| AZO latest price $121.4800 (6.21%) ($111.5700 - $122.2600) on Fri. Dec. 5, 2008. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.47% (three month average) |
RSI | 60 |
Latest Price | $121.4800(6.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AZO advances 2.2% a day on average for past five trading days. |
Weekly Trend | AZO advances 6.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support AZO advance at 0% a week (0% probability) XLY(48%) SPY(46%) XLP(45%) IWM(42%) PEJ(42%) |
Factors Impacting AZO price | AZO will decline at least -2.235% in a week (0% probabilities). TLT(-16%) TIP(-6%) SHY(-4%) GLD(2%) LQD(8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.235% (StdDev 4.47%) |
Hourly BBV | 0 () |
Intraday Trend | 8.1% |
| |
|
|