Trading Signals: AZO Stock Price Prediction and Forecast

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

Mon. Jan. 30, 2023

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

(AutoZone Inc.)
AZO latest price $2428.5800 (2.5%) ($2387.3500 - $2442.4400) on Mon. Jan. 30, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.29% (three month average)
RSI   45
Latest Price   $2428.5800(2.5%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   AZO advances 0.9% a day on average for past five trading days.
Weekly Trend   AZO declines -0.4% 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)
BOTZ(24%)    EWI(24%)    PEJ(24%)    EWG(23%)    XLP(23%)
Factors Impacting AZO price   AZO will decline at least -0.645% in a week (0% probabilities).
UUP(-16%)    VXX(-12%)    UNG(-9%)    TLT(-7%)    SHY(-7%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.645% (StdDev 1.29%)
Hourly BBV 0.7 ()
Intraday Trend 1.6%

5 Day Moving Average   $2382.51(1.93%)
10 Day Moving Average   $2360.16(2.9%)
20 Day Moving Average   $2391.82(1.54%)
To recent high   -5.8%
To recent low   4.7%
Market Cap   $56.702b

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 2.03% (three month std-dev: 1.29%) daily (68% of days).

Sample size 10 Average positive next day return: 0.73%(10%) Average negative next day return: -2.05%(90%) Sample size 10 Average positive next three day return: 1.66%(30%) Average negative next three day return: -5.8%(70%) Sample size 10 Average positive next weekly return: 2.61%(30%) Average negative next weekly return: -8.65%(70%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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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	Jan_30_2023	2369.57	2391.82	2360.16	2382.51	2388.24	2400.61	2428.58(2.5%)	UT	OpenLong	75	0.9	576	40	683	256	0.17	42%	0.1	-38.4	1.29%	0.7	0.8	45	-1.8
2	Jan_27_2023	2367.25	2393.04	2353.25	2360.59	2369.21	2394.76	2369.34(-1.9%)	UD	OpenLong	75	0.2	944	90	1129	387	0.19	45%	0.08	-45.8	1.25%	-0.7	-0.5	29	-1.7
3	Jan_26_2023	2365.47	2397.58	2352.31	2352.04	2353.91	2375.87	2415.27(2.44%)	UT	OpenLong	75	1.2	1391	70	1660	584	0.19	48%	0.09	-42.9	1.33%	1.5	0.3	49	-1.6
4	Jan_25_2023	2363.26	2399.61	2352.54	2334.5	2334.48	2343.65	2357.81(0.69%)	UT	OpenLong	75	0.4	430	30	536	110	0.17	43%	0.1	-48.5	1.3%	1.2	-0.8	36	-1.6
5	Jan_24_2023	2360.97	2404.76	2359.45	2331.92	2330.81	2331.95	2341.56(0.97%)	RB	SmallLong	20	0.2	119	0	171	-39	0.14	51%	-0.01	-43.9	1.31%	1.8	-1.1	37	-1.5

6	Jan_23_2023	2361.17	2410.54	2368.92	2334.78	2334.35	2325.31	2318.96(-0.33%)	DT	OpenShort	-75	-0.3	-302	-30	-325	-231	0.14	51%	0.09	-37.6	1.43%	-1	-1.7	29	-1.6
7	Jan_20_2023	2359.15	2416.58	2385.19	2344.77	2342.31	2329.68	2326.61(-0.04%)	DT	OpenShort	-75	-0.4	-580	-40	-656	-352	0.15	54%	0.08	-31.4	1.44%	-0.8	-1.8	30	-1.3
8	Jan_19_2023	2357.3	2421.06	2394.65	2352.05	2350.72	2343.39	2327.54(-0.74%)	DT	OpenShort	-75	-0.5	-627	-20	-711	-375	0.11	54%	0.09	-26.1	1.45%	-1.4	-2.1	30	-1.2
9	Jan_18_2023	2355.18	2426.72	2406.82	2373.18	2365.19	2354.95	2344.93(-0.46%)	DT	OpenShort	-75	-0.7	-514	-40	-582	-308	0.13	54%	0.09	-7.3	1.45%	-1.1	-2.1	31	-1.1
10	Jan_17_2023	2353.05	2429.4	2416.04	2391.3	2387.61	2358.06	2355.88(-0.55%)	DT	OpenShort	-75	-1	-890	-90	-1028	-474	0.15	56%	0.16	4.6	1.46%	-1.2	-2	33	-1.6

11	Jan_13_2023	2349.23	2431.26	2427.34	2408.48	2408.22	2375.42	2368.88(0.25%)	DP	OpenShort	-75	-1.1	-1734	-100	-2026	-857	0.12	58%	0.06	8.9	1.46%	-0.8	-1.8	37	-1.9
12	Jan_12_2023	2347.76	2432.47	2437.27	2432.03	2436.6	2417.17	2363(-2.89%)	DT	OpenShort	-75	-1.9	-984	-50	-1151	-481	0.17	58%	0.06	18.1	1.48%	-1.8	-1.9	42	-1.6
13	Jan_11_2023	2346.44	2433.03	2448.06	2442.74	2453.3	2441.03	2433.23(-0.09%)	DT	OpenShort	-75	-0.3	-391	-20	-459	-186	0.12	64%	0.06	10	1.43%	-1.3	0	58	-1.9
14	Jan_10_2023	2345.01	2429.75	2451.2	2445.19	2450.09	2456.03	2435.52(-0.26%)	DT	OpenShort	-75	-0.3	-260	20	-307	-117	0.11	66%	0.05	0.7	1.44%	-1.3	0.2	52	-2.1
15	Jan_9_2023	2343.75	2427.79	2453.91	2444.41	2448.93	2465.57	2441.75(-1.81%)	UD	OpenLong	75	-0.1	752	50	880	369	0.14	66%	0.05	-7.7	1.48%	-0.4	0.4	61	-2

16	Jan_6_2023	2342.64	2428.07	2455.32	2449.3	2441.05	2444.16	2486.64(2.9%)	UT	OpenLong	75	1	338	-0	388	188	0.15	65%	0.07	-12.8	1.49%	1.7	1.5	70	-1.8
17	Jan_5_2023	2340.96	2425.99	2449.59	2444.84	2441.7	2432.28	2416.57(-1.18%)	DT	OpenShort	-75	-0.7	-443	-30	-532	-175	0.16	64%	0.04	-29.9	1.46%	-1.5	-0.2	61	-1
18	Jan_4_2023	2340.07	2429.32	2449.18	2454.41	2457.86	2437.95	2445.46(0.57%)	DP	OpenShort	-75	-0.2	-442	-50	-536	-160	0.12	64%	0.05	-30.4	1.46%	-0.5	0.4	73	-0.9
19	Jan_3_2023	2338.9	2429.57	2447.9	2458.19	2461.91	2451.12	2431.63(-1.4%)	DT	OpenShort	-75	-0.7	-574	-30	-696	-208	0.13	67%	0.1	-42.1	1.46%	-1.2	0.1	70	-0.1
20	Dec_30_2022	2336.64	2430.67	2443.96	2464.19	2467.81	2467.81	2466.18(0.07%)	UD	OpenLong	65	0	11	0	-9	72	0.07	67%	0.1	-37.3	1.48%	0.9	0.7	67	1

21	Dec_29_2022	2334.29	2432.99	2435.6	2464.19	2467.81	2467.81	2464.38(0%)	UD	OpenLong	65	0	1136	10	1318	591	0.07	67%	0	-37.1	1.48%	0	0.6	50	-57.9
22	Dec_29_2022	2334.29	2437.44	2427.37	2464.19	2467.81	2467.81	2464.38(0%)	UD	OpenLong	65	0	1132	10	1318	575	0.07	67%	0	-40.3	1.48%	0	0.5	49	-57.9
23	Dec_29_2022	2334.29	2441.12	2416.97	2461.82	2466.19	2469.1	2464.38(0.11%)	UT	OpenLong	75	0	1125	10	1318	545	0.07	67%	0.22	-43.7	1.48%	0	0.4	43	-57.9
24	Dec_28_2022	2329.17	2446.02	2406.51	2436.19	2430.27	2451.74	2461.63(0.3%)	UT	OpenLong	75	0.4	877	50	1033	410	0.1	69%	0.1	-37.5	1.51%	1	0.2	49	1.3
25	Dec_27_2022	2326.73	2450.1	2399.11	2420.69	2417.25	2428.62	2454.32(0.97%)	UT	OpenLong	75	0.5	799	30	948	353	0.08	69%		-38.2	1.56%	1.5	0.1	48	1.2
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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