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 $3,191.3 and stabilize above resistance $3,887.

Invalidation Trigger

Break above $3,887 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 38.0, MACD -2.362

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $206.27 (6.97%)

Weekly

EMA Structure

Bearish
EMA 8$3,049Bearish
EMA 21$3,191.3Bearish
EMA 50$3,378.1Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.0 · MACD -2.362

Momentum is weak

Strength
Bearish
Volatility
ATR $206.27 · BB 27.48%

High volatility

Strength
Bearish
Volume
MFI 39.6 · OBV 5.72%

Relative to 20-period average volume

Strength
Range
Price Levels
$2,902.2 - $3,887

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+38.38% · 5.5 ATR above latest close

$4,093.3
Nearest resistance

+31.41% · 4.5 ATR above · 34-bar high

$3,887
Current price

Price shown is delayed

$2,958
Nearest support

-1.88% · 0.3 ATR below · 34-bar low

$2,902.2
Deeper support zone

-8.86% · 1.3 ATR below latest close

$2,695.9
ATR zone

Latest close ± ATR14

$2,751.7 - $3,164.2

Indicators

Trend

Dow Theory Structure

Confirmation $2,902.2, invalidation $3,172.1

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

Trend strength is active

51.8 / 4.4 / 28.4Bearish
Supertrend (10,3)

Price is above Supertrend

$2,478.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$3,231.5 / $3,645.2Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Volatility

ATR (14)

High volatility

$206.27 (6.97%)Bearish
Bollinger Bands (20,2)

Width 27.48%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$3,549.5 / $2,812.2Bearish
ATR channel lower / upper

Current Volatility Envelope

$2,751.7 / $3,164.2Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$3,887Range
Support

Nearest Downside Decision Level

$2,902.2Range

Momentum

RSI (14)

Momentum is weak

38.0Bearish
MACD (12,26,9)

Histogram is negative

-2.362Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.4 / 20.5Bearish
Williams %R (14)

Oversold zone

-90.6Bullish
CCI (20)

Balanced zone

-71.1Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

39.6Bearish
OBV slope

20-period OBV slope

5.72%Bullish
Volume ratio

Relative to 20-period average volume

0.88xBearish

Trend

Dow Theory Structure

Confirmation $2,902.2, invalidation $3,172.1

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

Trend strength is active

51.8 / 4.4 / 28.4Bearish
Supertrend (10,3)

Price is above Supertrend

$2,478.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$3,231.5 / $3,645.2Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Momentum

RSI (14)

Momentum is weak

38.0Bearish
MACD (12,26,9)

Histogram is negative

-2.362Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.4 / 20.5Bearish
Williams %R (14)

Oversold zone

-90.6Bullish
CCI (20)

Balanced zone

-71.1Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$206.27 (6.97%)Bearish
Bollinger Bands (20,2)

Width 27.48%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$3,549.5 / $2,812.2Bearish
ATR channel lower / upper

Current Volatility Envelope

$2,751.7 / $3,164.2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

39.6Bearish
OBV slope

20-period OBV slope

5.72%Bullish
Volume ratio

Relative to 20-period average volume

0.88xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$3,887Range
Support

Nearest Downside Decision Level

$2,902.2Range

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