AUTOZONE INC (AZO) Stock Technical Analysis
NYSE:AZO - New York Stock Exchange, Inc. - US0533321024 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to AZO. In the last year, AZO was one of the better performers, but we do observe some doubts in the very recent evolution.
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, AZO did better than 82% of all other stocks. On top of that, AZO also shows a nice and consistent pattern of rising prices.
AZO is part of the Specialty Retail industry. There are 120 other stocks in this industry. AZO outperforms 73% of them.
AZO 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 AZO is lagging the market slightly.
In the last month AZO has a been trading in a tight range between 3295.09 and 3484.42.
AZO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 3340.77, a Stop Loss order could be placed below this zone.
More info and screens
2,951.38
3,508.82
3 important support areas can be observed.
- A support zone ranging from 3296.09 to 3340.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3145.54 to 3215.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2981.19 to 3020.66. 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 3404.12 to 3474.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.97
Mansfield0.09
10 Day High3478
10 Day Low3359.5
20 Day High3484.42
20 Day Low3295.09
52 Week High3484.42
52 Week Low2708.09
Performance
1 Week-2.9%
2 Weeks-2.82%
1 Month-0.14%
3 Month8.7%
6 Month7.78%
12 Month22.23%
2 Year35.49%
3 Year80.8%
5 Year226.29%
10 Year424.21%
15 Year1930.36%
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)-11.25
RSI(14)49.08
LBB3367.7
UBB3495.62
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 |
|---|---|---|---|
| 3,421.14 | 3,359.49 | 61.65 (1.80%) | 25.00% |
| An entry @3421.14. This is a Buy Stop order right above the 10 day moving average. | An exit @3359.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 61.65 points, which is 1.80%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.45%. |
- The distance between exit and entry is rather small compared to the average daily movement of AZO. Please evaluate whether better entry and exit points can be found.
- 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.
3368.98
-37.68 (-1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-1.11%
1 Week-2.9%
2 Weeks-2.82%
1 Month-0.14%
3 Month8.7%
6 Month7.78%
12 Month22.23%
2 Year35.49%
3 Year80.8%
5 Year226.29%
10 Year424.21%
15 Year1930.36%
Volatility
ATR(14)54.46
ATR(20)%1.68%
ATR Inc-21.13%
Range Today56.4
ADR(20)54.46
ADR(20)%1.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.97
Mansfield0.09
10 Day High3478
10 Day Low3359.5
20 Day High3484.42
20 Day Low3295.09
52 Week High3484.42
52 Week Low2708.09
CS1 End3340.77
CR1 Start3404.12
Volume & EV
DER(3)0.42%
DER(5)0.2%
Volume87.50K
Volume Incr-13.13%
Vol(5)87.34K
Vol(50)113.85K