Based on the provided data and recent market analysis, here's the prediction for AZO's stock price next week:
Technical Analysis
- Current price: $3,268.82 (Fibonacci pivot point)
- RSI(14) at 58.24 indicates neutral momentum, with room for upside
- MACD at 21.66 shows positive momentum
- Key resistance levels: $3,350.85 (Fibonacci R1), $3,401.53 (Fibonacci R2)
- Key support levels: $3,186.78 (Fibonacci S1), $3,136.10 (Fibonacci S2)
Fundamental Catalysts
- Upcoming earnings on February 25, 2025, with analysts expecting EPS of $29.11
- Strong institutional buying interest after recent earnings
- Received high rating (93%) from Validea's Multi-Factor Investor model
- Market cap of $54.2 billion with over 6,000 stores across U.S., Mexico, and Brazil
Price Target Analysis
Based on technical and fundamental factors:
- Short-term resistance at $3,350.85 likely to be tested
- Strong institutional support and positive momentum suggest upward movement
- Analysts maintain "Strong Buy" rating with average price target of $3,658.52
Prediction for Next Week
Target Price Range: $3,320-$3,380
- Base case: Stock likely to test Fibonacci R1 at $3,350.85
- Bullish case: Break above R1 could push price toward $3,380
- Bearish case: Support at $3,186.78 should hold if market weakness occurs
Trading Recommendation
BUY with entry around current levels ($3,268.82)
- Set stop loss below Fibonacci S1 at $3,180
- First target: $3,350.85 (Fibonacci R1)
- Second target: $3,380 (near-term resistance)
Based on the provided data and recent market analysis, here's the prediction for AZO's stock price next week:
Technical Analysis
- Current price: $3,268.82 (Fibonacci pivot point)
- RSI(14) at 58.24 indicates neutral momentum, with room for upside
- MACD at 21.66 shows positive momentum
- Key resistance levels: $3,350.85 (Fibonacci R1), $3,401.53 (Fibonacci R2)
- Key support levels: $3,186.78 (Fibonacci S1), $3,136.10 (Fibonacci S2)
Fundamental Catalysts
- Upcoming earnings on February 25, 2025, with analysts expecting EPS of $29.11
- Strong institutional buying interest after recent earnings
- Received high rating (93%) from Validea's Multi-Factor Investor model
- Market cap of $54.2 billion with over 6,000 stores across U.S., Mexico, and Brazil
Price Target Analysis
Based on technical and fundamental factors:
- Short-term resistance at $3,350.85 likely to be tested
- Strong institutional support and positive momentum suggest upward movement
- Analysts maintain "Strong Buy" rating with average price target of $3,658.52
Prediction for Next Week
Target Price Range: $3,320-$3,380
- Base case: Stock likely to test Fibonacci R1 at $3,350.85
- Bullish case: Break above R1 could push price toward $3,380
- Bearish case: Support at $3,186.78 should hold if market weakness occurs
Trading Recommendation
BUY with entry around current levels ($3,268.82)
- Set stop loss below Fibonacci S1 at $3,180
- First target: $3,350.85 (Fibonacci R1)
- Second target: $3,380 (near-term resistance)