How Does the Market Feel About AutoZone, Inc. (AZO) Stock Wednesday?

Wednesday, December 4, 2019 1:23 PM | InvestorsObserver Analysts

The market has been down on AutoZone, Inc. (AZO) stock recently. AZO gets a Bearish score from InvestorsObserver's Stock Sentiment Indicator.

Click Here to get the full Stock Score Report on AutoZone, Inc. (AZO) Stock.

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.

Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.

InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.

The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With AZO Stock Today?

AutoZone, Inc. (AZO) stock is trading at $1,162.57 as of 1:05 PM on Wednesday, Dec 4, an increase of $12.63, or 1.1% from the previous closing price of $1,149.94. The stock has traded between $1,150.07 and $1,169.97 so far today. Volume today is light. So far 112,564 shares have traded compared to average volume of 176,477 shares.

To see the top 5 stocks in the Specialty Retail industry click here.

Share this article:

Related Companies

Upgrade to Premium and Analyze Stocks Like a Pro

50% Off All Subscriptions
InvestorsObserver Premium
InvestorsObserver Premium
InvestorsObserver Premium
Save up to 65% with annual

InvestorsObserver Premium

$ 20.75 $ 10.38 /month
$249 $124.50 billed annually

You May Also Like

Related Articles

Where Will Apex Global Brands Inc (APEX) Stock Go Next After It Is Higher By 16.60% in a Week?

Should Nio Inc - ADR (NIO) be in Your Portfolio?

Is Kandi Technologies Group Inc (KNDI) the Top Pick in the Auto Parts Industry?

Dillard's, Inc. (DDS) Stock Climbs 5.65% This Week; Should You Buy?

Is Renren Inc (RENN) Stock Near the Top of the Auto & Truck Dealerships Industry?

Is Kohl's Corporation (KSS) Stock a Smart Investment?

Related Companies