AZZ INC (AZZ) Stock Technical Analysis
NYSE:AZZ - New York Stock Exchange, Inc. - US0024741045 - Common Stock - Currency: USD
Overall AZZ gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AZZ is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
AZZ is part of the Building Products industry. There are 42 other stocks in this industry. AZZ outperforms 85% of them.
AZZ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AZZ is lagging the market slightly.
In the last month AZZ has a been trading in the 86.67 - 113.58 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that AZZ is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AZZ has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
75.75
107.10
When analyzing the support we can see 5 important areas.
- A support zone ranging from 98.81 to 99.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 91.90 to 93.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 88.99 to 90.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @82.78 from a trend line in the weekly time frame.
- A support zone ranging from 76.52 to 77.30. 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 AZZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AZZ is up. |
| ChartMill Relative Strength | 85.36 | POSITIVE | AZZ has a high relative strength, it outperformed 85.36% 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) | 77 | OVERBOUGHT | The high RSI value suggests AZZ may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.25 | POSITIVE | The MACD value suggests AZZ has a positive trend. |
| Stochastics (14,3) | 80.5 | OVERBOUGHT | The high Stochastics value suggests AZZ may be overbought. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for AZZ suggests some volalility. |
| Average Directional Index/ADX (14) | 30.82 | POSITIVE | The high ADX value value for AZZ suggests a strong trend. |
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)
106.04
-0.25 (-0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-0.24%
1 Week6.44%
2 Weeks14.33%
1 Month14.71%
3 Month29.63%
6 Month26.63%
12 Month30.22%
2 Year139.21%
3 Year149.27%
5 Year235.78%
10 Year104.91%
15 Year387.2%
Volatility
ATR(14)3.17
ATR(20)%2.67%
ATR Inc207.99%
Range Today2.5
ADR(20)2.69
ADR(20)%2.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.36
Mansfield1.4
10 Day High113.58
10 Day Low92.9
20 Day High113.58
20 Day Low86.67
52 Week High113.58
52 Week Low69.59
CS1 End99.69
CR1 StartN/A
Volume & EV
DER(3)1.49%
DER(5)-0.59%
Volume503.00K
Volume Incr185.61%
Vol(5)609.86K
Vol(50)241.24K