AMEREN CORPORATION (AEE) Technical Analysis
NYSE:AEE • US0236081024
Current stock price
AEE Technical Rating and Analysis
Taking everything into account, AEE scores 8 out of 10 in our technical rating. 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 72% of 26 stocks in the same industry.
- AEE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AEE is performing more or less in line with the market.
- AEE has an average volume of 1777810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that AEE is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month AEE has a been trading in a tight range between 108.25 and 113.93.
AEE Weekly and Daily overview Charts
AEE Setup Rating and Analysis
Besides having an excellent technical rating, AEE also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 113.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 111.43, a Stop Loss order could be placed below this zone.
More info and screens
AEE Support and Resistance Analysis
94.05
5 important support areas can be observed.
- Support @110.31 from a trend line in the daily time frame.
- A support zone ranging from 106.71 to 108.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @104.88 from a horizontal line in the daily time frame.
- A support zone ranging from 100.92 to 102.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
We found 1 important resistance area.
- A resistance zone ranging from 113.28 to 113.33. 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 | 75.35 | POSITIVE | AEE has a high relative strength, it outperformed 75.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AEE is below the rising 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) | 59.77 | NEUTRAL | The RSI value for AEE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests AEE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.04 | NEUTRAL | The Stochastics value for AEE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for AEE suggests low volalility. |
| Average Directional Index/ADX (14) | 23.71 | NEUTRAL | The ADX value for AEE suggests a possible start of a new trend. |
AEE Chart- and CandleStick Pattern Analysis
AEE Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 113.34 | 110.30 | 3.04 (2.68%) | 25.00% |
| An entry @113.34. This is a Buy Stop order right above the resistance zone. | An exit @110.30. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.04 points, which is 2.68%. | For a 0.67% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AEE Technicals: Chart, Performance Metrics, Trend & Indicators
110.75
-1.48 (-1.32%)
AMEREN CORPORATION / AEE TA FAQ
What is the technical rating for AEE stock?
ChartMill assigns a technical rating of 8 / 10 to AEE.
What is the trend direction for AEE stock?
The current trend direction for AMEREN CORPORATION (AEE) is Bullish.
Can you provide the RSI signal for AMEREN CORPORATION?
AMEREN CORPORATION (AEE) has an RSI value of 59.7745. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AMEREN CORPORATION?
The short term momentum for AMEREN CORPORATION (AEE) is positive.
What is the buy/sell signal for AMEREN CORPORATION (AEE) stock?
The buy/sell signal for AMEREN CORPORATION (AEE) is buy as both the short term and long term trends are positive.