ADVANCE AUTO PARTS INC (AAP)

US00751Y1064 - Common Stock

75.42  +0.28 (+0.37%)

After market: 75.42 0 (0%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to AAP. AAP was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.

When comparing the yearly performance of all stocks, AAP is a bad performer in the overall market: 82% of all stocks are doing better.
AAP has an average volume of 2095600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
AAP is an average performer in the Specialty Retail industry, it outperforms 43% of 126 stocks in the same industry.
AAP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AAP is lagging the market slightly.
In the last month AAP has a been trading in the 68.82 - 85.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
AAP Weekly chart
AAP Daily chart
Setup Rating and Analysis

6

AAP has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 74.53, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

58.86

87.31

4 important support areas can be observed.

  • A support zone ranging from 72.94 to 74.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 70.08 to 70.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 67.58 to 67.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @59.45 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 75.52 to 76.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @80.45 from a trend line in the weekly time frame.
  • A resistance zone ranging from 85.76 to 86.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.74
Mansfield-0.04
10 Day High79.41
10 Day Low68.82
20 Day High85.58
20 Day Low68.82
52 Week High127.31
52 Week Low47.73
Performance
1 Week-2.33%
2 Weeks7.62%
1 Month-11.72%
3 Month11.26%
6 Month31.99%
12 Month-39.06%
2 Year-62.22%
3 Year-62.32%
5 Year-54.65%
10 Year-37.82%
15 Year72.39%
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)
Technical Indicators
MACD(12,26,9)-0.25
RSI(14)46.89
LBB69.74
UBB80.47
AAP Daily chart

ADVANCE AUTO PARTS INC

NYSE:AAP (4/29/2024, 7:04:00 PM)

After market: 75.42 0 (0%)

75.42

+0.28 (+0.37%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.37%
1 Week-2.33%
2 Weeks7.62%
1 Month-11.72%
3 Month11.26%
6 Month31.99%
12 Month-39.06%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.97
ATR(20)%3.82%
ATR Inc
Range Today2.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High79.41
10 Day Low68.82
20 Day High85.58
20 Day Low68.82
52 Week High127.31
52 Week Low47.73
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.22M
Volume Incr-32.86%
Vol(5)1.11M
Vol(50)2.10M