US stock / ETF

Axon Enterprise, Inc.

AXON · NASDAQ · USD

4 hoursBullish79%
4h Upside probability 79%Bullish

AXON 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $590.1 and reclaim $649.88.

Invalidation Trigger

Lose $590.1 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateRange
Momentum mixed

RSI 54.5, MACD -1.524

4h
Volatility EnvironmentRange
Low volatility

ATR is $11.27 (1.79%)

4h

EMA Structure

Bullish
EMA 8$627.81Bearish
EMA 21$623.01Bullish
EMA 50$606.04Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.5 · MACD -1.524

Neutral zone

Strength
Range
Volatility
ATR $11.27 · BB 8.60%

Low volatility

Strength
Range
Volume
MFI 50.5 · OBV 4.15%

Relative to 20-period average volume

Strength
Range
Price Levels
$590.1 - $649.88

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+5.32% · 3.0 ATR above latest close

$661.15
Nearest resistance

+3.53% · 2.0 ATR above · 34-bar high

$649.88
Current price

Price shown is delayed

$627.75
Nearest support

-6% · 3.3 ATR below · 34-bar low

$590.1
Deeper support zone

-7.79% · 4.3 ATR below latest close

$578.83
ATR zone

Latest close ± ATR14

$616.48 - $639.02

Indicators

Trend

Dow Theory Structure

Confirmation $649.88, invalidation $611.55

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

20.4 / 31.5 / 27.5Bullish
Supertrend (10,3)

Price is above Supertrend

$592.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$626.33 / $584.67Bullish
Donchian Channel (20)

20-period breakout channel position

60%Range

Volatility

ATR (14)

Low volatility

$11.27 (1.79%)Range
Bollinger Bands (20,2)

Width 8.60%

58%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$646.73 / $600.32Range
ATR channel lower / upper

Current Volatility Envelope

$616.48 / $639.02Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$649.88Range
Support

Nearest Downside Decision Level

$590.1Range

Momentum

RSI (14)

Neutral zone

54.5Range
MACD (12,26,9)

Histogram is negative

-1.524Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.3 / 57.5Bearish
Williams %R (14)

Neutral zone

-57.7Range
CCI (20)

Balanced zone

31.3Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.5Range
OBV slope

20-period OBV slope

4.15%Bullish
Volume ratio

Relative to 20-period average volume

0.81xBearish

Trend

Dow Theory Structure

Confirmation $649.88, invalidation $611.55

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

20.4 / 31.5 / 27.5Bullish
Supertrend (10,3)

Price is above Supertrend

$592.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$626.33 / $584.67Bullish
Donchian Channel (20)

20-period breakout channel position

60%Range

Momentum

RSI (14)

Neutral zone

54.5Range
MACD (12,26,9)

Histogram is negative

-1.524Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.3 / 57.5Bearish
Williams %R (14)

Neutral zone

-57.7Range
CCI (20)

Balanced zone

31.3Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$11.27 (1.79%)Range
Bollinger Bands (20,2)

Width 8.60%

58%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$646.73 / $600.32Range
ATR channel lower / upper

Current Volatility Envelope

$616.48 / $639.02Range

Volume / Money Flow

MFI (14)

Money flow is neutral

50.5Range
OBV slope

20-period OBV slope

4.15%Bullish
Volume ratio

Relative to 20-period average volume

0.81xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$649.88Range
Support

Nearest Downside Decision Level

$590.1Range

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