| AZO latest price $1970.7400 (2.43%) ($1927.0400 - $1977.6000) on Wed. Mar. 16, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 72 |
Latest Price | $1970.7400(2.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AZO advances 0.9% a day on average for past five trading days. |
Weekly Trend | AZO advances 1.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support AZO advance at 0% a week (0% probability) XLP(42%) XLV(37%) SPLV(36%) DIA(35%) VYM(34%) |
Factors Impacting AZO price | AZO will decline at least -0.875% in a week (0% probabilities). VIXM(-24%) UUP(-10%) TLT(-4%) EDOC(-3%) VXX(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.875% (StdDev 1.75%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.3% |
| |
|
|