AZENTA INC (AZTA) Stock Technical Analysis
NASDAQ:AZTA - Nasdaq - US1143401024 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to AZTA. In the past year, AZTA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, AZTA is a bad performer in the overall market: 85% of all stocks are doing 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.
AZTA is part of the Life Sciences Tools & Services industry. There are 54 other stocks in this industry, AZTA did better than 43% of them.
In the last month AZTA has a been trading in the 28.46 - 34.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
AZTA has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
26.36
47.64
2 important support areas can be observed.
- Support @28.43 from a trend line in the weekly time frame.
- A support zone ranging from 26.63 to 26.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 33.08 to 33.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @34.16 from a horizontal line in the daily time frame.
- Resistance @47.17 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 | NEUTRAL | NEUTRAL | The short term trend for AZTA is neutral. |
| ChartMill Relative Strength | 15.57 | NEGATIVE | AZTA has a low relative strength, it was outperformed by 84.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AZTA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AZTA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AZTA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.08 | NEUTRAL | The RSI value for AZTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests AZTA has a negative trend. |
| Stochastics (14,3) | 38.42 | NEUTRAL | The Stochastics value for AZTA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.59 | MEDIUM VOLATILITY | The ATR as a percentage value for AZTA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.13 | POSITIVE | The high ADX value value for AZTA 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)
31.32
+0.16 (+0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg0.51%
1 Week-6.9%
2 Weeks-6.23%
1 Month4.07%
3 Month23.41%
6 Month-40.79%
12 Month-41.69%
2 Year-33.67%
3 Year-54.35%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.49
ATR(20)%4.59%
ATR Inc-18.33%
Range Today1.16
ADR(20)1.38
ADR(20)%4.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.57
Mansfield-3.11
10 Day High34.95
10 Day Low30.88
20 Day High34.95
20 Day Low28.46
52 Week High63.58
52 Week Low23.91
CS1 End28.43
CR1 Start33.08
Volume & EV
DER(3)-0.06%
DER(5)-0.08%
Volume567.74K
Volume Incr-42.15%
Vol(5)601.02K
Vol(50)956.54K