AMEREN CORPORATION (AEE) Technical Analysis
NYSE:AEE • US0236081024
Current stock price
AEE Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to AEE. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AEE is only an average performer.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- 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 however is currently trading near a new high, so AEE is lagging the market slightly.
- AEE has an average volume of 1798940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, AEE turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
- In the last month AEE has a been trading in the 106.34 - 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 the technical rating is only medium, AEE does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 109.43, a Stop Loss order could be placed below this zone.
More info and screens
AEE Support and Resistance Analysis
94.83
We found 4 important support areas.
- A support zone ranging from 108.82 to 109.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 103.88 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 95.79 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 110.51 to 114.32. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for AEE is neutral. |
| ChartMill Relative Strength | 57.21 | NEUTRAL | AEE is not amongst the best or worst performers 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 | MIXED | The current price of AEE is below 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) | 46.26 | NEUTRAL | The RSI value for AEE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests AEE has a negative trend. |
| Stochastics (14,3) | 36.48 | 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) | 11.26 | NEGATIVE | The low ADX value for AEE suggests a weak or negative 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 |
|---|---|---|---|
| 112.13 | 109.86 | 2.27 (2.03%) | 25.00% |
| An entry @112.13. This is a Buy Stop order right above the 10 day moving average. | An exit @109.86. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.27 points, which is 2.03%. | For a 0.51% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AEE. Please evaluate whether better entry and exit points can be found.
- 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
109.96
-1.31 (-1.18%)
AMEREN CORPORATION / AEE TA FAQ
What is the technical rating for AEE stock?
ChartMill assigns a technical rating of 6 / 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 46.2573. 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 -0.175785, indicating a bearish trend.
What are the support and resistance levels for AMEREN CORPORATION (AEE) stock?
AMEREN CORPORATION (AEE) has a support level at 109.43 and a resistance level at 110.51. Check the full technical report for our detailed analysis of AEE support and resistance levels.