AZZ INC (AZZ) Stock Technical Analysis
NYSE:AZZ - New York Stock Exchange, Inc. - US0024741045 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to AZZ. 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.
The long and short term trends are both positive. This is looking good!
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 one of the better performing stocks in the Building Products industry, it outperforms 85% of 41 stocks in the same industry.
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 98.69 - 114.49 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
AZZ has an excellent technical rating, but the quality of the setup is only medium 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
75.10
113.97
6 important support areas can be observed.
- A support zone ranging from 106.32 to 106.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @96.23 from a trend line in the daily time frame.
- Support @94.17 from a trend line in the weekly time frame.
- Support @88.99 from a horizontal line in the daily time frame.
- Support @84.44 from a trend line in the weekly time frame.
- A support zone ranging from 75.86 to 76.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 112.00 to 112.84. 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 | 87.43 | POSITIVE | AZZ has a high relative strength, it outperformed 87.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AZZ is below 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) | 57.77 | NEUTRAL | The RSI value for AZZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.93 | NEGATIVE | The MACD value suggests AZZ has a negative trend. |
| Stochastics (14,3) | 23.73 | NEUTRAL | The Stochastics value for AZZ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for AZZ suggests some volalility. |
| Average Directional Index/ADX (14) | 44.89 | 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)
108.44
+1.62 (+1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg1.52%
1 Week-3.9%
2 Weeks-1.88%
1 Month9.75%
3 Month18.53%
6 Month13.49%
12 Month46.6%
2 Year120.86%
3 Year154.49%
5 Year212.24%
10 Year114.31%
15 Year443.02%
Volatility
ATR(14)2.67
ATR(20)%2.96%
ATR Inc-16.12%
Range Today2.06
ADR(20)3.06
ADR(20)%2.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.43
Mansfield1.41
10 Day High114.49
10 Day Low105.14
20 Day High114.49
20 Day Low98.69
52 Week High114.49
52 Week Low70.9
CS1 End106.32
CR1 Start112
Volume & EV
DER(3)0.05%
DER(5)-1.04%
Volume292.19K
Volume Incr-20.76%
Vol(5)300.46K
Vol(50)284.15K