AUTOZONE INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	AZO
ISIN:

AUTOZONE INC. - 1H - Technical analysis published on 09/23/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

44%

33%

My opinion

Bearish under 3,046.49 USD

My targets

2,997.15 USD (-0.76%)

2,841.76 USD (-5.91%)

My analysis

The bearish trend is currently very strong for AUTOZONE INC.. As long as the price remains below the resistance at 3,046.49 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 2,997.15 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 2,841.76 USD as an objective. Crossing it would then enable sellers to target 2,735.40 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

6.8

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

AUTOZONE INC. rating 3,020.21 USD. The price registered a decrease of -0.02% on the session and was between 3,013.05 USD and 3,042.65 USD. This implies that the price is at +0.24% from its lowest and at -0.74% from its highest.

3,013.05

3,042.65

3,020.21

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following result:

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this AUTOZONE INC. chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 6 are neutral and 8 are bearish. The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2,735.40	2,841.76	2,997.15	3,020.21	3,046.49	3,090.92	3,108.29
Change (%)	-9.43%	-5.91%	-0.76%	-	+0.87%	+2.34%	+2.92%
Change	-284.81	-178.45	-23.06	-	+26.28	+70.71	+88.08
Level	Major	Minor	Minor	-	Minor	Minor	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,946.86	2,975.98	2,998.32	3,027.44	3,049.78	3,078.90	3,101.24
Camarilla	3,006.51	3,011.23	3,015.94	3,020.66	3,025.38	3,030.09	3,034.81
Woodie	2,943.47	2,974.29	2,994.93	3,025.75	3,046.39	3,077.21	3,097.85
Fibonacci	2,975.98	2,995.64	3,007.78	3,027.44	3,047.10	3,059.24	3,078.90

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,812.11	2,908.61	2,964.63	3,061.13	3,117.15	3,213.65	3,269.67
Camarilla	2,978.72	2,992.70	3,006.68	3,020.66	3,034.64	3,048.62	3,062.60
Woodie	2,791.88	2,898.49	2,944.40	3,051.01	3,096.92	3,203.53	3,249.44
Fibonacci	2,908.61	2,966.87	3,002.86	3,061.13	3,119.39	3,155.38	3,213.65

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,947.83	3,015.57	3,098.53	3,166.27	3,249.23	3,316.97	3,399.93
Camarilla	3,140.04	3,153.85	3,167.67	3,181.48	3,195.29	3,209.11	3,222.92
Woodie	2,955.43	3,019.38	3,106.13	3,170.08	3,256.83	3,320.78	3,407.53
Fibonacci	3,015.57	3,073.14	3,108.71	3,166.27	3,223.84	3,259.41	3,316.97

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):	42.47
MACD (12,26,9):	-18.5700
Directional Movement:	-3.54
AROON (14):	-92.86
DEMA (21):	3,021.77
Parabolic SAR (0,02-0,02-0,2):	3,047.18
Elder Ray (13):	-1.07
Super Trend (3,10):	3,066.78
Zig ZAG (10):	3,035.71
VORTEX (21):	0.8200
Stochastique (14,3,5):	21.40
TEMA (21):	3,012.07
Williams %R (14):	-73.92
Chande Momentum Oscillator (20):	-24.26
Repulse (5,40,3):	-0.7600
ROCnROLL:	2
TRIX (15,9):	-0.0900
Courbe Coppock:	2.92

MA7:	3,065.48
MA20:	3,120.62
MA50:	3,102.34
MA100:	2,989.58
MAexp7:	3,024.43
MAexp20:	3,046.05
MAexp50:	3,073.83
MAexp100:	3,098.19
Price / MA7:	-1.48%
Price / MA20:	-3.22%
Price / MA50:	-2.65%
Price / MA100:	+1.02%
Price / MAexp7:	-0.14%
Price / MAexp20:	-0.85%
Price / MAexp50:	-1.74%
Price / MAexp100:	-2.52%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on AUTOZONE 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.

About author

Londinia AI

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