The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 1/30/2026 -
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AutoZone Inc. (AZO) Technical Analysis

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Summary:
Weekly :Trend resistance at 3724.60
Daily :Lane's Stochastic is overboughtThe price has fallen below the Parabolic SARPrice is near the Fibonacci 23.6% retracement level
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It was a fourth consecutive positive week for the AutoZone Inc. (AZO). During the week, the AZO climbed 4.29 points, or 0.12%, and closed at 3704.29 on Friday, January 30, 2026. Weekly volume was 10% above average.

Long-term trend: [See AZO long-term trend chart]
A long-term downtrend had started on September 11, 2025 at 4388.11 and reached 3210.72 on January 6, 2026. AZO lost 1177.39 points, or 26.83%, in 16 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend resistance line (3724.60). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.

Medium-term trend: [See AZO medium-term trend chart]
A medium-term uptrend had started on January 6, 2026 at 3210.72 and reached 3837.50 on January 29, 2026. AZO gained -626.78 points, or -19.52%, in 3 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 3663.18 and resistance is at 3867.18. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See AZO weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since October 10, 2025. Use the following link to access a MACD help.

Short-term trend: [See AZO short-term trend chart]
A short-term downtrend had started on January 29, 2026 at 3837.50 and reached 3667.00 on January 30, 2026. AZO lost 170.50 points, or 4.44%, in 1 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See AZO daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

The daily MACD line is above its signal line since January 7, 2026.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 73.97
Williams' Percentage Range (W%R) 21.90
Lane's Stochastic (%D-Slow) 82.80
Overbought
Greed/Fear Indicator (GFI) 78.27
Moving Average Converg./Diverg. (MACD) 34.04
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.78
Williams' Percentage Range (W%R) 58.40
Lane's Stochastic (%D-Slow) 35.31
Greed/Fear Indicator (GFI) 43.13
Moving Average Converg./Diverg. (MACD) -46.31
Trading Signals
Description Value Chart
Upper Bollinger Band 3970.30
Monthly Trendline Resistance 3867.18
Parabolic System 3841.34
Daily Stochastic Crossing 3784.51
Quarterly Trendline Resistance 3724.60
Price 3704.29
Monthly Trendline Support 3663.18
50 Day Moving Average 3597.04
20 Day Moving Average 3538.98
Weekly Stochastic Crossing 3483.47
Lower Bollinger Band 3247.64
Quarterly Trendline Support 3087.38
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 7
Industry Specialty Stores 60
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 3837.50
High Date 01/29/2026
Low 3667.00
Low Date 01/30/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 3837.50
High Date 01/29/2026
Low 3667.00
Low Date 01/30/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 3867.18
Support 3663.18
Low 3210.72
Low Date 01/06/2026
High 3837.50
High Date 01/29/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Test Resistance
Resistance 3724.60
Support 3087.38
High 4388.11
High Date 09/11/2025
Low 3210.72
Low Date 01/06/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 491.13
Low Date 07/20/2017
High 4388.11
High Date 09/11/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.