Axos Financial Inc. 50-day SMA is moving above its 200-day SMA indicating a bullish trend.
Price Momentum
AX is trading near the top of its 52-week range and above its 200-day simple moving average.
What does this mean?
Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
AX stock's support level is around $30, which is the lowest point reached in September 2023. The resistance level is around $40, which is the highest point reached in August 2023.
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