US stock / ETF

Axon Enterprise, Inc.

AXON · NASDAQ · USD

12 hoursBearish92%
12h Downside probability 92%Bearish

AXON 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $348.94 and stabilize above resistance $438.7.

Invalidation Trigger

Break above $438.7 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 27.6, MACD -3.777

12h
Volatility EnvironmentBearish
High volatility

ATR is $22.43 (7.25%)

12h

EMA Structure

Bearish
EMA 8$317.97Bearish
EMA 21$348.94Bearish
EMA 50$384.31Bearish

Signals

CategoryReadStrength
Momentum
RSI 27.6 · MACD -3.777

Momentum is weak

Strength
Bearish
Volatility
ATR $22.43 · BB 59.89%

High volatility

Strength
Bearish
Volume
MFI 15.7 · OBV -7907.24%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$291.45 - $438.7

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+48.99% · 6.8 ATR above latest close

$461.13
Nearest resistance

+41.74% · 5.8 ATR above · 34-bar high

$438.7
Current price

Price shown is delayed

$309.5
Nearest support

-5.83% · 0.8 ATR below · 34-bar low

$291.45
Deeper support zone

-13.08% · 1.8 ATR below latest close

$269.02
ATR zone

Latest close ± ATR14

$287.07 - $331.93

Indicators

Trend

Dow Theory Structure

Confirmation $291.45, invalidation $319.09

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

Trend strength is active

66.2 / 8.6 / 55.6Bearish
Supertrend (10,3)

Price is above Supertrend

$270.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$336.12 / $365.08Bearish
Donchian Channel (20)

20-period breakout channel position

12%Bearish

Volatility

ATR (14)

High volatility

$22.43 (7.25%)Bearish
Bollinger Bands (20,2)

Width 59.89%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$373.88 / $320.16Bearish
ATR channel lower / upper

Current Volatility Envelope

$287.07 / $331.93Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$438.7Range
Support

Nearest Downside Decision Level

$291.45Range

Momentum

RSI (14)

Momentum is weak

27.6Bearish
MACD (12,26,9)

Histogram is negative

-3.777Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.6 / 15.7Bearish
Williams %R (14)

Oversold zone

-87.4Bullish
CCI (20)

Balanced zone

-67.0Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

15.7Bearish
OBV slope

20-period OBV slope

-7907.24%Bearish
Volume ratio

Relative to 20-period average volume

1.52xBullish

Trend

Dow Theory Structure

Confirmation $291.45, invalidation $319.09

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

Trend strength is active

66.2 / 8.6 / 55.6Bearish
Supertrend (10,3)

Price is above Supertrend

$270.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$336.12 / $365.08Bearish
Donchian Channel (20)

20-period breakout channel position

12%Bearish

Momentum

RSI (14)

Momentum is weak

27.6Bearish
MACD (12,26,9)

Histogram is negative

-3.777Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.6 / 15.7Bearish
Williams %R (14)

Oversold zone

-87.4Bullish
CCI (20)

Balanced zone

-67.0Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$22.43 (7.25%)Bearish
Bollinger Bands (20,2)

Width 59.89%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$373.88 / $320.16Bearish
ATR channel lower / upper

Current Volatility Envelope

$287.07 / $331.93Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

15.7Bearish
OBV slope

20-period OBV slope

-7907.24%Bearish
Volume ratio

Relative to 20-period average volume

1.52xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$438.7Range
Support

Nearest Downside Decision Level

$291.45Range

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