AZZ INC (AZZ) Stock Technical Analysis
NYSE:AZZ • US0024741045
Overall AZZ gets a technical rating of 10 out of 10. Both in the recent history as in the last year, AZZ has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that AZZ is one of the better performing stocks in the market, outperforming 87% of all stocks.
- AZZ is one of the better performing stocks in the Building Products industry, it outperforms 90% of 42 stocks in the same industry.
- AZZ is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month AZZ has a been trading in the 121.25 - 141.18 range, which is quite wide. It is currently trading near the high of this range.
Although AZZ has an excellent technical rating, the quality of the presented setup is not ideal 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
81.71
5 important support areas can be observed.
- A support zone ranging from 133.27 to 134.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @117.32 from a trend line in the daily time frame.
- Support @112.00 from a horizontal line in the daily time frame.
- Support @104.21 from a trend line in the daily time frame.
- Support @82.54 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 | UP | POSITIVE | The long term trend for AZZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AZZ is up. |
| ChartMill Relative Strength | 87.49 | POSITIVE | AZZ has a high relative strength, it outperformed 87.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AZZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AZZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AZZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.45 | NEUTRAL | The RSI value for AZZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests AZZ has a negative trend. |
| Stochastics (14,3) | 62.02 | NEUTRAL | The Stochastics value for AZZ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for AZZ suggests some volalility. |
| Average Directional Index/ADX (14) | 36.57 | POSITIVE | The high ADX value value for AZZ suggests a strong trend. |
134.9
-0.36 (-0.27%)
AZZ INC / AZZ FAQ
What is the ChartMill technical rating of AZZ INC (AZZ) stock?
ChartMill assigns a technical rating of 10 / 10 to AZZ.
What is the current trend direction of AZZ INC (AZZ) stock?
The current trend direction for AZZ INC (AZZ) is Bullish.
What is the RSI signal for AZZ stock?
AZZ INC (AZZ) has an RSI value of 63.4471. This indicates that the stock is currently neutral.
What is the short term momentum for AZZ INC (AZZ) stock?
The short term momentum for AZZ INC (AZZ) is positive.
What is the support and resistance level for AZZ stock?
AZZ INC (AZZ) has a support level at 134.89. Check the full technical report for our detailed analysis of AZZ support and resistance levels.