AXT (AXTI, $3.51) price may climb as it broke lower Bollinger Band on Mar 13, 2023

A.I.dvisor
at Tickeron.com
03/14/23
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AXTI - AXT
Bollinger signal
Bullish Trend
76%
Odds of UP Trend
Bollinger signal
Price: $3.51
Daily change: -$0.25 (-6.65%)
Daily volume: 275.7K
Industry: Semiconductors
This price move could be a signal that AXTI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. A.I.dvisor backtested 41 similar cases where AXTI's price broke its lower Bollinger Band, and of them led to a successful outcome. Odds of Success:
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a manufactures of high-performance compound semiconductor substrates

Industry Semiconductors

Profile
Fundamentals
Details
Industry
Electronic Production Equipment
Address
4281 Technology Drive
Phone
+1 510 438-4700
Employees
1076
Web
http://www.axt.com
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AXTI and

Correlation & Price change

A.I.dvisor indicates that over the last year, AXTI has been loosely correlated with AMKR. These tickers have moved in lockstep 47% of the time. This A.I.-generated data suggests there is some statistical probability that if AXTI jumps, then AMKR could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To AXTI
1D Price
Change %
AXTI100%
N/A
AMKR - AXTI
47%
Loosely correlated
-1.15%
ICHR - AXTI
44%
Loosely correlated
-1.67%
TER - AXTI
44%
Loosely correlated
-1.84%
SLAB - AXTI
43%
Loosely correlated
-1.11%
SWKS - AXTI
43%
Loosely correlated
-1.52%
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