GRANITE YIELDBOOST AMZN ETF (AZYY) Stock Technical Analysis
USA - NASDAQ:AZYY - US38747R3223 - ETF
Overall AZYY gets a technical rating of 4 out of 10. In the last year, AZYY was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, AZYY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 23.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.35, a Stop Loss order could be placed below this zone.
More info and screens
22.64
We found 1 important support area.
- A support zone ranging from 22.87 to 23.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 23.73 to 23.73. 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 AZYY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AZYY is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | AZYY has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AZYY is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 51.86 | NEUTRAL | The RSI value for AZYY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.76 | NEGATIVE | The MACD value suggests AZYY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 70.55 | NEUTRAL | The Stochastics value for AZYY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.48 | LOW VOLATILITY | The low ATR as a percentage value for AZYY suggests low volalility. |
| Average Directional Index/ADX (14) | 30.51 | POSITIVE | The high ADX value value for AZYY suggests a strong trend. |
23.7217
+0.4 (+1.7%)
GRANITE YIELDBOOST AMZN ETF / AZYY FAQ
What is the technical rating for AZYY stock?
ChartMill assigns a technical rating of 4 / 10 to AZYY.
What is the current trend direction of GRANITE YIELDBOOST AMZN ETF (AZYY) stock?
The current trend direction for GRANITE YIELDBOOST AMZN ETF (AZYY) is Bullish.
What is the RSI signal for GRANITE YIELDBOOST AMZN ETF (AZYY) stock?
GRANITE YIELDBOOST AMZN ETF (AZYY) has an RSI value of 51.8598. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GRANITE YIELDBOOST AMZN ETF?
The MACD indicator for GRANITE YIELDBOOST AMZN ETF (AZYY) has a value of -0.760182, indicating a bearish trend.
What is the short term momentum for GRANITE YIELDBOOST AMZN ETF (AZYY) stock?
The short term momentum for GRANITE YIELDBOOST AMZN ETF (AZYY) is positive.