AMEREN CORPORATION (AEE) Stock Technical Analysis
NYSE:AEE • US0236081024
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.
- Both the short term and long term trends are positive. This is a very positive sign.
- A new 52 week high is currently being made by AEE, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month AEE has a been trading in the 101.57 - 112.66 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- AEE has an average volume of 1831480 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 61% of all stocks.
- AEE is part of the Multi-Utilities industry. There are 26 other stocks in this industry, AEE did better than 64% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AEE has an excellent technical rating, it does not offer a high quality setup 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
94.83
We found 2 important support areas.
- A support zone ranging from 100.75 to 106.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
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 | 61.03 | NEUTRAL | AEE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AEE is above 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) | 74.64 | OVERBOUGHT | The high RSI value suggests AEE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.66 | POSITIVE | The MACD value suggests AEE has a positive trend. |
| Stochastics (14,3) | 87.86 | OVERBOUGHT | The high Stochastics value suggests AEE may be overbought. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for AEE suggests low volalility. |
| Average Directional Index/ADX (14) | 28.85 | POSITIVE | The high ADX value value for AEE suggests a strong trend. |
110.54
-0.43 (-0.39%)
AMEREN CORPORATION / AEE 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 74.6351. This indicates that the stock is currently overbought.
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.