ADVANCE AUTO PARTS INC (AAP) Stock Technical Analysis
USA - NYSE:AAP - US00751Y1064 - Common Stock
50.03 USD
-0.19 (-0.38%)
50.03 USD
0 (0%)
Overall AAP gets a technical rating of 1 out of 10. AAP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month AAP has a been trading in the 45.50 - 60.94 range, which is quite wide. It is currently trading near the lows of this range.
AAP is part of the Specialty Retail industry. There are 122 other stocks in this industry. AAP outperforms 73% of them.
AAP has an average volume of 1802200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that AAP is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
AAP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AAP is lagging the market.
AAP has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
45.82
62.01
3 important support areas can be observed.
- A support zone ranging from 48.53 to 49.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 47.12 to 47.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @46.28 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 53.29 to 53.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @57.01 from a horizontal line in the daily time frame.
- Resistance @59.51 from a trend line in the weekly time frame.
- Resistance @61.40 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for AAP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AAP is down. |
| ChartMill Relative Strength | 72.93 | POSITIVE | AAP has a high relative strength, it outperformed 72.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AAP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AAP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AAP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.95 | NEUTRAL | The RSI value for AAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests AAP has a positive trend. |
| Stochastics (14,3) | 31.89 | NEUTRAL | The Stochastics value for AAP is a neutral value. |
| Average True Range in percent/ATR (20) | 5.84 | HIGH VOLATILITY | The high ATR as a percentage value for AAP suggests high volalility. |
| Average Directional Index/ADX (14) | 18.72 | NEGATIVE | The low ADX value for AAP suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
50.03
-0.19 (-0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.38%
1 Week2.79%
2 Weeks6.15%
1 Month-6.87%
3 Month-11.98%
6 Month42.82%
12 Month32.74%
2 Year-1.5%
3 Year-66.87%
5 Year-66.13%
10 Year-69.26%
15 Year-24.19%
Volatility
ATR(14)3.16
ATR(20)%5.84%
ATR Inc-50.79%
Range Today1.13
ADR(20)2.89
ADR(20)%5.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.93
3 months CRS18.14
6 months CRS89.17
Mansfield-0.39
10 Day High52.17
10 Day Low46.02
20 Day High60.94
20 Day Low45.5
52 Week High70
52 Week Low28.89
CS1 End49.02
CR1 Start53.29
Volume & EV
DER(3)-1.38%
DER(5)-1.49%
Volume1.33M
Volume Incr-16.98%
Vol(5)1.57M
Vol(50)1.80M
ADVANCE AUTO PARTS INC / AAP FAQ
What is the technical rating for AAP stock?
ChartMill assigns a technical rating of 1 / 10 to AAP.
What is the trend direction for AAP stock?
The current trend direction for ADVANCE AUTO PARTS INC (AAP) is Bearish.
Can you provide the RSI signal for ADVANCE AUTO PARTS INC?
ADVANCE AUTO PARTS INC (AAP) has an RSI value of 43.9536. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ADVANCE AUTO PARTS INC?
The MACD indicator for ADVANCE AUTO PARTS INC (AAP) has a value of 0.248607, indicating a bearish trend.