Jul 6, 2026 at 9:01 PM
•
$2957.71
(-6.38%)
The stock of Autozone Inc (AZO) dropped 6.38% to close at $2957.71 on July 6.
Technical indicators paint a bearish picture:
Moving Averages
Price sits below both the 9-day ($3102.94) and 21-day ($3119.65) EMAs, suggesting short-term weakness.
Momentum
RSI at 37.9 is neutral but weakening. MACD is bullish (-31.06 vs signal -43.19).
Volatility
Volatility has been compressing for 10 sessions (TTM Squeeze active), often a precursor to directional moves.
Despite the bearish EMA structure, bullish MACD divergence suggests patient buyers may find opportunity near $2967.28.
Key levels to watch: Support at $2967.28, Resistance at $3227.65.