AZZ INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

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Type:	Stocks
Ticker:	AZZ
ISIN:

AZZ INC. - Daily - Technical analysis published on 12/05/2019 (GMT)

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Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Slightly bullish

Technical indicators

78%

17%

My opinion

Bullish above 42.09 USD

My targets

49.18 USD (+11.67%)

51.55 USD (+17.05%)

My analysis

AZZ INC. is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 42.09 USD, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 49.18 USD. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 51.55 USD would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 55.50 USD. Beware of a possible return to under the support located at 42.09 USD which would be the sign of a correction of the bullish excesses registered in the short term.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

FORCE

5.2

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AZZ INC. rating is 44.04 USD. On the day, this instrument gained +14.90% with the lowest point at 41.60 USD and the highest point at 45.50 USD. The deviation from the price is +5.87% for the low point and -3.21% for the high point.

41.60

45.50

44.04

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this AZZ INC. chart shows a slightly bullish trend. 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

In fact, 14 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

White morning star

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	37.74	39.62	42.09	44.04	44.55	49.18	51.55
Change (%)	-14.31%	-10.04%	-4.43%	-	+1.16%	+11.67%	+17.05%
Change	-6.30	-4.42	-1.95	-	+0.51	+5.14	+7.51
Level	Major	Intermediate	Minor	-	Intermediate	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	35.43	36.22	37.28	38.06	39.12	39.91	40.96
Camarilla	37.82	37.99	38.16	38.33	38.50	38.67	38.84
Woodie	35.57	36.29	37.41	38.13	39.25	39.97	41.10
Fibonacci	36.22	36.92	37.36	38.06	38.77	39.20	39.91

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	35.21	36.13	37.05	37.97	38.89	39.81	40.73
Camarilla	37.46	37.63	37.80	37.97	38.14	38.31	38.48
Woodie	35.21	36.13	37.05	37.97	38.89	39.81	40.73
Fibonacci	36.13	36.83	37.27	37.97	38.67	39.11	39.81

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	32.80	34.66	36.31	38.18	39.83	41.69	43.35
Camarilla	37.00	37.33	37.65	37.97	38.29	38.62	38.94
Woodie	32.69	34.61	36.21	38.12	39.73	41.64	43.25
Fibonacci	34.66	36.00	36.83	38.18	39.52	40.35	41.69

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	74.31
MACD (12,26,9):	0.0700
Directional Movement:	32.22
AROON (14):	14.29
DEMA (21):	38.53
Parabolic SAR (0,02-0,02-0,2):	36.49
Elder Ray (13):	4.80
Super Trend (3,10):	38.58
Zig ZAG (10):	44.04
VORTEX (21):	0.9700
Stochastique (14,3,5):	53.21
TEMA (21):	39.11
Williams %R (14):	-16.20
Chande Momentum Oscillator (20):	6.80
Repulse (5,40,3):	6.2500
ROCnROLL:	1
TRIX (15,9):	-0.1500
Courbe Coppock:	0.89

MA7:	38.66
MA20:	38.40
MA50:	39.21
MA100:	41.08
MAexp7:	39.31
MAexp20:	38.65
MAexp50:	39.34
MAexp100:	40.59
Price / MA7:	+13.92%
Price / MA20:	+14.69%
Price / MA50:	+12.32%
Price / MA100:	+7.21%
Price / MAexp7:	+12.03%
Price / MAexp20:	+13.95%
Price / MAexp50:	+11.95%
Price / MAexp100:	+8.50%

News

The latest news and videos published on AZZ INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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