RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AXGN
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AxoGen stock upgraded to Hold/Accumulate.
(Updated on Mar 27, 2024)

Hold candidate since Mar 27, 2024 PDF

The AxoGen stock price gained 2.91% on the last trading day (Wednesday, 27th Mar 2024), rising from $7.55 to $7.77. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 3.04% from a day low at $7.56 to a day high of $7.79. The price has been going up and down for this period, and there has been a -3.48% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 128 thousand more shares were traded than the day before. In total, 285 thousand shares were bought and sold for approximately $2.21 million.

The stock lies in the lower part of a very wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $7.37 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 4.65% during the next 3 months and, with a 90% probability hold a price between $7.72 and $11.34 at the end of this 3-month period.

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AXGN Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, March 22, 2024, and so far it has risen 5.71%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The AxoGen stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $9.19. On a fall, the stock will find some support from the short-term average at $7.60. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for AxoGen stock

AxoGen finds support from accumulated volume at $7.71 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.230 between high and low, or 3.04%. For the last week, the stock has had daily average volatility of 3.14%.

AxoGen is oversold on RSI14 (22). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: $7.41 (-4.62%) (This stock has very high daily movements and this gives very high risk. Low RSI14 is 22 which reduces the risk some. There is a buy signal from a pivot bottom found 3 days ago.)

Trading Expectations (AXGN) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect AxoGen to open at $7.71, and during the day (based on 14 day Average True Range), to move between $7.37 and $8.17, which gives a possible trading interval of +/-$0.399 (+/-5.13%) up or down from last closing price. If AxoGen takes out the full calculated possible swing range there will be an estimated 10.27% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $7.71 (0.77%) than the resistance at $8.55 (10.04%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is AxoGen stock A Buy?

AxoGen holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.090 Hold/Accumulate Upgraded

Predicted Opening Price for AxoGen of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$7.71 ( 0.82%) $7.77

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for AXGN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 7.94 2.15 %
R2 7.85 1.01 %
R1 7.79 0.316 %
Current price: 7.77
Support S1 7.62 -1.95 %
S2 7.56 -2.64 %
S3 7.48 -3.78 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 8.99 15.70 %
R2 8.59 10.55 %
R1 8.55 10.04 %
Current price 7.77
Support S1 7.71 -0.772%
S2 7.68 -1.16%
S3 7.67 -1.29%

AXGN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 22, 2009 Jan 27, 2010 Feb 12, 2010 $1.00 25.64%
2 Feb 23, 2005 Feb 23, 2005 Feb 23, 2005 $0.0600 2.61%
3 Jul 10, 1992 Jul 10, 1992 Jul 10, 1992 $0.0417 0.497%

FAQ

What is the symbol for AxoGen Stock and on which exchange is it traded?
The symbol for AxoGen is AXGN and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell AxoGen Stock?
AxoGen holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy AxoGen Stock?
AxoGen Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy AxoGen Stock.

What's the current price of AxoGen Stock?
As of the end of day on the 2024-03-27, the price of an AxoGen (AXGN) share was $7.77.

What is the 52-week high and low for AxoGen Stock?
The 52-week high for AxoGen Stock is $10.83 and the 52-week low is $3.45.

What is the market capitalization of AxoGen Stock?
As of the 2024-03-27, the market capitalization of AxoGen is 335.712M.

When is the next earnings date for AxoGen?
The upcoming earnings date for AxoGen is May 14, 2024.
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About AxoGen

AxoGen AxoGen, Inc., together with its subsidiaries, develops and markets surgical solutions for physical damage or transection to peripheral nerves. The company's products include Avance Nerve Graft, a biologically active off-the-shelf processed human nerve allograft for bridging severed nerves without the comorbidities associated with a second surgical site; AxoGuard Nerve Connector, a porcine submucosa extracellular matrix (ECM) coaptation aid for te... AXGN Profile

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