| AZO latest price $2161.3600 (1.12%) ($2110.3400 - $2170.5300) on Mon. Aug. 1, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 51 |
Latest Price | $2161.3600(1.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AZO advances 0.2% a day on average for past five trading days. |
Weekly Trend | AZO declines -1.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support AZO advance at 0% a week (0% probability) XLP(32%) XLV(30%) SPLV(26%) VYM(24%) DIA(23%) |
Factors Impacting AZO price | AZO will decline at least -1.125% in a week (0% probabilities). VIXM(-11%) KWEB(-8%) MCHI(-7%) FXI(-6%) TLT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.125% (StdDev 2.25%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2% |
| |
|
|