NASDAQ:AZ - Nasdaq - CA0022051027 - Common Stock - Currency: USD
Taking everything into account, AZ scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AZ is showing a nice and steady performance.
AZ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for AZ in the last couple of days, which is a good sign.
6.51
3 important support areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AZ is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AZ is up. |
ChartMill Relative Strength | 99.65 | POSITIVE | AZ has a high relative strength, it outperformed 99.65% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AZ is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AZ is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AZ is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 58.82 | NEUTRAL | The RSI value for AZ is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests AZ has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 62.5 | NEUTRAL | The Stochastics value for AZ is a neutral value. |
Average True Range in percent/ATR (20) | 7.81 | HIGH VOLATILITY | The high ATR as a percentage value for AZ suggests high volalility. |
Average Directional Index/ADX (14) | 43.18 | POSITIVE | The high ADX value value for AZ suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
9.94 | 8.39 | 1.55 (15.59%) | 6.41% |
An entry @9.94. This is a Buy Stop order right above the 10 day high. | An exit @8.39. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.55 points, which is 15.59%. | For a 1.00% total portfolio risk, you can invest 6.41% of your capital in this trade. |
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-0.09 (-0.99%)