Azz Inc is set to release its quarter 3 earnings by COP today. Experts are forecasting 470 million dollars for revenue with an EPS of 1.38.

Azz inc is set to release its quarter 3 earnings by COP today. Experts are forecasting 470 million dollars for revenue with an EPS of 1.38. From a technical overview, Azz’s shares currently sit at a price of $38.98. With the application of the Fibonacci retracement, towards the upside resistance sits at $40.01, just below the 38.2% fib level. A break above the 38.2% fib could cause positive momentum and see the stock make further gains towards the next resistance level at $40.30 (50% fib). On the downside, minor support sits at $37.94, just below the 23.6% fib. Followed by this is the major support base at $35.83. A break below the major support base could see the stock slide towards some of the pandemic lows. RSI reads 48 suggesting a neutral position but MACD has turned positive. Investors should be monitoring the earnings due today.