US stock / ETF

AutoZone, Inc.

AZO · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

AZO 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $2,918.2 and stabilize above resistance $3,007.9.

Invalidation Trigger

Break above $3,007.9 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 38.7, MACD -3.133

4h
Volatility EnvironmentBullish
Low volatility

ATR is $24.94 (0.87%)

4h

EMA Structure

Bearish
EMA 8$2,895.2Bearish
EMA 21$2,918.2Bearish
EMA 50$2,949.4Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.7 · MACD -3.133

Momentum is weak

Strength
Bearish
Volatility
ATR $24.94 · BB 4.93%

Low volatility

Strength
Bullish
Volume
MFI 14.4 · OBV -2.41%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$2,865.1 - $3,007.9

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.43% · 6.3 ATR above latest close

$3,032.8
Nearest resistance

+4.56% · 5.3 ATR above · 34-bar high

$3,007.9
Current price

Price shown is delayed

$2,876.8
Nearest support

-0.4% · 0.5 ATR below · 34-bar low

$2,865.1
Deeper support zone

-1.27% · 1.5 ATR below latest close

$2,840.2
ATR zone

Latest close ± ATR14

$2,851.8 - $2,901.7

Indicators

Trend

Dow Theory Structure

Confirmation $2,876.6, invalidation $2,927.7

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

Trend strength is active

47.9 / 15.5 / 41.3Bearish
Supertrend (10,3)

Price is above Supertrend

$2,814.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$2,913 / $2,955.8Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Volatility

ATR (14)

Low volatility

$24.94 (0.87%)Bullish
Bollinger Bands (20,2)

Width 4.93%

16%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$2,959.7 / $2,873.9Bullish
ATR channel lower / upper

Current Volatility Envelope

$2,851.8 / $2,901.7Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$3,007.9Range
Support

Nearest Downside Decision Level

$2,865.1Range

Momentum

RSI (14)

Momentum is weak

38.7Bearish
MACD (12,26,9)

Histogram is negative

-3.133Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.9 / 20.1Bearish
Williams %R (14)

Oversold zone

-90.1Bullish
CCI (20)

Weak expansion

-102.0Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

14.4Bearish
OBV slope

20-period OBV slope

-2.41%Bearish
Volume ratio

Relative to 20-period average volume

0.66xBearish

Trend

Dow Theory Structure

Confirmation $2,876.6, invalidation $2,927.7

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

Trend strength is active

47.9 / 15.5 / 41.3Bearish
Supertrend (10,3)

Price is above Supertrend

$2,814.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$2,913 / $2,955.8Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Momentum

RSI (14)

Momentum is weak

38.7Bearish
MACD (12,26,9)

Histogram is negative

-3.133Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.9 / 20.1Bearish
Williams %R (14)

Oversold zone

-90.1Bullish
CCI (20)

Weak expansion

-102.0Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$24.94 (0.87%)Bullish
Bollinger Bands (20,2)

Width 4.93%

16%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$2,959.7 / $2,873.9Bullish
ATR channel lower / upper

Current Volatility Envelope

$2,851.8 / $2,901.7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

14.4Bearish
OBV slope

20-period OBV slope

-2.41%Bearish
Volume ratio

Relative to 20-period average volume

0.66xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$3,007.9Range
Support

Nearest Downside Decision Level

$2,865.1Range

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