Monday, September 12, 2011

Autozone seems on autopilot

This morning while using Barchart to screen for stock hitting the most recent new highs Autozone (AZO) popped right to the top.


Barchart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving average
  • 19 new highs and up 12.28% in the last 20 trading sessions
  • Relative Strength Index 66.80 and still rising
  • Barchart computes a technical support level at 308.46
  • Recently traded at 314.79 which is above its 50 day moving average of 294.72
Jim Van Meerten is a Marketocracy Master

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