AZEK CO INC/THE (AZEK) Stock Technical Analysis
NYSE:AZEK - New York Stock Exchange, Inc. - US05478C1053 - Common Stock - Currency: USD
Taking everything into account, AZEK 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, AZEK is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that AZEK is one of the better performing stocks in the market, outperforming 82% of all stocks. On top of that, AZEK also shows a nice and consistent pattern of rising prices.
AZEK is part of the Building Products industry. There are 41 other stocks in this industry. AZEK outperforms 82% of them.
AZEK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month AZEK has a been trading in the 49.21 - 54.90 range, which is quite wide. It is currently trading near the high of this range.
AZEK has an average volume of 3654970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Although AZEK has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
41.91
55.42
5 important support areas can be observed.
- A support zone ranging from 50.92 to 51.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 49.00 to 49.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @47.99 from a horizontal line in the daily time frame.
- Support @44.78 from a trend line in the weekly time frame.
- Support @42.33 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 54.76 to 54.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 AZEK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AZEK is up. |
| ChartMill Relative Strength | 82.28 | POSITIVE | AZEK has a high relative strength, it outperformed 82.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AZEK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AZEK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AZEK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.72 | NEUTRAL | The RSI value for AZEK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests AZEK has a positive trend. |
| Stochastics (14,3) | 80.13 | OVERBOUGHT | The high Stochastics value suggests AZEK may be overbought. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for AZEK suggests low volalility. |
| Average Directional Index/ADX (14) | 20.17 | NEUTRAL | The ADX value for AZEK suggests a possible start of a new trend. |
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)
54.35
-0.51 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-0.93%
1 Week5.09%
2 Weeks1.8%
1 Month9.78%
3 Month17.54%
6 Month13.63%
12 Month32.95%
2 Year79.43%
3 Year224.67%
5 Year70.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.95
ATR(20)%1.88%
ATR Inc82.48%
Range Today0.97
ADR(20)0.95
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.28
Mansfield0.74
10 Day High54.9
10 Day Low50.73
20 Day High54.9
20 Day Low49.21
52 Week High54.91
52 Week Low35.48
CS1 End51.55
CR1 Start54.76
Volume & EV
DER(3)3.48%
DER(5)3.79%
Volume26.85M
Volume Incr141.1%
Vol(5)9.19M
Vol(50)3.65M