AZZ INC (AZZ)

US0024741045 - Common Stock

75.02  +0.8 (+1.08%)

After market: 75.02 0 (0%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to AZZ. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

AZZ is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that AZZ is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by AZZ over the past year are nicely spread over this period.
AZZ is part of the Building Products industry. There are 43 other stocks in this industry. AZZ outperforms 95% of them.
AZZ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AZZ is performing more or less in line with the market.
Weekly and Daily overview Charts
AZZ Weekly chart
AZZ Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, AZZ also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 72.63, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AZZ 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.
Support and Resistance Analysis

38.12

83.76

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 70.50 to 72.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @38.51 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 75.24 to 76.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 82.06 to 82.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.2
Mansfield2.67
10 Day High84.52
10 Day Low70.39
20 Day High84.52
20 Day Low70.39
52 Week High84.52
52 Week Low34.59
Performance
1 Week4.94%
2 Weeks0.29%
1 Month-4.58%
3 Month15.59%
6 Month56.59%
12 Month104.97%
2 Year67.61%
3 Year40.25%
5 Year78.28%
10 Year68.55%
15 Year331.77%
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)
Technical Indicators
MACD(12,26,9)-0.53
RSI(14)49.17
LBB68.53
UBB82.12
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
76.4070.495.91 (7.74%)12.93%
An entry @76.40. This is a Buy Stop order right above the resistance zone.An exit @70.49. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 5.91 points, which is 7.74%.When investing 12.93% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AZZ Daily chart

AZZ INC

NYSE:AZZ (5/3/2024, 7:04:00 PM)

After market: 75.02 0 (0%)

75.02

+0.8 (+1.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg1.08%
1 Week4.94%
2 Weeks0.29%
1 Month-4.58%
3 Month15.59%
6 Month56.59%
12 Month104.97%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.48
ATR(20)%4.28%
ATR Inc
Range Today2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High84.52
10 Day Low70.39
20 Day High84.52
20 Day Low70.39
52 Week High84.52
52 Week Low34.59
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume410.10K
Volume Incr140.45%
Vol(5)863.64K
Vol(50)300.67K