AUTOZONE INC (AZO)

US0533321024 - Common Stock

2983.33  +37.35 (+1.27%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to AZO. In the last year, AZO was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

AZO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
AZO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AZO is performing more or less in line with the market.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When compared to the yearly performance of all other stocks, AZO outperforms 66% of them, which is more or less in line with the market.
AZO is an average performer in the Specialty Retail industry, it outperforms 65% of 126 stocks in the same industry.
Weekly and Daily overview Charts
AZO Weekly chart
AZO Daily chart
Setup Rating and Analysis

3

AZO has an average technical rating and it also does not offer a high quality setup 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.

Support and Resistance Analysis

2,450.37

3,271.71

5 important support areas can be observed.

  • A support zone ranging from 2951.32 to 2957.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 2672.35 to 2718.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2605.51 from a trend line in the weekly time frame.
  • A support zone ranging from 2521.28 to 2550.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2475.12 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 3239.32 to 3239.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.25
Mansfield0.03
10 Day High3007.56
10 Day Low2851.42
20 Day High3198.49
20 Day Low2851.42
52 Week High3256.37
52 Week Low2277.88
Performance
1 Week-1.33%
2 Weeks-0.55%
1 Month-6.53%
3 Month5.96%
6 Month20.43%
12 Month10.61%
2 Year50.65%
3 Year101.21%
5 Year186.49%
10 Year451.8%
15 Year1670.53%
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)
Technical Indicators
MACD(12,26,9)-8.42
RSI(14)40.77
LBB2890.87
UBB3045.08
AZO Daily chart

AUTOZONE INC

NYSE:AZO (4/29/2024, 12:52:17 PM)

2983.33

+37.35 (+1.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg1.27%
1 Week-1.33%
2 Weeks-0.55%
1 Month-6.53%
3 Month5.96%
6 Month20.43%
12 Month10.61%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)57.97
ATR(20)%1.87%
ATR Inc
Range Today42.59
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3007.56
10 Day Low2851.42
20 Day High3198.49
20 Day Low2851.42
52 Week High3256.37
52 Week Low2277.88
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume73.53K
Volume Incr12.41%
Vol(5)146.42K
Vol(50)152.10K