AZEK CO INC/THE (AZEK) Stock Technical Analysis
NYSE:AZEK - New York Stock Exchange, Inc. - US05478C1053 - Common Stock - Currency: USD
Overall AZEK gets a technical rating of 10 out of 10. 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.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that AZEK is one of the better performing stocks in the market, outperforming 80% 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 75% of them.
AZEK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AZEK is lagging the market slightly.
In the last month AZEK has a been trading in the 48.00 - 54.80 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
AZEK has an average volume of 3130440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although AZEK has an excellent technical rating, the quality of the presented setup is not ideal 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
41.85
55.32
We found 5 important support areas.
- A support zone ranging from 50.42 to 51.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 49.23 to 49.48. 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 @44.56 from a trend line in the weekly time frame.
- Support @42.27 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 54.22 to 54.77. 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 | 80.32 | POSITIVE | AZEK has a high relative strength, it outperformed 80.32% 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) | 56.96 | NEUTRAL | The RSI value for AZEK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests AZEK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.17 | NEUTRAL | The Stochastics value for AZEK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for AZEK suggests low volalility. |
| Average Directional Index/ADX (14) | 18.96 | NEGATIVE | The low ADX value for AZEK suggests a weak or negative 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)
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 |
|---|---|---|---|
| 54.81 | 50.72 | 4.09 (7.46%) | 13.40% |
| An entry @54.81. This is a Buy Stop order right above the 10 day high. | An exit @50.72. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.09 points, which is 7.46%. | When investing 13.40% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
52.79
+0.97 (+1.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg1.87%
1 Week1.23%
2 Weeks-3.08%
1 Month7.71%
3 Month6.32%
6 Month8.8%
12 Month25.3%
2 Year74.28%
3 Year215.35%
5 Year65.69%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.89
ATR(20)%1.85%
ATR Inc0.16%
Range Today0.97
ADR(20)0.93
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
CRS80.32
Mansfield0.64
10 Day High54.8
10 Day Low50.73
20 Day High54.8
20 Day Low48
52 Week High54.91
52 Week Low35.48
CS1 End51.07
CR1 Start54.22
Volume & EV
DER(3)8.96%
DER(5)4.94%
Volume3.42M
Volume Incr4.42%
Vol(5)4.00M
Vol(50)3.13M