Azz Incorporated Stock Technical Analysis

AZZ Stock  USD 76.50  1.70  2.27%   
As of the 22nd of April, AZZ Incorporated shows the risk adjusted performance of 0.1449, and Mean Deviation of 1.42. AZZ Incorporated technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for AZZ Incorporated, which can be compared to its peers. Please confirm AZZ Incorporated jensen alpha and semi variance to decide if AZZ Incorporated is priced fairly, providing market reflects its regular price of 76.5 per share. Given that AZZ Incorporated has jensen alpha of 0.2808, we suggest you to validate AZZ Incorporated's prevailing market performance to make sure the company can sustain itself next year.

AZZ Incorporated Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AZZ, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AZZ
  
AZZ Incorporated's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

AZZ Incorporated Analyst Consensus

Target PriceAdvice# of Analysts
61.25Buy3Odds
AZZ Incorporated current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most AZZ analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand AZZ stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of AZZ Incorporated, talking to its executives and customers, or listening to AZZ conference calls.
AZZ Analyst Advice Details
AZZ Incorporated technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of AZZ Incorporated technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AZZ Incorporated trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

AZZ Incorporated Technical Analysis

Indicator
Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of AZZ Incorporated volatility. High ATR values indicate high volatility, and low values indicate low volatility.

AZZ Incorporated Trend Analysis

Use this graph to draw trend lines for AZZ Incorporated. You can use it to identify possible trend reversals for AZZ Incorporated as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual AZZ Incorporated price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

AZZ Incorporated Best Fit Change Line

The following chart estimates an ordinary least squares regression model for AZZ Incorporated applied against its price change over selected period. The best fit line has a slop of   0.25  , which may imply that AZZ Incorporated will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 2382.92, which is the sum of squared deviations for the predicted AZZ Incorporated price change compared to its average price change.

About AZZ Incorporated Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of AZZ Incorporated on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of AZZ Incorporated based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on AZZ Incorporated price pattern first instead of the macroeconomic environment surrounding AZZ Incorporated. By analyzing AZZ Incorporated's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of AZZ Incorporated's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to AZZ Incorporated specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 (projected)
Dividend Yield0.01380.02250.0184
Price To Sales Ratio1.360.760.91

AZZ Incorporated April 22, 2024 Technical Indicators

Most technical analysis of AZZ help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for AZZ from various momentum indicators to cycle indicators. When you analyze AZZ charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

AZZ Incorporated April 22, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as AZZ stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether AZZ Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AZZ Incorporated's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Azz Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Azz Incorporated Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AZZ Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy AZZ Stock please use our How to Invest in AZZ Incorporated guide.
Note that the AZZ Incorporated information on this page should be used as a complementary analysis to other AZZ Incorporated's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Complementary Tools for AZZ Stock analysis

When running AZZ Incorporated's price analysis, check to measure AZZ Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AZZ Incorporated is operating at the current time. Most of AZZ Incorporated's value examination focuses on studying past and present price action to predict the probability of AZZ Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AZZ Incorporated's price. Additionally, you may evaluate how the addition of AZZ Incorporated to your portfolios can decrease your overall portfolio volatility.
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Is AZZ Incorporated's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AZZ Incorporated. If investors know AZZ will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AZZ Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.02
Dividend Share
0.68
Earnings Share
3.02
Revenue Per Share
60.318
Quarterly Revenue Growth
0.022
The market value of AZZ Incorporated is measured differently than its book value, which is the value of AZZ that is recorded on the company's balance sheet. Investors also form their own opinion of AZZ Incorporated's value that differs from its market value or its book value, called intrinsic value, which is AZZ Incorporated's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AZZ Incorporated's market value can be influenced by many factors that don't directly affect AZZ Incorporated's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AZZ Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if AZZ Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AZZ Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.