US stock / ETF

AutoZone, Inc.

AZO · NYSE · USD

1 weekBearish92%
Weekly Downside probability 92%Bearish

AZO 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $3,358.4 and stabilize above resistance $3,995.6.

Invalidation Trigger

Break above $3,995.6 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 36.6, MACD -38.322

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $185.73 (6.1%)

Weekly

EMA Structure

Bearish
EMA 8$3,174.6Bearish
EMA 21$3,358.4Bearish
EMA 50$3,500.6Bearish

Signals

CategoryReadStrength
Momentum
RSI 36.6 · MACD -38.322

Momentum is weak

Strength
Bearish
Volatility
ATR $185.73 · BB 29.77%

High volatility

Strength
Bearish
Volume
MFI 56.4 · OBV -10.96%

Relative to 20-period average volume

Strength
Range
Price Levels
$2,932.2 - $3,995.6

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+37.36% · 6.1 ATR above latest close

$4,181.3
Nearest resistance

+31.26% · 5.1 ATR above · 34-bar high

$3,995.6
Current price

Price shown is delayed

$3,044
Nearest support

-3.67% · 0.6 ATR below · 34-bar low

$2,932.2
Deeper support zone

-9.77% · 1.6 ATR below latest close

$2,746.5
ATR zone

Latest close ± ATR14

$2,858.3 - $3,229.7

Indicators

Trend

Dow Theory Structure

Confirmation $2,932.2, invalidation $3,728.4

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

Trend strength is active

22.6 / 13.9 / 23.8Bearish
Supertrend (10,3)

Price is above Supertrend

$2,450.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$3,369.5 / $3,643.9Bearish
Donchian Channel (20)

20-period breakout channel position

12%Bearish

Volatility

ATR (14)

High volatility

$185.73 (6.1%)Bearish
Bollinger Bands (20,2)

Width 29.77%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$3,733.6 / $2,962.6Bearish
ATR channel lower / upper

Current Volatility Envelope

$2,858.3 / $3,229.7Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$3,995.6Range
Support

Nearest Downside Decision Level

$2,932.2Range

Momentum

RSI (14)

Momentum is weak

36.6Bearish
MACD (12,26,9)

Histogram is negative

-38.322Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.0 / 17.5Bearish
Williams %R (14)

Oversold zone

-86.0Bullish
CCI (20)

Weak expansion

-127.5Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.4Bullish
OBV slope

20-period OBV slope

-10.96%Bearish
Volume ratio

Relative to 20-period average volume

0.43xBearish

Trend

Dow Theory Structure

Confirmation $2,932.2, invalidation $3,728.4

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

Trend strength is active

22.6 / 13.9 / 23.8Bearish
Supertrend (10,3)

Price is above Supertrend

$2,450.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$3,369.5 / $3,643.9Bearish
Donchian Channel (20)

20-period breakout channel position

12%Bearish

Momentum

RSI (14)

Momentum is weak

36.6Bearish
MACD (12,26,9)

Histogram is negative

-38.322Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.0 / 17.5Bearish
Williams %R (14)

Oversold zone

-86.0Bullish
CCI (20)

Weak expansion

-127.5Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$185.73 (6.1%)Bearish
Bollinger Bands (20,2)

Width 29.77%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$3,733.6 / $2,962.6Bearish
ATR channel lower / upper

Current Volatility Envelope

$2,858.3 / $3,229.7Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.4Bullish
OBV slope

20-period OBV slope

-10.96%Bearish
Volume ratio

Relative to 20-period average volume

0.43xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$3,995.6Range
Support

Nearest Downside Decision Level

$2,932.2Range

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