Trading Signals: AZO Stock Price Prediction and Forecast

^ AZO: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Mon. May. 16, 2022

Trading Signals: AZO Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Wed. Sep. 27, 2023)

(AutoZone Inc.)
AZO latest price $2023.4900 (1.12%) ($1970.3650 - $2034.4400) on Mon. May. 16, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.18% (three month average)
RSI   36
Latest Price   $2023.4900(1.12%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   AZO advances 0.7% a day on average for past five trading days.
Weekly Trend   AZO declines -2.3% a week on average for past two weeks.
Market Behavior   Growth stock sell-off for large cap. Growth stock sell-off for small cap.
Correlated ETFs   Broad market will support AZO advance at 0% a week (0% probability)
XLP(43%)    SPLV(35%)    XLV(35%)    DIA(33%)    VYM(33%)
Factors Impacting AZO price   AZO will decline at least -1.09% in a week (0% probabilities).
VIXM(-20%)    UUP(-6%)    TLT(-6%)    MCHI(1%)    KWEB(1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.09% (StdDev 2.18%)
Hourly BBV 1.3 ()
Intraday Trend 1.8%

Resistance Level   $2054.78
5 Day Moving Average   $1972.25(2.6%)
10 Day Moving Average   $1981.41(2.12%)
20 Day Moving Average   $2054.78(-1.52%)
To recent high   -10.2%
To recent low   12.8%
Market Cap   $47.244b

AutoZone, Inc. engages in the provision of retail and distribution of automotive replacement parts and accessories. The firm offers ALLDATA, which produces, sells, and maintains diagnostic and repair information software used in the automotive repair industry. The company was founded by Joseph R. Hyde, III on July 4, 1979 and is headquartered in Memphis, TN.

$. AZO price fluctuates within 5.32% (three month std-dev: 2.18%) daily (68% of days).

Sample size 15 Average positive next day return: 0.36%(13%) Average negative next day return: -1.95%(87%) Sample size 15 Average positive next three day return: 2.96%(27%) Average negative next three day return: -4.62%(73%) Sample size 15 Average positive next weekly return: 2.58%(27%) Average negative next weekly return: -6.26%(73%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20220616

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	May_16_2022	2000.61	2054.78	1981.41	1972.25	1972.61	1996.36	2023.49(1.12%)	UT	OpenLong	75	0.5	670	80	806	260	0.13	53%	0.01	-44.2	2.18%	1.3	-0.3	36	2.4
2	May_13_2022	2000.37	2061.95	1978.98	1957.88	1961.13	1968.4	2001.11(2.37%)	UT	OpenLong	75	0.4	435	30	540	118	0.19	53%	-0.01	-47.9	2.15%	1.4	-0.5	35	1.6
3	May_12_2022	2000.51	2070.01	1974.4	1957.66	1954.97	1948.86	1954.76(1.23%)	DP	OpenShort	-75	-0	-196	-30	-194	-202	0.19	52%	-0.04	-47.7	2.15%	-1.1	-1	34	1.6
4	May_11_2022	2001.23	2081.05	1980.23	1961.32	1960.38	1953.87	1930.98(-1.02%)	DT	OpenShort	-75	-0.3	-346	-20	-363	-294	0.17	52%	-0.03	-44.4	2.16%	-1.1	-1.4	29	1.8
5	May_10_2022	2001.84	2093.4	2003.9	1986.04	1973.67	1961.08	1950.89(-0.04%)	DT	OpenShort	-75	-0.3	-328	-60	-344	-279	0.16	49%	-0.02	-35.4	2.15%	-0.8	-1.3	28	2.4

6	May_9_2022	2002.29	2104.33	2027.21	1991.12	1988.49	1966.89	1951.66(-2.42%)	DT	OpenShort	-75	-0.4	-487	-80	-533	-350	0.17	49%	-0.02	-30.1	2.19%	-1	-1.5	35	2
7	May_6_2022	2002.75	2116.76	2050.94	2002.13	1994.7	1986.26	2000(1.36%)	DP	OpenShort	-75	-0	-549	-40	-607	-374	0.17	51%	-0.01	-19.1	2.15%	0.1	-1.2	39	1.4
8	May_5_2022	2002.86	2125.06	2066.59	1993.22	1998.81	2010.1	1973.09(-3.97%)	N/A	N/A	0	-0.2	168	50	238	-44	0.14	51%	-0.04	-17.2	2.16%	-1.3	-1.7	38	1.7
9	May_4_2022	2003.64	2131.25	2092.2	2001.49	1993.01	2003.14	2054.58(3.96%)	RB	SmallLong	20	0.6	171	20	239	-35	0.17	54%	0.03	-15.5	2.11%	3.4	-0.9	42	1
10	May_3_2022	2003.08	2131.54	2111.12	2026.85	2001.4	1987.51	1976.29(-1.51%)	DT	OpenShort	-75	-0.6	-582	-90	-653	-369	0.14	51%	-0	-9.2	2.06%	-0.5	-1.8	34	-0.9

11	May_2_2022	2003.18	2135.07	2134.09	2070.78	2052.56	1982.88	2006.69(2.62%)	DP	OpenShort	-75	-0.8	-1340	-260	-1555	-695	0.18	53%	0	4.9	2.06%	-0.1	-1.6	38	-0.1
12	Apr_29_2022	2003.14	2135.06	2152.14	2108.57	2104.16	2015.28	1955.47(-2.93%)	DT	OpenShort	-75	-1.8	-2849	-300	-3337	-1383	0.28	52%	-0.01	14.5	2.04%	-1.1	-2.1	29	0.2
13	Apr_28_2022	2003.25	2141.01	2175.39	2149.53	2151.54	2122.24	2014.44(-7.65%)	DT	OpenShort	-75	-1.7	-1942	-90	-2279	-929	0.33	57%	0.01	33	2.02%	-1.6	-1.6	39	0.8
14	Apr_27_2022	2002.98	2144.6	2193.12	2193.31	2185.64	2193.04	2181.34(-0.66%)	UD	OpenLong	75	-0.2	96	10	104	73	0.15	65%	0.08	57.3	1.79%	-0.1	0.5	66	0.4
15	Apr_26_2022	2001.36	2139.52	2192.21	2207.85	2199.35	2180.84	2195.94(0.01%)	N/A	N/A	0	-0.2	-73	-70	-104	21	0.22	62%	0.16	71.3	1.79%	1	0.7	71	1.4

16	Apr_25_2022	1998.1	2130.96	2188.73	2208.02	2209.87	2178.24	2195.68(1.64%)	DP	OpenShort	-75	-0.2	-961	-100	-1155	-378	0.16	60%	0.17	74.6	1.82%	0	0.8	73	1.9
17	Apr_22_2022	1994.67	2122.66	2188.1	2203.81	2214.07	2217.85	2160.27(-3.27%)	DT	OpenShort	-75	-0.5	-445	30	-556	-110	0.15	60%	0.15	77.2	1.83%	-1.6	0.5	75	1.1
18	Apr_21_2022	1991.66	2115.63	2188.27	2204.68	2208.54	2241.5	2233.31(-0.92%)	UD	OpenLong	75	0.4	1039	110	1182	608	0.12	63%	0.22	80.1	1.79%	0.3	1.4	70	1.3
19	Apr_20_2022	1987.26	2102.6	2172.78	2192.3	2190.37	2210.29	2254.03(2.61%)	UT	OpenLong	75	0.8	1134	60	1296	648	0.16	63%	0.23	76.2	1.78%	1.7	1.8	69	0.7
20	Apr_19_2022	1982.76	2087.13	2151.8	2175.18	2171.82	2175.59	2196.79(1.02%)	UT	OpenLong	75	0.3	216	10	220	202	0.12	61%	0.19	74	1.76%	1.9	1.4	63	0.8

21	Apr_18_2022	1979.06	2074.31	2134.5	2167.52	2167.73	2170.44	2174.65(0.46%)	UT	OpenLong	75	0.1	37	10	11	113	0.14	58%	0.19	74.8	1.77%	0.7	1.2	68	1
22	Apr_14_2022	1975.35	2063.22	2115.52	2170.7	2170.95	2168.05	2164.6(-0.31%)	UD	OpenLong	75	-0.1	76	-10	59	128	0.09	58%	0.16	80.4	1.82%	0.4	1.2	66	1.5
23	Apr_13_2022	1972.16	2052.24	2103.53	2168.9	2172.45	2165.03	2171.43(0.14%)	UD	OpenLong	65	0	5	-20	-27	99	0.13	58%	0.15	87.6	1.82%	0.7	1.5	68	1.5
24	Apr_12_2022	1969.15	2041.89	2092.28	2149.16	2159.99	2173.84	2168.44(0.46%)	UT	OpenLong	75	0.2	332	60	359	252	0.14	60%	0.16	87.7	1.82%	-0.7	1.6	71	1
25	Apr_11_2022	1966.02	2029.5	2082.35	2123.78	2128.95	2179.87	2158.48(-1.46%)	UD	OpenLong	75	0.4	1366	170	1576	736	0.19	60%		82.6	1.85%	0	1.6	72	0.1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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