| AZO latest price $1170.4100 (1.65%) ($1150.0500 - $1181.9100) on Tue. Nov. 10, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.25% (three month average) |
RSI | 45 |
Latest Price | $1170.4100(1.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AZO advances 0.1% a day on average for past five trading days. |
Weekly Trend | AZO declines -0.2% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support AZO advance at 0% a week (0% probability) XLP(43%) SPLV(42%) DIA(40%) VYM(39%) IVE(38%) |
Factors Impacting AZO price | AZO will decline at least -0.625% in a week (0% probabilities). VIXM(-28%) EDOC(-10%) UUP(-8%) VXX(-7%) TLT(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.625% (StdDev 1.25%) |
Hourly BBV | 0.2 () |
Intraday Trend | 1.7% |
| |
|
|