AZIYO BIOLOGICS INC-CLASS A (AZYO) Stock Technical Analysis
NASDAQ:AZYO - Nasdaq - US05479K1060 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to AZYO. AZYO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, AZYO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.62. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.37, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AZYO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.33
We found 1 important support area.
- A support zone ranging from 1.34 to 1.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 1.62 to 1.64. This zone is formed by a combination of multiple trend lines in the daily 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 AZYO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AZYO is down. |
| ChartMill Relative Strength | 4.64 | NEGATIVE | AZYO has a low relative strength, it was outperformed by 95.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AZYO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AZYO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AZYO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41 | NEUTRAL | The RSI value for AZYO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests AZYO has a positive trend. |
| Stochastics (14,3) | 51.35 | NEUTRAL | The Stochastics value for AZYO is a neutral value. |
| Average True Range in percent/ATR (20) | 9.4 | HIGH VOLATILITY | The high ATR as a percentage value for AZYO suggests high volalility. |
| Average Directional Index/ADX (14) | 37.18 | POSITIVE | The high ADX value value for AZYO suggests a strong trend. |
NASDAQ:AZYO (9/6/2023, 8:00:01 PM)
1.49
+0.03 (+2.05%)