AUTOZONE INC (AZO) Stock Technical Analysis
NYSE:AZO - US0533321024 - Common Stock
4110.61 USD
-17.08 (-0.41%)
4110.61 USD
0 (0%)
Taking everything into account, AZO scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AZO has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that AZO is one of the better performing stocks in the market, outperforming 79% of all stocks. We also observe that the gains produced by AZO over the past year are nicely spread over this period.
AZO is part of the Specialty Retail industry. There are 124 other stocks in this industry. AZO outperforms 72% of them.
AZO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month AZO has a been trading in the 3754.42 - 4187.39 range, which is quite wide. It is currently trading near the high of this range.
Although AZO 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
3,406.98
4,199.68
We found 5 important support areas.
- Support @3926.55 from a trend line in the daily time frame.
- A support zone ranging from 3757.33 to 3846.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3609.49 to 3680.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3545.65 from a horizontal line in the daily time frame.
- A support zone ranging from 3441.39 to 3474.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4110.62 to 4158.10. 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 AZO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AZO is up. |
| ChartMill Relative Strength | 79.43 | POSITIVE | AZO has a high relative strength, it outperformed 79.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AZO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AZO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AZO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.23 | NEUTRAL | The RSI value for AZO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 5.48 | POSITIVE | The MACD value suggests AZO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.12 | OVERBOUGHT | The high Stochastics value suggests AZO may be overbought. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for AZO suggests low volalility. |
| Average Directional Index/ADX (14) | 34.37 | POSITIVE | The high ADX value value for AZO suggests a strong 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)
4110.61
-17.08 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.41%
1 Week2.59%
2 Weeks1.87%
1 Month7.58%
3 Month7.43%
6 Month22.01%
12 Month31.51%
2 Year62.39%
3 Year93.97%
5 Year243.61%
10 Year474.12%
15 Year1859.49%
Volatility
ATR(14)61.95
ATR(20)%1.72%
ATR Inc-7.5%
Range Today68.43
ADR(20)67.44
ADR(20)%1.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.43
Mansfield0.79
10 Day High4187.39
10 Day Low3974.09
20 Day High4187.39
20 Day Low3754.42
52 Week High4187.39
52 Week Low2898.57
CS1 End3926.55
CR1 Start4110.62
Volume & EV
DER(3)-0.39%
DER(5)-0.28%
Volume119.30K
Volume Incr3.83%
Vol(5)116.76K
Vol(50)130.57K