This Industrial Stock Signals a Bullish Move for Trend Followers
AZZ(AZZ) MarketBeat·2024-07-12 19:11
AZZ TodayAZZAZZ$81.20 +4.69 (+6.13%) 52-Week Range$42.55▼$86.94Dividend Yield0.84%P/E Ratio23.67Price Target$93.75Add to WatchlistTrend-following is one of the most basic and widely used technical trading strategies because it works. AZZ Inc. NYSE: AZZ sends a signal to trend-following investors: a solid, sizeable green candle confirming support at a critical level that coincides with a long-term moving average. The signal on AZZ’s chart is compounded by increased volume and coincident signals in the MACD a ...