AMEREN CORPORATION (AEE) Technical Analysis
NYSE:AEE • US0236081024
Current stock price
AEE Technical Rating and Analysis
Overall AEE gets a technical rating of 7 out of 10. Although AEE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- AEE is one of the better performing stocks in the Multi-Utilities industry, it outperforms 76% of 26 stocks in the same industry.
- AEE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AEE is lagging the market slightly.
- AEE has an average volume of 1842690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, AEE outperforms 57% of them, which is more or less in line with the market.
- In the last month AEE has a been trading in the 105.66 - 115.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AEE Weekly and Daily overview Charts
AEE Setup Rating and Analysis
Although AEE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
AEE Support and Resistance Analysis
94.05
When analyzing the support we can see 4 important areas.
- A support zone ranging from 108.03 to 111.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 103.53 to 104.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @100.92 from a horizontal line in the daily time frame.
- A support zone ranging from 95.00 to 99.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 113.45 to 114.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
AEE Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for AEE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AEE is up. |
| ChartMill Relative Strength | 57.62 | NEUTRAL | AEE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AEE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AEE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AEE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.71 | NEUTRAL | The RSI value for AEE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests AEE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.91 | NEUTRAL | The Stochastics value for AEE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for AEE suggests low volalility. |
| Average Directional Index/ADX (14) | 14.48 | NEGATIVE | The low ADX value for AEE suggests a weak or negative trend. |
AEE Chart- and CandleStick Pattern Analysis
AEE Technicals: Chart, Performance Metrics, Trend & Indicators
111.78
-1.67 (-1.47%)
AMEREN CORPORATION / AEE TA FAQ
What is the technical rating for AEE stock?
ChartMill assigns a technical rating of 7 / 10 to AEE.
What is the trend direction for AEE stock?
The current trend direction for AMEREN CORPORATION (AEE) is Bullish.
What is the RSI signal for AEE stock?
AMEREN CORPORATION (AEE) has an RSI value of 54.7052. This indicates that the stock is currently neutral.
What is the MACD signal for AMEREN CORPORATION (AEE) stock?
The MACD indicator for AMEREN CORPORATION (AEE) has a value of 0.295129, indicating a bearish trend.
What are the support and resistance levels for AMEREN CORPORATION (AEE) stock?
AMEREN CORPORATION (AEE) has a support level at 111.72 and a resistance level at 113.45. Check the full technical report for our detailed analysis of AEE support and resistance levels.