AZEK CO INC/THE (AZEK)
US05478C1053 - Common Stock
Taking everything into account, AZEK scores 8 out of 10 in our technical rating. In the last year, AZEK was one of the better performers, but we do observe some doubts in the very recent evolution.
AZEK is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, AZEK did better than 93% of all other stocks. We also observe that the gains produced by AZEK over the past year are nicely spread over this period.
AZEK is one of the better performing stocks in the Building Products industry, it outperforms 80% of 43 stocks in the same industry.
AZEK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AZEK is performing more or less in line with the market.
AZEK has an average volume of 1349950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AZEK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 46.49, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AZEK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
27.94
50.73
When analyzing the support we can see 4 important areas.
- A support zone ranging from 45.78 to 46.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 44.71 to 44.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.96 from a trend line in the weekly time frame.
- Support @28.22 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @49.38 from a horizontal line in the daily time frame.
- A resistance zone ranging from 50.23 to 50.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.16
Mansfield2.07
10 Day High47.74
10 Day Low43.98
20 Day High50.64
20 Day Low43.98
52 Week High50.78
52 Week Low23.08
Performance
1 Week0.85%
2 Weeks4.03%
1 Month-6.51%
3 Month14.44%
6 Month63.29%
12 Month77.35%
2 Year120.79%
3 Year6.87%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)49.08
LBB44.7
UBB46.78
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 |
|---|---|---|---|
| 47.75 | 45.77 | 1.98 (4.15%) | 24.12% |
| An entry @47.75. This is a Buy Stop order right above the 10 day high. | An exit @45.77. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.98 points, which is 4.15%. | For a 1.00% total portfolio risk, you can invest 24.12% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AZEK. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AZEK CO INC/THE
NYSE:AZEK (5/3/2024, 6:39:34 PM)
After market: 46.925 +0.4 (+0.87%)46.52
+0.79 (+1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg1.73%
1 Week0.85%
2 Weeks4.03%
1 Month-6.51%
3 Month14.44%
6 Month63.29%
12 Month77.35%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.38
ATR(20)%2.92%
ATR Inc
Range Today1.51
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High47.74
10 Day Low43.98
20 Day High50.64
20 Day Low43.98
52 Week High50.78
52 Week Low23.08
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.22M
Volume Incr28.98%
Vol(5)1.58M
Vol(50)1.35M