AUTOZONE INC (AZO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AZO - US0533321024 - Common Stock
Taking everything into account, AZO scores 0 out of 10 in our technical rating. AZO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, AZO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3433.18, a Stop Loss order could be placed below this zone.
More info and screens
3,358.42
We found 1 important support area.
- A support zone ranging from 3392.34 to 3433.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 3636.29 to 3750.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3820.58 to 3839.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3954.33 to 3967.95. 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 | DOWN | NEGATIVE | The long term trend for AZO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AZO is down. |
| ChartMill Relative Strength | 27.99 | NEGATIVE | AZO has a low relative strength, it was outperformed by 72.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AZO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AZO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AZO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.17 | NEUTRAL | The RSI value for AZO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -14.13 | NEGATIVE | The MACD value suggests AZO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.61 | OVERSOLD | The low Stochastics value suggests AZO may be oversold. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for AZO suggests some volalility. |
| Average Directional Index/ADX (14) | 38.43 | POSITIVE | The high ADX value value for AZO suggests a strong trend. |
3463.61
+49.8 (+1.46%)
AUTOZONE INC / AZO FAQ
What is the technical rating for AZO stock?
ChartMill assigns a technical rating of 0 / 10 to AZO.
What is the trend direction for AZO stock?
The current trend direction for AUTOZONE INC (AZO) is Bearish.
What is the RSI signal for AZO stock?
AUTOZONE INC (AZO) has an RSI value of 37.1653. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AUTOZONE INC?
The MACD indicator for AUTOZONE INC (AZO) has a value of -14.1264, indicating a bearish trend.
What are the support and resistance levels for AUTOZONE INC (AZO) stock?
AUTOZONE INC (AZO) has a support level at 3433.18 and a resistance level at 3636.29. Check the full technical report for our detailed analysis of AZO support and resistance levels.