| AZO latest price $2493.8300 (-0.14%) ($2465.5250 - $2539.4900) on Fri. Jun. 16, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 51 |
Latest Price | $2493.8300(-0.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AZO advances 1.1% a day on average for past five trading days. |
Weekly Trend | AZO advances 1% 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(34%) ARKK(28%) ARKG(25%) VIXM(25%) CEMB(24%) |
Factors Impacting AZO price | AZO will decline at least -0.715% in a week (0% probabilities). XLE(-22%) XLV(-20%) XOP(-18%) UUP(-17%) SPLV(-16%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.715% (StdDev 1.43%) |
Hourly BBV | 0.8 () |
Intraday Trend | -1.8% |
| |
|
|