US stock / ETF

AutoZone, Inc.

AZO · NYSE · USD

1 weekBearish77%
Weekly Downside probability 77%Bearish

AZO 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $3,296.7 and stabilize above resistance $3,996.2.

Invalidation Trigger

Break above $3,996.2 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 37.4, MACD -19.809

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $195.11 (6.43%)

Weekly

EMA Structure

Bearish
EMA 8$3,132.5Bearish
EMA 21$3,296.7Bearish
EMA 50$3,457.6Bearish

Signals

CategoryReadStrength
Momentum
RSI 37.4 · MACD -19.809

Momentum is weak

Strength
Bearish
Volatility
ATR $195.11 · BB 26.01%

High volatility

Strength
Bearish
Volume
MFI 47.5 · OBV 12.66%

Relative to 20-period average volume

Strength
Range
Price Levels
$2,928.1 - $3,996.2

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+38.23% · 5.9 ATR above latest close

$4,191.4
Nearest resistance

+31.8% · 4.9 ATR above · 34-bar high

$3,996.2
Current price

Price shown is delayed

$3,032.1
Nearest support

-3.43% · 0.5 ATR below · 34-bar low

$2,928.1
Deeper support zone

-9.86% · 1.5 ATR below latest close

$2,733
ATR zone

Latest close ± ATR14

$2,837 - $3,227.2

Indicators

Trend

Dow Theory Structure

Confirmation $3,239.1, invalidation $2,949.1

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

32.1 / 8.8 / 30.0Bearish
Supertrend (10,3)

Price is above Supertrend

$2,466.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$3,310 / $3,658.1Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Volatility

ATR (14)

High volatility

$195.11 (6.43%)Bearish
Bollinger Bands (20,2)

Width 26.01%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$3,688.3 / $2,884.2Bearish
ATR channel lower / upper

Current Volatility Envelope

$2,837 / $3,227.2Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$3,996.2Range
Support

Nearest Downside Decision Level

$2,928.1Range

Momentum

RSI (14)

Momentum is weak

37.4Bearish
MACD (12,26,9)

Histogram is negative

-19.809Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

13.0 / 19.9Bearish
Williams %R (14)

Oversold zone

-87.0Bullish
CCI (20)

Balanced zone

-93.2Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.5Range
OBV slope

20-period OBV slope

12.66%Bullish
Volume ratio

Relative to 20-period average volume

0.07xBearish

Trend

Dow Theory Structure

Confirmation $3,239.1, invalidation $2,949.1

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

32.1 / 8.8 / 30.0Bearish
Supertrend (10,3)

Price is above Supertrend

$2,466.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$3,310 / $3,658.1Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Momentum

RSI (14)

Momentum is weak

37.4Bearish
MACD (12,26,9)

Histogram is negative

-19.809Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

13.0 / 19.9Bearish
Williams %R (14)

Oversold zone

-87.0Bullish
CCI (20)

Balanced zone

-93.2Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$195.11 (6.43%)Bearish
Bollinger Bands (20,2)

Width 26.01%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$3,688.3 / $2,884.2Bearish
ATR channel lower / upper

Current Volatility Envelope

$2,837 / $3,227.2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.5Range
OBV slope

20-period OBV slope

12.66%Bullish
Volume ratio

Relative to 20-period average volume

0.07xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$3,996.2Range
Support

Nearest Downside Decision Level

$2,928.1Range

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