NYSE:AZO - New York Stock Exchange, Inc. - US0533321024 - Common Stock - Currency: USD
Overall AZO gets a technical rating of 10 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, AZO is showing a nice and steady performance.
Besides having an excellent technical rating, AZO 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 3596.29, a Stop Loss order could be placed below this zone.
2,892.31
When analyzing the support we can see 4 important areas.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
3,828.12 | 3,462.04 | 366.08 (9.56%) | 10.46% |
An entry @3828.12. This is a Buy Stop order right above the resistance zone. | An exit @3462.04. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 366.08 points, which is 9.56%. | When investing 10.46% of your capital in this trade, your total portfolio risk will be 1.00%. |
3603.47
+36.61 (+1.03%)