AZENTA INC (AZTA) Stock Technical Analysis
NASDAQ:AZTA • US1143401024
Overall AZTA gets a technical rating of 0 out of 10. AZTA 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, AZTA is a bad performer in the overall market: 89% of all stocks are doing better.
- AZTA is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 73% of 58 stocks in the same industry do better.
- AZTA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month AZTA has a been trading in the 27.00 - 40.22 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of AZTA 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
27.60
2 important resistance areas can be observed.
- Resistance @30.45 from a horizontal line in the daily time frame.
- Resistance @38.69 from a trend 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 | DOWN | NEGATIVE | The long term trend for AZTA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AZTA is down. |
| ChartMill Relative Strength | 11.53 | NEGATIVE | AZTA has a low relative strength, it was outperformed by 88.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AZTA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AZTA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AZTA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.63 | NEUTRAL | The RSI value for AZTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests AZTA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.35 | OVERSOLD | The low Stochastics value suggests AZTA may be oversold. |
| Average True Range in percent/ATR (20) | 7.1 | HIGH VOLATILITY | The high ATR as a percentage value for AZTA suggests high volalility. |
| Average Directional Index/ADX (14) | 38.64 | POSITIVE | The high ADX value value for AZTA suggests a strong trend. |
27.88
-0.3 (-1.06%)
AZENTA INC / AZTA FAQ
Can you provide the ChartMill technical rating for AZENTA INC?
ChartMill assigns a technical rating of 0 / 10 to AZTA.
What is the current trend direction of AZENTA INC (AZTA) stock?
The current trend direction for AZENTA INC (AZTA) is Bearish.
What is the RSI signal for AZENTA INC (AZTA) stock?
AZENTA INC (AZTA) has an RSI value of 31.6302. This indicates that the stock is currently neutral.
What is the short term momentum for AZTA stock?
The short term momentum for AZENTA INC (AZTA) is negative.
What is the buy/sell signal for AZENTA INC (AZTA) stock?
The buy/sell signal for AZENTA INC (AZTA) is sell as both the short term and long term trends are negative.