AZZ Inc is a global provider of metal coating services, welding solutions, and electrical equipment. They serve various industries, including power generation, transmission, and distribution, as well as industrial markets.
From a technical analysis perspective, AZZ stock is currently consolidating at a key Fibonacci level. This indicates that the stock's price has retraced a significant portion of its previous move and is now finding support or resistance at this level. Additionally, the stock is trading above the 75 level, which suggests a bullish bias.
Based on this analysis, the bias for AZZ stock is higher, with a potential target around 103. Traders and investors should closely monitor the stock's price action, volume patterns, and key technical indicators to confirm the continuation of the upward trend.
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