAexp50:	40.90
MAexp100:	40.26
Price / MA7:	+6.88%
Price / MA20:	+9.22%
Price / MA50:	+12.74%
Price / MA100:	+4.79%
Price / MAexp7:	+1.67%
Price / MAexp20:	+3.76%
Price / MAexp50:	+5.99%
Price / MAexp100:	+7.68%

Quotes : - 15 min delayed data - Actions NYSE

News

The latest news and videos published on AXOS FINANCIAL INC. at the time of the analysis were as follows: