AXT (AXTI, $3.61) RSI Indicator left the overbought zone on May 30, 2023

A.I.dvisor
at Tickeron.com
05/31/23
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AXTI - AXT
RSI signal
Bearish Trend
90%
Odds of DOWN Trend
RSI signal
Price: $3.61
Daily change: -$0.05 (-1.37%)
Daily volume: 241K
Industry: Semiconductors
This is a signal that AXTI's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 27 similar cases where AXTI's RSI Indicator left the overbought zone, and in 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%
More