American Axle Manufacturing Stock Technical Analysis

AXL Stock  USD 7.08  0.10  1.43%   
As of the 20th of April, American Axle shows the mean deviation of 1.9, and Risk Adjusted Performance of 0.0028. American Axle Manufa technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed and interpolated thirteen technical drivers for American Axle Manufacturing, which can be compared to its peers. Please confirm American Axle Manufa market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if American Axle Manufa is priced correctly, providing market reflects its regular price of 7.08 per share. Given that American Axle has information ratio of (0.04), we suggest you to validate American Axle Manufacturing's prevailing market performance to make sure the company can sustain itself at a future point.

American Axle Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as American, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to American
  
American Axle's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

American Axle Analyst Consensus

Target PriceAdvice# of Analysts
8.61Buy10Odds
American Axle Manufacturing current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most American analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand American stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of American Axle Manufa, talking to its executives and customers, or listening to American conference calls.
American Analyst Advice Details
American Axle technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of American Axle technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of American Axle trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

American Axle Manufa Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of American Axle Manufa volatility. High ATR values indicate high volatility, and low values indicate low volatility.

American Axle Manufa Trend Analysis

Use this graph to draw trend lines for American Axle Manufacturing. You can use it to identify possible trend reversals for American Axle as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual American Axle price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

American Axle Best Fit Change Line

The following chart estimates an ordinary least squares regression model for American Axle Manufacturing applied against its price change over selected period. The best fit line has a slop of   0.02  , which may imply that the returns on investment in American Axle Manufacturing will continue to fail. It has 122 observation points and a regression sum of squares at 14.55, which is the sum of squared deviations for the predicted American Axle price change compared to its average price change.

About American Axle Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of American Axle Manufacturing on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of American Axle Manufacturing based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on American Axle Manufa price pattern first instead of the macroeconomic environment surrounding American Axle Manufa. By analyzing American Axle's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of American Axle's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to American Axle specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Inventory Turnover10.810.9911.5216.16
ROIC0.320.06470.05930.0692

American Axle April 20, 2024 Technical Indicators

Most technical analysis of American help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for American from various momentum indicators to cycle indicators. When you analyze American charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether American Axle Manufa is a strong investment it is important to analyze American Axle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Axle's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Axle Manufacturing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running American Axle's price analysis, check to measure American Axle's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Axle is operating at the current time. Most of American Axle's value examination focuses on studying past and present price action to predict the probability of American Axle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Axle's price. Additionally, you may evaluate how the addition of American Axle to your portfolios can decrease your overall portfolio volatility.
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Is American Axle's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Axle. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Axle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.65)
Earnings Share
(0.29)
Revenue Per Share
52.14
Quarterly Revenue Growth
0.05
Return On Assets
0.0198
The market value of American Axle Manufa is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Axle's value that differs from its market value or its book value, called intrinsic value, which is American Axle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Axle's market value can be influenced by many factors that don't directly affect American Axle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Axle's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Axle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Axle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.