The best indicator for Axon Enterprise (AXON)
We backtested 366 indicators across daily, weekly and hourly charts on real Axon Enterprise (AXON) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
DEMA 100 Trend
On the daily chart, this is the strongest risk-adjusted edge we found for Axon Enterprise (AXON) over ~24.9 years — beating buy-and-hold by 6.8% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Axon Enterprise (AXON) — trailing buy-and-hold by 3.5% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | DEMA 100 Trend ✓ | Daily | 39.1% | 1.05 | -47.2% | 42.9% | 184 | 6.8% |
| 2 | DMI Direction ✓ | Daily | 41.0% | 1.01 | -51.3% | 40.6% | 239 | 8.7% |
| 3 | Median MA ✓ | Daily | 34.5% | 1.0 | -51.1% | 41.8% | 404 | 2.2% |
| 4 | Donchian 55/20 ✓ | Daily | 35.3% | 0.99 | -54.6% | 56.4% | 39 | 3.0% |
| 5 | Hull MA 200 Trend ✓ | Daily | 33.6% | 0.98 | -63.3% | 39.4% | 94 | 1.4% |
| 6 | ADX / DMI ✓ | Daily | 34.8% | 0.96 | -60.1% | 42.4% | 158 | 2.5% |
| 7 | ADXR ✓ | Daily | 35.6% | 0.96 | -69.5% | 43.7% | 183 | 3.4% |
| 8 | Keltner 50 (x2.0) ✓ | Daily | 30.6% | 0.96 | -50.5% | 43.0% | 186 | -1.7% |
| 9 | TEMA 30 Trend ✓ | Weekly | 34.1% | 0.96 | -62.5% | 49.4% | 83 | 2.3% |
| 10 | ZLEMA 30 Trend ✓ | Weekly | 35.6% | 0.96 | -65.3% | 40.3% | 72 | 3.8% |
| 11 | Donchian Breakout ✓ | Daily | 34.5% | 0.95 | -60.4% | 52.3% | 86 | 2.3% |
| 12 | Rate of Change ✓ | Daily | 37.2% | 0.94 | -48.9% | 41.7% | 379 | 4.9% |
| 13 | Donchian 20 Break ✓ | Daily | 37.1% | 0.94 | -67.0% | 49.3% | 67 | 4.8% |
| 14 | ALMA 100 Trend ✓ | Daily | 34.4% | 0.94 | -62.6% | 37.4% | 155 | 2.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Axon Enterprise (AXON), DEMA 100 Trend on the daily timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
More stock
Get the weekly edge report
The best-performing indicator per asset, what changed this week, and the honest caveats — straight to your inbox.