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 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of AZO is bad and it also does not present a 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.
More info and screens
3,411.25
We can see 3 important resistance areas.
- A resistance zone ranging from 3680.78 to 3685.95. 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 3783.88 to 3889.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3954.33 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for AZO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AZO is down. |
| ChartMill Relative Strength | 23.72 | NEGATIVE | AZO has a low relative strength, it was outperformed by 76.28% 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) | 27.65 | OVERSOLD | The low RSI value suggests AZO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -47.83 | NEGATIVE | The MACD value suggests AZO has a negative trend. |
| Stochastics (14,3) | 9.34 | OVERSOLD | The low Stochastics value suggests AZO may be oversold. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for AZO suggests some volalility. |
| Average Directional Index/ADX (14) | 29.56 | POSITIVE | The high ADX value value for AZO suggests a strong trend. |
3445.71
-23.39 (-0.67%)
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 27.6513. This indicates that the stock is currently oversold.
Can you provide the MACD signal for AUTOZONE INC?
The MACD indicator for AUTOZONE INC (AZO) has a value of -47.827, indicating a bearish trend.
What are the support and resistance levels for AUTOZONE INC (AZO) stock?
AUTOZONE INC (AZO) has a resistance level at 3680.78. Check the full technical report for our detailed analysis of AZO support and resistance levels.