US stock / ETF

Axon Enterprise, Inc.

AXON · NASDAQ · USD

1 hourBearish67%
1h Downside probability 67%Bearish

AXON 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $418.5 and stabilize above resistance $431.59.

Invalidation Trigger

Break above $431.59 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 41.9, MACD -0.869

1h
Volatility EnvironmentBullish
Low volatility

ATR is $4.59 (1.11%)

1h

EMA Structure

Bearish
EMA 8$415.38Bearish
EMA 21$418.5Bearish
EMA 50$422.57Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.9 · MACD -0.869

Momentum is weak

Strength
Bearish
Volatility
ATR $4.59 · BB 5.44%

Low volatility

Strength
Bullish
Volume
MFI 61.7 · OBV 25.94%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$408.24 - $431.59

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.31% · 4.8 ATR above latest close

$436.18
Nearest resistance

+4.2% · 3.8 ATR above · 34-bar high

$431.59
Current price

Price shown is delayed

$414.2
Nearest support

-1.44% · 1.3 ATR below · 34-bar low

$408.24
Deeper support zone

-2.55% · 2.3 ATR below latest close

$403.64
ATR zone

Latest close ± ATR14

$409.61 - $418.79

Indicators

Trend

Dow Theory Structure

Confirmation $408.24, invalidation $414.9

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

Trend strength is moderate

8.1 / 26.6 / 28.2Bearish
Supertrend (10,3)

Price is above Supertrend

$400Bullish
Ichimoku Cloud

Cloud Span A / Span B

$419.11 / $419.91Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Volatility

ATR (14)

Low volatility

$4.59 (1.11%)Bullish
Bollinger Bands (20,2)

Width 5.44%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$427.53 / $409.16Bullish
ATR channel lower / upper

Current Volatility Envelope

$409.61 / $418.79Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$431.59Range
Support

Nearest Downside Decision Level

$408.24Range

Momentum

RSI (14)

Momentum is weak

41.9Bearish
MACD (12,26,9)

Histogram is negative

-0.869Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.4 / 25.3Bullish
Williams %R (14)

Neutral zone

-72.6Range
CCI (20)

Balanced zone

-65.0Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

61.7Bullish
OBV slope

20-period OBV slope

25.94%Bullish
Volume ratio

Relative to 20-period average volume

2.59xBullish

Trend

Dow Theory Structure

Confirmation $408.24, invalidation $414.9

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

Trend strength is moderate

8.1 / 26.6 / 28.2Bearish
Supertrend (10,3)

Price is above Supertrend

$400Bullish
Ichimoku Cloud

Cloud Span A / Span B

$419.11 / $419.91Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Momentum

RSI (14)

Momentum is weak

41.9Bearish
MACD (12,26,9)

Histogram is negative

-0.869Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.4 / 25.3Bullish
Williams %R (14)

Neutral zone

-72.6Range
CCI (20)

Balanced zone

-65.0Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$4.59 (1.11%)Bullish
Bollinger Bands (20,2)

Width 5.44%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$427.53 / $409.16Bullish
ATR channel lower / upper

Current Volatility Envelope

$409.61 / $418.79Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

61.7Bullish
OBV slope

20-period OBV slope

25.94%Bullish
Volume ratio

Relative to 20-period average volume

2.59xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$431.59Range
Support

Nearest Downside Decision Level

$408.24Range

Related Forecasts