Trading Signals: AZO Stock Price Prediction and Forecast

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

Wed. Nov. 2, 2022

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

(AutoZone Inc.)
AZO latest price $2478.6800 (-2.22%) ($2478.6800 - $2541.3300) on Wed. Nov. 2, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.61% (three month average)
RSI   70
Latest Price   $2478.6800(-2.22%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   AZO advances 0.4% a day on average for past five trading days.
Weekly Trend   AZO advances 5.2% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support AZO advance at 0% a week (0% probability)
XLP(20%)    XLV(16%)    XME(15%)    ARKK(14%)    UUP(14%)
Factors Impacting AZO price   AZO will decline at least -0.805% in a week (0% probabilities).
MCHI(-13%)    KWEB(-13%)    VWO(-12%)    FXI(-12%)    EEM(-9%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.805% (StdDev 1.61%)
Hourly BBV -2.8 ()
Intraday Trend -2%

5 Day Moving Average   $2522.37(-1.73%)
10 Day Moving Average   $2449.39(1.2%)
20 Day Moving Average   $2357.71(5.13%)
To recent high   -2.5%
To recent low   19%
Market Cap   $57.872b

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 4.98% (three month std-dev: 1.61%) daily (68% of days).

Sample size 50 Average positive next day return: 1.65%(56%) Average negative next day return: -1.18%(44%) Sample size 50 Average positive next three day return: 3.41%(64%) Average negative next three day return: -2.13%(36%) Sample size 50 Average positive next weekly return: 4.25%(66%) Average negative next weekly return: -1.67%(34%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20221202

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	Nov_2_2022	2204.6	2357.71	2449.39	2522.37	2528.84	2524.84	2478.68(-2.22%)	CR	SmallShort	-20	-0.4	-240	-0	-339	57	0.16	64%	0.21	75.5	1.61%	-2.8	1	70	0.5
2	Nov_1_2022	2200.06	2345.86	2431.61	2511.37	2523.13	2539.37	2535(0.08%)	UT	HoldLong	65	0.2	698	60	763	504	0.13	67%	0.24	77	1.58%	-0.8	1.6	79	1.2
3	Oct_31_2022	2194.87	2328.93	2408.65	2492.34	2494.37	2532.83	2532.88(-0.42%)	UD	OpenLong	75	0.4	1199	110	1354	733	0.19	67%	0.22	81.6	1.59%	1	1.8	75	2.2
4	Oct_28_2022	2190.09	2311.6	2383.88	2467.27	2466.5	2506.9	2543.5(0.86%)	UT	HoldLong	65	0.7	2090	110	2405	1144	0.21	67%	0.21	83.9	1.59%	1	2.2	78	1.4
5	Oct_27_2022	2185.58	2291.01	2354.27	2418.78	2425.36	2455.9	2521.77(4.05%)	UT	HoldLong	65	1.1	1700	100	1954	937	0.24	67%	0.2	82.1	1.58%	1.8	2.4	80	1.8

6	Oct_26_2022	2181.2	2272.16	2328.94	2366.19	2373.59	2426.1	2423.68(-0.66%)	UD	OpenLong	75	0.7	1529	160	1763	827	0.12	63%	0.14	82.8	1.52%	0.4	1.9	68	1.3
7	Oct_25_2022	2178.1	2259.06	2310.77	2339.41	2337.15	2394.81	2439.89(1.34%)	UT	OpenLong	75	1.3	2551	170	2973	1286	0.22	63%	0.16	78.9	1.55%	1.2	2.3	66	1.4
8	Oct_24_2022	2174.62	2241.79	2292.34	2312.81	2307.2	2321.08	2407.52(4.63%)	UT	OpenLong	75	1.3	1434	30	1662	749	0.21	63%	0.16	73.7	1.54%	1.7	2.3	68	1.1
9	Oct_21_2022	2171.06	2225.87	2274.09	2289.26	2291.86	2279.5	2301.03(1.87%)	DP	OpenShort	-75	0.2	-391	-30	-481	-119	0.2	55%	0.11	70.9	1.44%	0.4	1.1	62	0.9
10	Oct_20_2022	2168.61	2215.86	2262	2280.09	2292.15	2293.33	2258.83(-1.35%)	DT	OpenShort	-75	-0.3	-266	20	-333	-63	0.2	53%	0.11	59.9	1.46%	-1.7	0.6	65	1.4

11	Oct_19_2022	2166.33	2207.46	2259.2	2284.88	2290.05	2304.22	2289.8(-0.74%)	UD	OpenLong	75	0.1	639	50	726	379	0.13	53%	0.11	56.9	1.46%	-0	1.1	66	0.3
12	Oct_18_2022	2163.98	2198.18	2254.49	2276.11	2277.05	2290.98	2306.86(0.75%)	UT	OpenLong	75	0.4	675	40	766	400	0.16	53%	0.07	53.6	1.47%	1.4	1.5	66	0.6
13	Oct_17_2022	2162.51	2189.09	2244.13	2268.24	2264.95	2275.87	2289.79(1.54%)	UT	OpenLong	75	0.3	515	30	574	336	0.14	53%	0.11	51.9	1.47%	1.7	1.5	71	0.5
14	Oct_14_2022	2160.09	2179.33	2234.79	2256.99	2258.4	2263.13	2255.17(-1.21%)	UD	OpenLong	75	-0	610	20	684	388	0.17	51%	0.11	42.3	1.48%	0.3	1.2	69	0.8
15	Oct_13_2022	2157.76	2174.44	2224.11	2240.7	2240.35	2254.02	2282.76(1.64%)	UT	OpenLong	75	0.7	309	40	331	241	0.19	51%	0.15	34.3	1.47%	1.6	1.8	72	0.2

16	Oct_12_2022	2154.48	2167.04	2211.63	2229.63	2225.07	2253.67	2245.99(-0.95%)	UD	OpenLong	75	0.3	893	80	1017	520	0.16	49%	0.16	28.4	1.46%	-0	1.4	72	0.8
17	Oct_11_2022	2151.02	2161.08	2203.93	2229.52	2220.56	2226.68	2267.51(1.52%)	UT	OpenLong	75	0.7	1034	10	1179	600	0.18	49%	0.22	24.7	1.45%	1.1	2	70	0.6
18	Oct_10_2022	2146.25	2154.1	2187.36	2217.03	2220.56	2196.47	2233.54(2.75%)	DP	OpenShort	-75	0.3	-495	-60	-616	-133	0.14	47%	0.22	20.3	1.45%	0.9	1.6	62	0.6
19	Oct_7_2022	2141.49	2152.61	2173.69	2209.86	2214.3	2214.45	2173.68(-2.41%)	DT	OpenShort	-75	-0.8	-448	10	-560	-113	0.11	43%	0.14	26.7	1.41%	-1.8	0.4	61	0.6
20	Oct_6_2022	2138.56	2153.5	2166.72	2203.51	2211.32	2232.14	2227.43(-0.8%)	UD	OpenLong	75	0.5	1003	80	1152	556	0.14	46%	0.19	28.1	1.38%	0.2	1.5	56	1.1

21	Oct_5_2022	2134.56	2151.14	2152.27	2189.83	2188.71	2214.15	2245.45(1.83%)	UT	OpenLong	75	1.2	1107	80	1282	583	0.16	46%	0.1	28.2	1.38%	2.1	2	60	1.7
22	Oct_4_2022	2132.36	2147.93	2137.41	2174.63	2169.61	2190.51	2205.03(0.33%)	UT	OpenLong	75	0.7	1138	60	1324	579	0.14	43%	0.09	27.8	1.37%	0.9	1.4	58	1.9
23	Oct_3_2022	2130.49	2143.99	2129.24	2153.52	2155.23	2163.26	2197.71(2.6%)	UT	OpenLong	75	1.1	807	30	942	401	0.14	43%	0.1	10.5	1.38%	1.9	1.3	57	0.6
24	Sep_30_2022	2128.46	2139.97	2118.68	2132.71	2136.84	2148.7	2141.93(-0.79%)	UD	OpenLong	75	0.2	245	40	295	95	0.17	37%	0.09	-8.7	1.34%	0.5	0.1	39	-0.2
25	Sep_29_2022	2126.53	2140.12	2120.28	2123.7	2126.45	2147.19	2159.02(-0.48%)	UD	OpenLong	75	0.9	1059	70	1257	463	0.13	37%		-24	1.34%	0.9	0.5	44	0.8
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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