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Archive - 7/10/2026 - Sign In to see current Signals. |
AutoZone Inc. (AZO) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the AutoZone Inc. (AZO). During the week, the AZO dropped -86.64 points, or -2.74%, and closed at 3072.64 on Friday, July 10, 2026. It was the worst weekly loss since May 29, 2026. Weekly volume was 36% above average.
Long-term trend: [See AZO long-term trend chart] A long-term downtrend had started on September 11, 2025 at 4388.11 and reached 2928.11 on June 1, 2026. AZO lost 1460.00 points, or 33.27%, in 37 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 2912.53 and resistance is at 3596.99. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.
Medium-term trend: [See AZO medium-term trend chart] A medium-term downtrend had started on February 13, 2026 at 3887.03 and reached 2928.11 on June 1, 2026. AZO lost 958.92 points, or 24.67%, in 15 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 2733.53 and resistance is at 3590.41. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See AZO weekly technical indicators chart] Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since May 8, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See AZO short-term trend chart] A short-term downtrend had started on July 1, 2026 at 3239.14 and reached 2949.43 on July 6, 2026. AZO lost 289.71 points, or 8.94%, in 5 days. The price is now at the 42.53% retracement level.
Daily Technical Indicators: [See AZO daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. The daily MACD line is above its signal line since June 8, 2026. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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