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Downtrend Broken Resist.Archive
- 10/23/2026 -
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AutoZone Inc. (AZO) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a third consecutive positive week for the AutoZone Inc. (AZO). During the week, the AZO gained 80.17 points, or 2.57%, and closed at 3200.76 on Friday, October 23, 2026. Weekly volume was -35% below 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 2730.65 on October 5, 2026. AZO lost 1657.46 points, or 37.77%, in 55 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (2694.71) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. AZO may retest the broken resistance line. It is considered to be a support 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 resistance line in a long-term trend.
 Medium-term trend: [See AZO medium-term trend chart]
A medium-term uptrend had started on October 5, 2026 at 2730.65 and reached 3277.41 on October 22, 2026. AZO gained -546.76 points, or -20.02%, in 2 weeks. The price is now at the 14.02% retracement level.
 Weekly Technical Indicators: [See AZO weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 October 2, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See AZO short-term trend chart]
A short-term uptrend had started on October 12, 2026 at 2877.88 and reached 3277.41 on October 22, 2026. AZO gained -399.53 points, or -13.88%, in 10 days. The price is now at the 19.19% retracement level.
 Daily Technical Indicators: [See AZO daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following link to access Lane's Stochastic help.
The daily MACD line is above its signal line since October 5, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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