Axon Enterprise

Is Axon Enterprise Overvalued After a 41% Slide?

AxonEnterprise

Axon Enterprise's 15min chart triggered Bollinger Bands Narrowing, KDJ Death Cross formation.

Axon Enterprise's 15min chart triggered Bollinger Bands Narrowing, KDJ Death Cross Alert.

Axon Enterprise Inc. Sees Surge in Stock Amid Nationwide Body Camera Rollout

Axon Enterprise Inc (AXON) Stock Down 3.01% on Feb 3 Amid Analyst Expectations of Upside Potential

Catalyst<ul> <li>Recent technical signals including Bearish Engulfing and MACD Death Cross suggest a potential downward trend in AXON.</li></ul>Risk<ul> <li>Extra-large fund flows show positive inflow while most other size categories exhibit negative trends, indicating uncertain capital positioning.</li></ul>

Key Factors

Axon's U.S. Department of Homeland Security contract to equip Minneapolis officers with body cameras triggered a 4.4% after-hours stock surge.Axon reported 31% year-over-year revenue growth to $711 million and 41% increase in Annual Recurring Revenue to $1.3 billion.Axon shares fell 3.01% on Feb 3 amid analyst price targets indicating a 76.77% projected upside from current levels.

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