Why Traders Need To Pay Attention To The Technical Chart Data For Helen of Troy Limited (HELE) and Axos Financial Inc. (AX)

Helen of Troy Limited (NASDAQ:HELE) traded at an unexpectedly low on Monday, posting a 0.52% after which it closed the day’ session at $156.08. The results of the trading session contributed to over 111093 shares changing hands. Shocker? The volume performance for the stock on the day in question is unusually low, especially when matched against average 205370. Traders can make of these figures one thing: sentiment in terms of actual shares traded is cooling down. Things couldn’t be clearer about what the analysts think about the potential movement of the stock.

What Analysts Are Saying And Expect

The price target set for the Helen of Troy Limited (HELE) is $174.40 and this sets up an interesting set of potential movement for the stock. Based on current valuation, the price target means that analysts expect the stock to move 10.5%. The target price is an amalgamation of differing takes on what the stock will do over time.

BofA/Merrill for instance, Reiterated the stock on July 10, 2019 whilst Sidoti issued a Downgrade the stock on May 08, 2019. BofA/Merrill Upgrade coverage for the stock on July 10, 2018 and DA Davidson issued a Initiated the stock on March 29, 2018. CL King also Initiated the stock on September 12, 2017.

All these opinions have come together to present the composite price target for the stock. Traders should keep an eye on these opinions.

The technical setup for the stock is informed by some strong movement data that has occurred over the past several months The stock is up on the following periods of measurement of performance. On a weekly basis, the stock is 2.98%. On a monthly basis the stock is 0.79%. The quarterly performance for the stock is 4.16%, while the half-yearly performance is 14.15%. The stock’s beta is 0.53 whilst the stock has an average true range (ATR) of 3.72. Other technical indicators are worth considering in assessing the prospects for HELE. RSI for instance is currently at 54.93. The stock has seen a uptick on its SMA 50 which is now 1.06%. In looking the SMA 200 we see that the stock has seen a 14.45%.

Axos Financial Inc. (NYSE:AX)

Axos Financial Inc. (AX) traded at an unexpectedly low on Monday, posting a -0.70% after which it closed the day’ session at $29.88. The results of the trading session contributed to over 111440 shares changing hands. Surprise? The volume performance for the stock on the day in question is unusually low, especially when matched against average 291300. Traders can make of these figures one thing: sentiment in terms of actual shares traded is cooling down. AX has certainly shown an interesting set of movements, but what is the outlook from analysts. Quite interesting in fact.

What Analysts Are Saying And Expect

The price target set for the Axos Financial Inc. (AX) is $35.57 and this sets up an interesting set of potential movement for the stock. Based on current valuation, the price target means that analysts expect the stock to move 16.0%. The target price is an amalgamation of differing takes on what the stock will do over time.

Compass Point for instance, Upgrade the stock on July 31, 2019 whilst Compass Point issued a Downgrade the stock on May 01, 2019.

All these opinions have come together to present the composite price target for the stock. Traders should keep an eye on these opinions.

The deeper technical indicators have offered up some solid data for traders The stock is down on the following periods of measurement of performance. On a weekly basis, the stock is -1.29%. On a monthly basis the stock is 5.77%. The quarterly performance for the stock is 8.03%, while the half-yearly performance is 14.15%. The stock’s beta is 1.00 whilst the stock has an average true range (ATR) of 0.71. Other technical indicators are worth considering in assessing the prospects for AX. RSI for instance is currently at 53.58. The stock has seen a uptick on its SMA 50 which is now 5.81%. In looking the SMA 200 we see that the stock has seen a 3.32%.