ASTRAZENECA PLC-SPONS ADR (AZN) Stock Technical Analysis
NASDAQ:AZN - Nasdaq - US0463531089 - ADR - Currency: USD
Taking everything into account, AZN scores 2 out of 10 in our technical rating. In the past year, AZN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, AZN is a bad performer in the overall market: 68% of all stocks are doing better.
AZN has an average volume of 5733900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
AZN is an average performer in the Pharmaceuticals industry, it outperforms 67% of 197 stocks in the same industry.
AZN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AZN is lagging the market slightly.
In the last month AZN has a been trading in the 66.16 - 72.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AZN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 70.42. Right above this resistance zone may be a good entry point.
More info and screens
61.27
80.38
We found 5 important support areas.
- A support zone ranging from 68.93 to 70.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @67.16 from a trend line in the weekly time frame.
- Support @65.52 from a horizontal line in the daily time frame.
- A support zone ranging from 63.20 to 63.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @61.89 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 70.42 to 70.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 73.67 to 74.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 77.60 to 77.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @79.58 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for AZN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AZN is up. |
| ChartMill Relative Strength | 32.83 | NEUTRAL | AZN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AZN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AZN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AZN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.7 | NEUTRAL | The RSI value for AZN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests AZN has a positive trend. |
| Stochastics (14,3) | 59.01 | NEUTRAL | The Stochastics value for AZN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for AZN suggests some volalility. |
| Average Directional Index/ADX (14) | 19.71 | NEGATIVE | The low ADX value for AZN 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)
70.41
+0.46 (+0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.66%
1 Week2.33%
2 Weeks4.2%
1 Month1.21%
3 Month-5.13%
6 Month7.28%
12 Month-10.35%
2 Year-3.65%
3 Year5.91%
5 Year28.96%
10 Year108.47%
15 Year233.3%
Volatility
ATR(14)1.51
ATR(20)%2.19%
ATR Inc-53.1%
Range Today0.69
ADR(20)1.28
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.83
Mansfield-0.67
10 Day High70.98
10 Day Low66.16
20 Day High72.69
20 Day Low66.16
52 Week High87.68
52 Week Low61.24
CS1 End70.37
CR1 Start70.42
Volume & EV
DER(3)1.57%
DER(5)2.34%
Volume3.96M
Volume Incr-20.75%
Vol(5)4.27M
Vol(50)5.73M