| AZO latest price $2572.2100 (0.13%) ($2552.7200 - $2600.7050) on Thu. Sep. 7, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.17% (three month average) |
RSI | 72 |
Latest Price | $2572.2100(0.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AZO advances 0.1% a day on average for past five trading days. |
Weekly Trend | AZO advances 2% a week on average for past two weeks. |
Market Behavior | Growth stock 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) IVW(88%) SPY(59%) SKYY(56%) IWC(49%) INDA(48%) |
Factors Impacting AZO price | AZO will decline at least -0.585% in a week (0% probabilities). VIXM(-50%) XBI(-34%) TBT(-30%) VXX(-21%) USO(-13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.585% (StdDev 1.17%) |
Hourly BBV | 1 () |
Intraday Trend | -0.5% |
| |
|
|