US stock / ETF

AutoZone, Inc.

AZO · NYSE · USD

1 weekBearish91%
Weekly Downside probability 91%Bearish

AZO 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $3,226.9 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 40.0, MACD -8.567

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $196.17 (6.43%)

Weekly

EMA Structure

Bearish
EMA 8$3,072.7Bearish
EMA 21$3,226.9Bearish
EMA 50$3,407.5Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.0 · MACD -8.567

Momentum is weak

Strength
Bearish
Volatility
ATR $196.17 · BB 26.51%

High volatility

Strength
Bearish
Volume
MFI 36.0 · OBV 14.04%

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

+33.74% · 5.3 ATR above latest close

$4,083.2
Nearest resistance

+27.31% · 4.3 ATR above · 34-bar high

$3,887
Current price

Price shown is delayed

$3,053.1
Nearest support

-4.94% · 0.8 ATR below · 34-bar low

$2,902.2
Deeper support zone

-11.37% · 1.8 ATR below latest close

$2,706
ATR zone

Latest close ± ATR14

$2,856.9 - $3,249.3

Indicators

Trend

Dow Theory Structure

Confirmation $2,902.2, invalidation $3,239.1

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

Trend strength is active

43.0 / 4.6 / 32.6Bearish
Supertrend (10,3)

Price is above Supertrend

$2,512Bullish
Ichimoku Cloud

Cloud Span A / Span B

$3,232.6 / $3,645.2Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Volatility

ATR (14)

High volatility

$196.17 (6.43%)Bearish
Bollinger Bands (20,2)

Width 26.51%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$3,556.9 / $2,875.4Bearish
ATR channel lower / upper

Current Volatility Envelope

$2,856.9 / $3,249.3Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$3,887Range
Support

Nearest Downside Decision Level

$2,902.2Range

Momentum

RSI (14)

Momentum is weak

40.0Bearish
MACD (12,26,9)

Histogram is negative

-8.567Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.1 / 13.8Bullish
Williams %R (14)

Neutral zone

-78.9Range
CCI (20)

Balanced zone

-72.6Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

36.0Bearish
OBV slope

20-period OBV slope

14.04%Bullish
Volume ratio

Relative to 20-period average volume

0.06xBearish

Trend

Dow Theory Structure

Confirmation $2,902.2, invalidation $3,239.1

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

Trend strength is active

43.0 / 4.6 / 32.6Bearish
Supertrend (10,3)

Price is above Supertrend

$2,512Bullish
Ichimoku Cloud

Cloud Span A / Span B

$3,232.6 / $3,645.2Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Momentum

RSI (14)

Momentum is weak

40.0Bearish
MACD (12,26,9)

Histogram is negative

-8.567Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.1 / 13.8Bullish
Williams %R (14)

Neutral zone

-78.9Range
CCI (20)

Balanced zone

-72.6Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

High volatility

$196.17 (6.43%)Bearish
Bollinger Bands (20,2)

Width 26.51%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$3,556.9 / $2,875.4Bearish
ATR channel lower / upper

Current Volatility Envelope

$2,856.9 / $3,249.3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

36.0Bearish
OBV slope

20-period OBV slope

14.04%Bullish
Volume ratio

Relative to 20-period average volume

0.06xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$3,887Range
Support

Nearest Downside Decision Level

$2,902.2Range

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