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Archive
- 9/4/2026 -
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AutoZone Inc. (AZO) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the AutoZone Inc. (AZO). During the week, the AZO climbed 21.33 points, or 0.72%, and closed at 2983.29 on Friday, September 4, 2026. Weekly volume was 59% above average.
 Long-term trend: [See AZO long-term trend chart]
A long-term downtrend had started on February 13, 2026 at 3887.03 and reached 2902.20 on July 23, 2026. AZO lost 984.83 points, or 25.34%, in 22 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 2763.97 and resistance is at 3471.76. 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 long-term trend.
 Medium-term trend: [See AZO medium-term trend chart]
A medium-term uptrend had started on July 23, 2026 at 2902.20 and reached 3172.07 on July 29, 2026. AZO gained -269.87 points, or -9.30%, in 0 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (3069.48) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. AZO may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support 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. 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 link to access Williams' Percentage Range help.
The weekly MACD line is above its signal line since August 21, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 August 19, 2026 at 3160.00 and reached 2903.57 on August 20, 2026. AZO lost 256.43 points, or 8.11%, in 1 days. The price is now at the 31.09% retracement level.
 Daily Technical Indicators: [See AZO daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range.
The daily MACD line is below its signal line since August 19, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
The distance between the Bollinger Bands (5.92%) is close to one year low (5.70%). It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. 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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