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Downtrend Broken Resist.Archive
- 5/22/2026 -
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AutoZone Inc. (AZO) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a first positive week for the AutoZone Inc. (AZO). During the week, the AZO gained 85.35 points, or 2.57%, and closed at 3406.50 on Friday, May 22, 2026. Weekly volume was 121% above average.
AZO is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 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 Symmetric Triangle chart pattern. The trend support level is at 3342.06 and resistance is at 3568.59. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a long-term trend.
 Medium-term trend: [See AZO medium-term trend chart]
A medium-term downtrend had started on May 1, 2026 at 3729.82 and reached 3280.00 on May 18, 2026. AZO lost 449.82 points, or 12.06%, in 2 weeks. The price is now at the 28.12% retracement level.
 Weekly Technical Indicators: [See AZO weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since May 8, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
 Short-term trend: [See AZO short-term trend chart]
A short-term uptrend had started on May 18, 2026 at 3280.00 and reached 3496.76 on May 22, 2026. AZO gained -216.76 points, or -6.61%, in 4 days. The price is now at the 41.64% retracement level.
Daily Technical Indicators: [See AZO daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. 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 below its signal line since May 4, 2026. The distance between MACD and the signal line is low and getting smaller.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.
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