US stock / ETF

Axon Enterprise, Inc.

AXON · NASDAQ · USD

1 dayBearish88%
Daily Downside probability 88%Bearish

AXON 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $539.78 and stabilize above resistance $651.61.

Invalidation Trigger

Break above $651.61 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 34.9, MACD -13.771

Daily
Volatility EnvironmentBearish
High volatility

ATR is $24.26 (5.06%)

Daily

EMA Structure

Bearish
EMA 8$503.55Bearish
EMA 21$539.78Bearish
EMA 50$542.25Bearish

Signals

CategoryReadStrength
Momentum
RSI 34.9 · MACD -13.771

Momentum is weak

Strength
Bearish
Volatility
ATR $24.26 · BB 42.12%

High volatility

Strength
Bearish
Volume
MFI 17.0 · OBV -4.37%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$473.25 - $651.61

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+41% · 8.1 ATR above latest close

$675.87
Nearest resistance

+35.94% · 7.1 ATR above · 34-bar high

$651.61
Current price

Price shown is delayed

$479.34
Nearest support

-1.27% · 0.3 ATR below · 34-bar low

$473.25
Deeper support zone

-6.33% · 1.3 ATR below latest close

$448.99
ATR zone

Latest close ± ATR14

$455.08 - $503.6

Indicators

Trend

Dow Theory Structure

Confirmation $499, invalidation $616

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

49.1 / 6.9 / 52.1Bearish
Supertrend (10,3)

Price is above Supertrend

$407.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$539.35 / $569.16Bearish
Donchian Channel (20)

20-period breakout channel position

3%Bearish

Volatility

ATR (14)

High volatility

$24.26 (5.06%)Bearish
Bollinger Bands (20,2)

Width 42.12%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$587.5 / $489.29Bearish
ATR channel lower / upper

Current Volatility Envelope

$455.08 / $503.6Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$651.61Range
Support

Nearest Downside Decision Level

$473.25Range

Momentum

RSI (14)

Momentum is weak

34.9Bearish
MACD (12,26,9)

Histogram is negative

-13.771Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.1 / 2.7Bullish
Williams %R (14)

Oversold zone

-95.9Bullish
CCI (20)

Weak expansion

-102.8Bearish
TD Sequential

Exhaustion setup is near completion

buy 13Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

17.0Bearish
OBV slope

20-period OBV slope

-4.37%Bearish
Volume ratio

Relative to 20-period average volume

1.06xRange

Trend

Dow Theory Structure

Confirmation $499, invalidation $616

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

49.1 / 6.9 / 52.1Bearish
Supertrend (10,3)

Price is above Supertrend

$407.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$539.35 / $569.16Bearish
Donchian Channel (20)

20-period breakout channel position

3%Bearish

Momentum

RSI (14)

Momentum is weak

34.9Bearish
MACD (12,26,9)

Histogram is negative

-13.771Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.1 / 2.7Bullish
Williams %R (14)

Oversold zone

-95.9Bullish
CCI (20)

Weak expansion

-102.8Bearish
TD Sequential

Exhaustion setup is near completion

buy 13Bullish

Volatility

ATR (14)

High volatility

$24.26 (5.06%)Bearish
Bollinger Bands (20,2)

Width 42.12%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$587.5 / $489.29Bearish
ATR channel lower / upper

Current Volatility Envelope

$455.08 / $503.6Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

17.0Bearish
OBV slope

20-period OBV slope

-4.37%Bearish
Volume ratio

Relative to 20-period average volume

1.06xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$651.61Range
Support

Nearest Downside Decision Level

$473.25Range

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