AZEK CO INC/THE (AZEK) Technical Analysis
NYSE:AZEK • US05478C1053
Current stock price
AZEK Technical Rating and Analysis
Taking everything into account, AZEK scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AZEK has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, AZEK did better than 82% 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 90% of 42 stocks in the same industry.
- AZEK is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so AZEK is leading 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.
AZEK Weekly and Daily overview Charts
AZEK Setup Rating and Analysis
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
AZEK Support and Resistance Analysis
41.91
We found 5 important support areas.
- 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.
AZEK Technical Indicator Signal Analysis
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. |
AZEK Chart- and CandleStick Pattern Analysis
AZEK Technicals: Chart, Performance Metrics, Trend & Indicators
54.35
-0.51 (-0.93%)
AZEK CO INC/THE / AZEK TA FAQ
What is the technical rating for AZEK stock?
ChartMill assigns a technical rating of 10 / 10 to AZEK.
What is the current trend direction of AZEK CO INC/THE (AZEK) stock?
The current trend direction for AZEK CO INC/THE (AZEK) is Bullish.
What is the RSI signal for AZEK CO INC/THE (AZEK) stock?
AZEK CO INC/THE (AZEK) has an RSI value of 62.7194. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AZEK CO INC/THE?
The MACD indicator for AZEK CO INC/THE (AZEK) has a value of 0.0586906, indicating a bearish trend.
Can you provide the short term momentum for AZEK CO INC/THE?
The short term momentum for AZEK CO INC/THE (AZEK) is positive.