AZZ INC (AZZ) Technical Analysis
NYSE:AZZ • US0024741045
Current stock price
AZZ Technical Rating and Analysis
Taking everything into account, AZZ scores 8 out of 10 in our technical rating. In the last year, AZZ was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month AZZ has a been trading in the 118.42 - 135.24 range, which is quite wide. It is currently trading near the lows of this range.
- 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.
- Looking at the yearly performance, AZZ did better than 87% of all other stocks. On top of that, AZZ also shows a nice and consistent pattern of rising prices.
- AZZ is part of the Building Products industry. There are 42 other stocks in this industry. AZZ outperforms 92% 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.
AZZ Weekly and Daily overview Charts
AZZ Setup Rating and Analysis
Besides having an excellent technical rating, AZZ also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 120.22, a Stop Loss order could be placed below this zone.
More info and screens
AZZ Support and Resistance Analysis
81.78
When analyzing the support we can see 4 important areas.
- A support zone ranging from 118.98 to 120.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @112.00 from a horizontal line in the daily time frame.
- Support @106.69 from a trend line in the daily time frame.
- Support @82.61 from a trend line in the weekly time frame.
AZZ Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for AZZ is neutral. |
| ChartMill Relative Strength | 87.13 | POSITIVE | AZZ has a high relative strength, it outperformed 87.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AZZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AZZ is below 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) | 44.26 | NEUTRAL | The RSI value for AZZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests AZZ has a negative trend. |
| Stochastics (14,3) | 60.01 | NEUTRAL | The Stochastics value for AZZ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for AZZ suggests some volalility. |
| Average Directional Index/ADX (14) | 19.93 | NEGATIVE | The low ADX value for AZZ suggests a weak or negative trend. |
AZZ Chart- and CandleStick Pattern Analysis
AZZ 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 128.47 | 118.97 | 9.50 (7.39%) | 13.52% |
| An entry @128.47. This is a Buy Stop order right above the 10 day high. | An exit @118.97. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 9.50 points, which is 7.39%. | For a 1.00% total portfolio risk, you can invest 13.52% of your capital in this trade. |
- 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 Technicals: Chart, Performance Metrics, Trend & Indicators
122.72
-0.57 (-0.46%)
AZZ INC / AZZ TA FAQ
What is the ChartMill technical rating of AZZ INC (AZZ) stock?
ChartMill assigns a technical rating of 8 / 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 44.2569. 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 neutral.
What is the support and resistance level for AZZ stock?
AZZ INC (AZZ) has a support level at 120.22. Check the full technical report for our detailed analysis of AZZ support and resistance levels.