The Greedy Trader Weekly Analysis
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- 5/23/2025 -
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AutoZone Inc. (AZO) Technical Analysis

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Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is strongly overboughtMACD bearish divergenceTrend resistance at 3851.07
Daily :Williams' Percentage Range and Lane's Stochastic are overbought
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It was a second consecutive positive week for the AutoZone Inc. (AZO). During the week, the AZO gained 40.04 points, or 1.06%, and closed at 3826.46 on Friday, May 23, 2025. AZO was trading at average weekly trading volume.

Long-term trend: [See AZO long-term trend chart]
A long-term uptrend had started on July 20, 2017 at 491.13 and reached 3917.00 on April 3, 2025. AZO gained -3425.87 points, or -697.55%, in 402 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (1043.80) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 3917.00 on April 3, 2025. AZO gained -3232.09 points, or -471.90%, in 262 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend resistance line (3851.07). 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 medium-term trend.

Weekly Technical Indicators: [See AZO weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Weekly MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with weekly MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 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. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend 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 September 24, 2024 at 2898.57 and reached 3917.00 on April 3, 2025. AZO gained -1018.43 points, or -35.14%, in 191 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 3458.88 and resistance is at 4126.69. 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 Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help.

The daily MACD line is above its signal line since May 15, 2025. This is an indication that the short-term trend is up.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.05
Williams' Percentage Range (W%R) 15.90
Overbought
Lane's Stochastic (%D-Slow) 87.51
Overbought
Greed/Fear Indicator (GFI) 75.87
Moving Average Converg./Diverg. (MACD) 39.08
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 65.29
Williams' Percentage Range (W%R) 8.20
Strong Overbought
Lane's Stochastic (%D-Slow) 62.67
Greed/Fear Indicator (GFI) 70.74
Moving Average Converg./Diverg. (MACD) 137.48 Bearish
Trading Signals
Description Value Chart
Weekly Trendline Resistance 4126.69
Upper Bollinger Band 3918.12
Daily Stochastic Crossing 3867.33
Quarterly Trendline Resistance 3851.07
Price 3826.46
Parabolic System 3776.87
Weekly Stochastic Crossing 3755.17
20 Day Moving Average 3749.95
50 Day Moving Average 3690.26
Monthly Trendline Resistance 3664.61
Lower Bollinger Band 3594.19
Weekly Trendline Support 3458.88
Quarterly Trendline Support 3398.69
Monthly Trendline Support 3362.58
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 5
Industry Specialty Stores 63
Daily Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Low 3434.00
Low Date 04/07/2025
High 3910.00
High Date 05/21/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 4126.69
Support 3458.88
Low 2898.57
Low Date 09/24/2024
High 3917.00
High Date 04/03/2025
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 3664.61
Support 3362.58
Low 2728.97
Low Date 06/03/2024
High 3917.00
High Date 04/03/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Resistance
Resistance 3851.07
Support 3398.69
Low 684.91
Low Date 03/23/2020
High 3917.00
High Date 04/03/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 2645.91
Support 1043.80
Low 491.13
Low Date 07/20/2017
High 3917.00
High Date 04/03/2025
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.