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 AXS
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Stronger technical forecast for Axis Capital Holdings Limited stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 07, 2024 Gain 10.45% PDF

The Axis Capital Holdings Limited stock price gained 1.85% on the last trading day (Wednesday, 27th Mar 2024), rising from $63.81 to $64.99. 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 1.56% from a day low at $64.07 to a day high of $65.07. The price has risen in 7 of the last 10 days and is up by 3.83% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 85 thousand more shares were traded than the day before. In total, 589 thousand shares were bought and sold for approximately $38.29 million.

The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 16.89% during the next 3 months and, with a 90% probability hold a price between $73.57 and $77.35 at the end of this 3-month period.

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AXS Signals & Forecast

Mostly positive signals in the chart today. The Axis Capital Holdings Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $63.80 and $61.90. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 04, 2024, and so far it has risen 7.80%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Axis Capital Holdings Limited stock

Axis Capital Holdings Limited finds support from accumulated volume at $62.03 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.00 (1.56%) between high and low. For the last week, the stock has had daily average volatility of 1.53%.

Our recommended stop-loss: $61.81 (-4.89%) (This stock has low daily movements and this gives low risk. The RSI14 is 82 and this increases the risk substantially. There is a buy signal from a pivot bottom found 17 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Axis Capital Holdings Limited to open at $64.71, and during the day (based on 14 day Average True Range), to move between $63.98 and $66.00, which gives a possible trading interval of +/-$1.01 (+/-1.55%) up or down from last closing price. If Axis Capital Holdings Limited takes out the full calculated possible swing range there will be an estimated 3.10% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $62.03, some $2.96 (4.55%) from the current price of $64.99, our system finds the risk reward attractive.

Is Axis Capital Holdings Limited stock A Buy?

Axis Capital Holdings Limited holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 6.692 Strong Buy Candidate Upgraded

Predicted Opening Price for Axis Capital Holdings Limited of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$64.71 ( 0.431%) $64.99

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

Trading levels for AXS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 65.71 1.11 %
R2 65.33 0.520 %
R1 65.09 0.157 %
Current price: 64.99
Support S1 64.33 -1.02 %
S2 64.09 -1.38 %
S3 63.71 -1.97 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 64.99
Support S1 62.03 -4.55%
S2 58.48 -10.02%
S3 57.16 -12.05%

AXS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 22, 2024 Mar 01, 2024 Apr 18, 2024 $0.440 0.677%
2 Dec 28, 2023 Dec 28, 2023 Jan 18, 2024 $0.440 0.796%
3 Sep 20, 2023 Sep 29, 2023 Oct 18, 2023 $0.440 0.752%
4 May 03, 2023 Jun 29, 2023 Jul 18, 2023 $0.440 0.82%
5 Feb 22, 2023 Mar 30, 2023 Apr 18, 2023 $0.440 0.773%

FAQ

What is the symbol for Axis Capital Holdings Limited Stock and on which exchange is it traded?
The symbol for Axis Capital Holdings Limited is AXS and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Axis Capital Holdings Limited Stock?
Axis Capital Holdings Limited holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

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

What's the current price of Axis Capital Holdings Limited Stock?
As of the end of day on the 2024-03-27, the price of an Axis Capital Holdings Limited (AXS) share was $64.99.

What is the 52-week high and low for Axis Capital Holdings Limited Stock?
The 52-week high for Axis Capital Holdings Limited Stock is $65.07 and the 52-week low is $51.61.

What is the market capitalization of Axis Capital Holdings Limited Stock?
As of the 2024-03-27, the market capitalization of Axis Capital Holdings Limited is 5.488B.

When is the next earnings date for Axis Capital Holdings Limited?
The upcoming earnings date for Axis Capital Holdings Limited is Apr 24, 2024.
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About Axis Capital Holdings Limited

Axis Capital Holdings Limited AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products worldwide. It operates through two segments, Insurance and Reinsurance. The Insurance segment offers property insurance products for commercial buildings, residential premises, construction projects, and onshore energy installations; marine insurance products covering offshore energy, cargo, liability, recreational marine, fine a... AXS Profile

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