Trading Signals: AZO Stock Price Prediction and Forecast

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

Wed. Jul. 5, 2023

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

(AutoZone Inc.)
AZO latest price $2492.4300 (0.36%) ($2434.2600 - $2503.2600) on Wed. Jul. 5, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.39% (three month average)
RSI   60
Latest Price   $2492.4300(0.36%)
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 0.4% a week on average for past two weeks.
Market Behavior   Normal for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support AZO advance at 0% a week (0% probability)
DIA(44%)    SKYY(43%)    XLRE(42%)    SPY(38%)    INDA(36%)
Factors Impacting AZO price   AZO will decline at least -0.695% in a week (0% probabilities).
VIXM(-41%)    VXX(-35%)    TBT(-21%)    EDOC(-17%)    UUP(-10%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.695% (StdDev 1.39%)
Hourly BBV 1.1 ()
Intraday Trend 0.4%

5 Day Moving Average   $2472.46(0.81%)
10 Day Moving Average   $2459.85(1.32%)
20 Day Moving Average   $2433.74(2.41%)
To recent high   -8.8%
To recent low   8.1%
Market Cap   $58.193b

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 2.07% (three month std-dev: 1.39%) daily (68% of days).

Sample size 14 Average positive next day return: 0.4%(36%) Average negative next day return: -0.61%(64%) Sample size 14 Average positive next three day return: 1.17%(50%) Average negative next three day return: -1.74%(50%) Sample size 14 Average positive next weekly return: 1.71%(43%) Average negative next weekly return: -1.7%(57%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230805

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	Jul_5_2023	2518.36	2433.74	2459.85	2472.46	2470.7	2478.08	2492.43(0.36%)	UT	OpenLong	75	0.4	126	20	143	76	0.15	49%	-0.03	44	1.39%	1.1	1.2	60	0.9
2	Jul_3_2023	2519.17	2426.24	2455.56	2461.95	2460.37	2480.47	2483.48(-0.4%)	UD	OpenLong	75	0.4	603	60	705	297	0.11	52%	-0.01	24.9	1.38%	0	1	60	1.2
3	Jun_30_2023	2519.49	2421	2455.86	2460.56	2456.56	2463.31	2493.36(1.55%)	UT	OpenLong	75	0.6	838	10	976	425	0.19	55%	0	18.3	1.42%	2	1.3	67	1
4	Jun_29_2023	2519.45	2414.81	2455.4	2446.64	2449.14	2440.27	2455.4(0.73%)	DP	OpenShort	-75	0.2	-201	-20	-249	-56	0.14	53%	0.01	7.7	1.4%	0.3	0.8	65	1
5	Jun_28_2023	2519.13	2411.27	2450.37	2443.28	2444.97	2449.8	2437.63(-0.09%)	DT	OpenShort	-75	-0.1	-272	20	-336	-78	0.17	55%	0.01	-0.5	1.4%	-1.3	0.5	69	1.2

6	Jun_27_2023	2518.95	2411.71	2449.16	2445.01	2446.91	2458.01	2439.88(-1.48%)	UD	OpenLong	75	-0.1	573	30	652	335	0.22	56%	0.01	-13.1	1.42%	0	0.5	66	1.1
7	Jun_26_2023	2518.81	2412.31	2447.12	2447.65	2445.78	2440.14	2476.55(2.18%)	UT	OpenLong	75	0.5	72	-20	58	114	0.21	58%	0.03	-27.6	1.42%	1.7	1.2	68	1
8	Jun_23_2023	2518	2410.83	2436.24	2451.11	2450.13	2435.82	2423.73(-0.61%)	DT	OpenShort	-75	-0.5	-834	-40	-1009	-308	0.45	54%	-0.01	-42.5	1.4%	-1.8	0.2	56	1.1
9	Jun_22_2023	2518.21	2410.68	2430.8	2465.84	2470.78	2451.42	2438.63(-0.31%)	DT	OpenShort	-75	-0.5	-444	-50	-555	-112	0.1	51%	-0.02	-55.3	1.41%	-1.1	0.5	59	1.4
10	Jun_21_2023	2518.79	2411.47	2418.69	2457.99	2475.34	2464.45	2446.28(-0.28%)	DT	OpenShort	-75	-0.2	-549	-10	-672	-179	0.18	51%	0	-76.9	1.43%	-1	0.6	57	1.3

11	Jun_20_2023	2518.72	2418.84	2406.92	2452.93	2464.71	2490.13	2453.07(-1.63%)	UD	OpenLong	75	0	395	90	445	244	0.22	51%	0.07	-86.3	1.43%	-1	0.6	48	1.2
12	Jun_16_2023	2516.94	2427.43	2395.63	2445.31	2450.18	2486.24	2493.83(-0.14%)	UD	OpenLong	75	0.6	1894	110	2216	927	0.42	51%	0.03	-61.2	1.43%	0.8	0.8	51	1.6
13	Jun_15_2023	2516.14	2433.67	2383.25	2419.19	2423.57	2439.28	2497.37(4.08%)	UT	OpenLong	75	0.8	1211	50	1424	573	0.26	51%	0.06	-64.9	1.43%	2.3	0.6	51	1.2
14	Jun_14_2023	2514.72	2441.16	2369.53	2391.83	2398.37	2414.13	2399.42(-0.89%)	UD	OpenLong	75	0.1	594	50	709	249	0.2	46%	0.02	-66.6	1.34%	-0	-0.4	46	4.5
15	Jun_13_2023	2514.13	2453.95	2367.71	2373.28	2377.66	2407.86	2420.95(0.25%)	UT	OpenLong	75	0.4	1248	90	1488	528	0.19	46%	0.04	-67.5	1.34%	0.9	-0.3	42	1.3

16	Jun_12_2023	2513.09	2467.16	2369.56	2353.7	2353.83	2382.6	2415(2.19%)	UT	OpenLong	75	0.5	1448	90	1737	579	0.23	46%	0.04	-66.7	1.34%	1.4	-0.4	28	1.4
17	Jun_9_2023	2512.18	2481.88	2372.71	2338.69	2335.25	2347.45	2363.19(0.11%)	UT	OpenLong	75	0.2	678	30	847	171	0.15	41%	0.01	-64.3	1.31%	1.3	-0.8	20	1.7
18	Jun_8_2023	2511.82	2499.03	2381.67	2342.3	2335.5	2325.05	2360.61(2.34%)	DP	OpenShort	-75	0.1	-174	-40	-147	-254	0.29	41%	0.01	-60.5	1.32%	2.3	-0.9	20	2
19	Jun_7_2023	2511.66	2517.36	2387.88	2344.89	2345.22	2323.05	2306.65(-0.71%)	DT	HoldShort	-65	-0.3	-1144	-70	-1274	-752	0.24	35%	-0.02	-57.9	1.29%	-1.1	-1.4	11	2.2
20	Jun_6_2023	2512.16	2538.58	2403.86	2360.93	2361.38	2345.95	2323.05(-0.72%)	DT	HoldShort	-65	-0.3	-868	-50	-945	-637	0.23	35%	-0.08	-56	1.31%	-1.3	-1.5	12	2.4

21	Jun_5_2023	2514.11	2558.35	2432.44	2387.25	2366.17	2367.38	2339.95(-1.73%)	DT	HoldShort	-65	-0.3	-782	-20	-846	-588	0.27	35%	-0.01	-53.1	1.31%	-2.1	-1.5	12	2.3
22	Jun_2_2023	2514.41	2576.6	2462.78	2411.42	2386.73	2376.81	2381.23(0.32%)	DP	OpenShort	-75	-0.2	-92	-60	-36	-259	0.24	37%	0.01	-51.1	1.29%	0.7	-1.5	12	2.2
23	Jun_1_2023	2514.22	2591.39	2488.81	2427.12	2407.56	2364.97	2373.58(-0.56%)	DT	HoldShort	-65	-0.4	-1361	-150	-1530	-853	0.26	37%	-0.02	-51.3	1.3%	-0.3	-1.7	14	2
24	May_31_2023	2514.84	2607.48	2519.03	2437.13	2420.75	2396.66	2386.84(-2.76%)	DT	HoldShort	-65	-0.4	-2263	-90	-2592	-1275	0.65	37%	-0.02	-52.8	1.32%	-0.9	-1.9	14	1.2
25	May_30_2023	2515.34	2624.13	2547.9	2452.44	2445.22	2450.15	2454.64(-0.25%)	DT	HoldShort	-65	0	-83	10	-26	-252	0.21	40%		-53.8	1.28%	-0.1	-1.6	17	1.3
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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