Londinia Opportunities Analyses - 11/20/2024 (GMT) AZZ INC. - 1H

- USD (-)

- 15 min delayed data - NYSE Stocks

Type:	Stocks
Ticker:	AZZ
ISIN:

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 86.56 USD

My targets

88.64 USD (+1.60%)

90.12 USD (+3.30%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AZZ INC. as long as the price remains well above 86.56 USD. The buyers' bullish objective is set at 88.64 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 90.12 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.6

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.

Additional analysis

Quotes

The AZZ INC. rating is 87.24 USD. The price has increased by +0.37% since the last closing and was traded between 86.00 USD and 87.75 USD over the period. The price is currently at +1.44% from its lowest and -0.58% from its highest.

86.00

87.75

87.24

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

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

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Bearish doji star

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	83.95	85.08	86.56	87.24
Change (%)	-3.77%	-2.48%	-0.78%	-
Change	-3.29	-2.16	-0.68	-
Level	Intermediate	Intermediate	Major	-

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	81.85	82.89	84.91	85.95	87.97	89.01	91.03
Camarilla	86.08	86.36	86.64	86.92	87.20	87.48	87.76
Woodie	82.33	83.14	85.39	86.20	88.45	89.26	91.51
Fibonacci	82.89	84.06	84.78	85.95	87.12	87.84	89.01

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	77.10	79.96	81.44	84.30	85.78	88.64	90.12
Camarilla	81.74	82.13	82.53	82.93	83.33	83.73	84.12
Woodie	76.42	79.62	80.76	83.96	85.10	88.30	89.44
Fibonacci	79.96	81.62	82.64	84.30	85.96	86.98	88.64

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	64.48	69.44	72.81	77.77	81.14	86.10	89.47
Camarilla	73.89	74.65	75.42	76.18	76.94	77.71	78.47
Woodie	63.69	69.04	72.02	77.37	80.35	85.70	88.68
Fibonacci	69.44	72.62	74.59	77.77	80.95	82.92	86.10

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):	65.99
MACD (12,26,9):	0.7300
Directional Movement:	12.42
AROON (14):	50.00
DEMA (21):	86.36
Parabolic SAR (0,02-0,02-0,2):	85.46
Elder Ray (13):	0.98
Super Trend (3,10):	84.67
Zig ZAG (10):	86.86
VORTEX (21):	1.1500
Stochastique (14,3,5):	76.63
TEMA (21):	86.89
Williams %R (14):	-23.36
Chande Momentum Oscillator (20):	1.66
Repulse (5,40,3):	0.5100
ROCnROLL:	1
TRIX (15,9):	0.0800
Courbe Coppock:	5.73

MA7:	84.92
MA20:	81.60
MA50:	80.60
MA100:	79.55
MAexp7:	86.53
MAexp20:	85.53
MAexp50:	84.62
MAexp100:	83.33
Price / MA7:	+2.73%
Price / MA20:	+6.91%
Price / MA50:	+8.24%
Price / MA100:	+9.67%
Price / MAexp7:	+0.82%
Price / MAexp20:	+2.00%
Price / MAexp50:	+3.10%
Price / MAexp100:	+4.69%

Quotes : - 15 min delayed data - Actions NYSE

News

The last news published on AZZ INC. at the time of the generation of this analysis was as follows: