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Specialty Stores Industry Stocks Technical Analysis - AZOArchive - 3/21/2025 - Sign In to see current Signals. |
AutoZone Inc. (AZO) Technical Analysis
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| Summary:
| | Weekly :   | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the AutoZone Inc. (AZO). During the week, the AZO gained 51.00 points, or 1.43%, and closed at 3606.00 on Friday, March 21, 2025. AZO was trading at average weekly trading volume. 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 uptrend had started on July 20, 2017 at 491.13 and reached 3704.00 on March 10, 2025. AZO gained -3212.87 points, or -654.18%, in 398 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (1031.92) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See AZO medium-term trend chart] A medium-term uptrend had started on March 23, 2020 at 684.91 and reached 3704.00 on March 10, 2025. AZO gained -3019.09 points, or -440.80%, in 259 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 3303.77 and resistance is at 3756.15. 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 Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 above its signal line since December 6, 2024. This is an indication that the medium-term trend is up. 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 September 24, 2024 at 2898.57 and reached 3704.00 on March 10, 2025. AZO gained -805.43 points, or -27.79%, in 167 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 3309.03 and resistance is at 3711.34. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See AZO daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Consumer Discretionary |
2 |
Industry |
Specialty Stores |
87 |
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Daily Trend |
Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Channel |
Low |
3162.00 |
Low Date |
01/16/2025 |
High |
3704.00 |
High Date |
03/10/2025 |
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Weekly Trend |
|
Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Valid |
Resistance |
3711.34 |
Support |
3309.03 |
Low |
2898.57 |
Low Date |
09/24/2024 |
High |
3704.00 |
High Date |
03/10/2025 |
|
Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Channel |
Status |
Broken Resistance |
Resistance |
3545.50 |
Support |
3213.91 |
Low |
2728.97 |
Low Date |
06/03/2024 |
High |
3704.00 |
High Date |
03/10/2025 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Channel |
Status |
Valid |
Resistance |
3756.15 |
Support |
3303.77 |
Low |
684.91 |
Low Date |
03/23/2020 |
High |
3704.00 |
High Date |
03/10/2025 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Broken Resistance |
Resistance |
2601.86 |
Support |
1031.92 |
Low |
491.13 |
Low Date |
07/20/2017 |
High |
3704.00 |
High Date |
03/10/2025 |
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