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AutoZone, Inc. Breaks Below 200-Day Moving Average - Bearish for AZO

By Market News Video Staff, Friday, August 5, 4:29 PM ET
Now Playing: Learn About The 200 DMA


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In trading on Friday, shares of AutoZone, Inc. (NYSE:AZO) crossed below their 200 day moving average of $270.38, changing hands as low as $270.24 per share. AutoZone, Inc. shares are currently trading up about 2.1% on the day. The chart below shows the one year performance of AZO shares, versus its 200 day moving average:

AutoZone, Inc. 200 Day Moving Average Chart

Looking at the chart above, AZO's low point in its 52 week range is $203.05 per share, with $302.00 as the 52 week high point — that compares with a last trade of $278.74.

According to the ETF Finder at ETF Channel, AZO makes up 5.12% of the Dynamic Retail Portfolio ETF (AMEX:PMR) which is trading relatively unchanged on the day Friday.

     See what other ETFs contain AZO »
     See what other stocks are held by PMR »

AZO operates in the Auto Dealerships sector, among companies like Lithia Motors, Inc. (NYSE:LAD) which is off about 0.2% today, and Pep Boys-Manny, Moe & Jack (NYSE:PBY) trading lower by about 1.3%. Below is a three month price history chart comparing the stock performance of AZO, versus LAD and PBY.

AZO,LAD,PBY Relative Performance Chart


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This Article's Word Cloud:   AMEX   According   AutoZone   Average   Below   Channel   ETFs   Friday   Investment   Manny   Moving   NYSE   Portfolio   Retail   about   allows   among   asset   average   below   bonds   chart   companies   completely   currently   designed   growth   hands   history   moving   operates   other   performance   point   portfolio   price   range   raquo   share   shares   short   stocks   terms   trading   unchanged   versus   week   what   which   with
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