The Greedy Trader Weekly Analysis
Sign In Jul 24, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

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.

Archive
- 7/17/2026 -
Sign In to see current Signals.

AutoZone Inc. (AZO) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range and Lane's Stochastic are oversold
Daily :
Move cursor over the icon to see details.

It was the negative week for the AutoZone Inc. (AZO). During the week, the AZO gave back -26.20 points, or -0.85%, and closed at 3046.44 on Friday, July 17, 2026. Weekly volume was -11% below 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 2928.11 on June 1, 2026. AZO lost 1460.00 points, or 33.27%, in 37 weeks. The price is now at the 8.10% retracement level.

Medium-term trend: [See AZO medium-term trend chart]
A medium-term downtrend had started on July 1, 2026 at 3239.14 and reached 2944.52 on July 15, 2026. AZO lost 294.62 points, or 9.10%, in 2 weeks. The chart has formed a Descending Triangle chart pattern. The trend support level is at 2943.12 and resistance is at 3067.64. A Descending Triangle is a variation of triangle formation that has a flat support line and falling resistance line. The lower highs indicate the decreasing demand and give the descending triangle definitive bearish bias. A Descending Triangle usually represents a distribution stage in bearish market. A Descending Triangle is considered to be a continuation pattern, especially in a down trend, but it may also mark a reversal in an uptrend. Use the following link to access a Descending Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Descending Triangle pattern in a medium-term trend.

Weekly Technical Indicators: [See AZO weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is below its signal line since May 8, 2026. This is an indication that the medium-term trend is down. 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 July 15, 2026 at 2944.52 and reached 3124.84 on July 17, 2026. AZO gained -180.32 points, or -6.12%, in 2 days. The price is now at the 43.48% retracement level.

Daily Technical Indicators: [See AZO daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since July 15, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 44.96
Williams' Percentage Range (W%R) 55.10
Lane's Stochastic (%D-Slow) 38.88
Greed/Fear Indicator (GFI) 42.92
Moving Average Converg./Diverg. (MACD) -35.48
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 36.61
Williams' Percentage Range (W%R) 84.40
Oversold
Lane's Stochastic (%D-Slow) 19.87
Oversold
Greed/Fear Indicator (GFI) 25.52
Moving Average Converg./Diverg. (MACD) -132.97
Trading Signals
Description Value Chart
Upper Bollinger Band 3217.50
50 Day Moving Average 3162.13
Parabolic System 3155.43
20 Day Moving Average 3071.92
Monthly Trendline Resistance 3067.64
Price 3046.44
Weekly Stochastic Crossing 3039.19
Daily Stochastic Crossing 3013.92
Monthly Trendline Support 2943.12
Lower Bollinger Band 2934.64
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 6
Industry Specialty Stores 42
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 2944.52
Low Date 07/15/2026
High 3124.84
High Date 07/17/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 2944.52
Low Date 07/15/2026
High 3124.84
High Date 07/17/2026
Description Value
Direction Down
Chart Pattern Descending Triangle
Status Valid
Resistance 3067.64
Support 2943.12
High 3239.14
High Date 07/01/2026
Low 2944.52
Low Date 07/15/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 3887.03
High Date 02/13/2026
Low 2928.11
Low Date 06/01/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 4388.11
High Date 09/11/2025
Low 2928.11
Low Date 06/01/2026
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.