US stock / ETF

AutoZone, Inc.

AZO · NYSE · USD

1 dayBearish82%
Daily Downside probability 82%Bearish

AZO 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $2,960.7 and stabilize above resistance $3,172.1.

Invalidation Trigger

Break above $3,172.1 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 37.1, MACD -8.828

Daily
Volatility EnvironmentRange
Low volatility

ATR is $57.24 (1.99%)

Daily

EMA Structure

Bearish
EMA 8$2,917.1Bearish
EMA 21$2,960.7Bearish
EMA 50$3,022.4Bearish

Signals

CategoryReadStrength
Momentum
RSI 37.1 · MACD -8.828

Momentum is weak

Strength
Bearish
Volatility
ATR $57.24 · BB 7.45%

Low volatility

Strength
Range
Volume
MFI 55.5 · OBV -8.18%

Relative to 20-period average volume

Strength
Range
Price Levels
$2,865.1 - $3,172.1

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+12.26% · 6.2 ATR above latest close

$3,229.3
Nearest resistance

+10.27% · 5.2 ATR above · 34-bar high

$3,172.1
Current price

Price shown is delayed

$2,876.8
Nearest support

-0.4% · 0.2 ATR below · 34-bar low

$2,865.1
Deeper support zone

-2.39% · 1.2 ATR below latest close

$2,807.9
ATR zone

Latest close ± ATR14

$2,819.5 - $2,934

Indicators

Trend

Dow Theory Structure

Confirmation $2,919.1, invalidation $2,994

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

17.7 / 13.9 / 23.3Bearish
Supertrend (10,3)

Price is above Supertrend

$2,723.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$2,974.5 / $3,052.1Bearish
Donchian Channel (20)

20-period breakout channel position

4%Bearish

Volatility

ATR (14)

Low volatility

$57.24 (1.99%)Range
Bollinger Bands (20,2)

Width 7.45%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$3,074.8 / $2,841.6Range
ATR channel lower / upper

Current Volatility Envelope

$2,819.5 / $2,934Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$3,172.1Range
Support

Nearest Downside Decision Level

$2,865.1Range

Momentum

RSI (14)

Momentum is weak

37.1Bearish
MACD (12,26,9)

Histogram is negative

-8.828Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.4 / 5.3Bullish
Williams %R (14)

Oversold zone

-93.6Bullish
CCI (20)

Weak expansion

-134.0Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

55.5Bullish
OBV slope

20-period OBV slope

-8.18%Bearish
Volume ratio

Relative to 20-period average volume

1.51xBullish

Trend

Dow Theory Structure

Confirmation $2,919.1, invalidation $2,994

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

17.7 / 13.9 / 23.3Bearish
Supertrend (10,3)

Price is above Supertrend

$2,723.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$2,974.5 / $3,052.1Bearish
Donchian Channel (20)

20-period breakout channel position

4%Bearish

Momentum

RSI (14)

Momentum is weak

37.1Bearish
MACD (12,26,9)

Histogram is negative

-8.828Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.4 / 5.3Bullish
Williams %R (14)

Oversold zone

-93.6Bullish
CCI (20)

Weak expansion

-134.0Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$57.24 (1.99%)Range
Bollinger Bands (20,2)

Width 7.45%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$3,074.8 / $2,841.6Range
ATR channel lower / upper

Current Volatility Envelope

$2,819.5 / $2,934Range

Volume / Money Flow

MFI (14)

Money flow is strong

55.5Bullish
OBV slope

20-period OBV slope

-8.18%Bearish
Volume ratio

Relative to 20-period average volume

1.51xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$3,172.1Range
Support

Nearest Downside Decision Level

$2,865.1Range

Related Forecasts