AUTOZONE INC (AZO)

US0533321024 - Common Stock

3253.47  +38.18 (+1.19%)

After market: 3253.47 0 (0%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to AZO. Both in the recent history as in the last year, AZO has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
AZO is part of the Specialty Retail industry. There are 121 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 is also trading in the upper part of its 52 week range, so AZO is performing more or less in line with the market.
When comparing the yearly performance of all stocks, we notice that AZO is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month AZO has a been trading in the 3076.44 - 3416.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
AZO Weekly chart
AZO Daily chart
Setup Rating and Analysis

6

Although AZO has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

2,892.31

3,403.97

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 3160.06 to 3179.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 2981.19 to 3074.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2921.53 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 3370.27 to 3370.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.72
Mansfield-0.1
10 Day High3416.71
10 Day Low3206.16
20 Day High3416.71
20 Day Low3076.44
52 Week High3416.71
52 Week Low2510
Performance
1 Week-3.47%
2 Weeks-1.69%
1 Month6.02%
3 Month7.71%
6 Month8.8%
12 Month24.72%
2 Year31.92%
3 Year55.19%
5 Year173.1%
10 Year425.51%
15 Year1958.25%
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)-7.91
RSI(14)52.8
LBB3153.11
UBB3415.49
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
3,310.133,206.15103.98 (3.14%)25.00%
An entry @3310.13. This is a Buy Stop order right above the 10 day moving average.An exit @3206.15. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 103.98 points, which is 3.14%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.79%.

  • 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.
AZO Daily chart

AUTOZONE INC

NYSE:AZO (12/20/2024, 8:04:00 PM)

After market: 3253.47 0 (0%)

3253.47

+38.18 (+1.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg1.19%
1 Week-3.47%
2 Weeks-1.69%
1 Month6.02%
3 Month7.71%
6 Month8.8%
12 Month24.72%
2 Year31.92%
3 Year55.19%
5 Year173.1%
10 Year425.51%
15 Year1958.25%
Volatility
ATR(14)67.28
ATR(20)%2.01%
ATR Inc-5.04%
Range Today68.1
ADR(20)62.66
ADR(20)%1.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.72
Mansfield-0.1
10 Day High3416.71
10 Day Low3206.16
20 Day High3416.71
20 Day Low3076.44
52 Week High3416.71
52 Week Low2510
CS1 End3179.17
CR1 Start3370.27
Volume & EV
DER(3)-0.81%
DER(5)-0.55%
Volume268.80K
Volume Incr9.39%
Vol(5)161.40K
Vol(50)136.31K