AZZ INC (AZZ) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AZZ - US0024741045 - Common Stock
We assign a technical rating of 10 out of 10 to AZZ. 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.
Although AZZ has an excellent technical rating, it does not offer a high quality setup 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
4 important support areas can be observed.
- A support zone ranging from 107.18 to 112.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @103.16 from a trend line in the daily time frame.
- Support @81.84 from a trend line in the weekly time frame.
- Support @76.52 from a horizontal 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 | 88.51 | POSITIVE | AZZ has a high relative strength, it outperformed 88.51% 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) | 76.51 | OVERBOUGHT | The high RSI value suggests AZZ may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.86 | POSITIVE | The MACD value suggests AZZ has a positive trend. |
| Stochastics (14,3) | 77.17 | NEUTRAL | The Stochastics value for AZZ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for AZZ suggests some volalility. |
| Average Directional Index/ADX (14) | 21.18 | NEUTRAL | The ADX value for AZZ suggests a possible start of a new trend. |
122.18
+5.14 (+4.39%)
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 76.5092. This indicates that the stock is currently overbought.
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 112. Check the full technical report for our detailed analysis of AZZ support and resistance levels.