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AMERICAN EQUITY INVT LIFE HL (AEL) Stock Technical Analysis

NYSE:AEL - New York Stock Exchange, Inc. - US0256762065 - Common Stock - Currency: USD

56.47  +0.31 (+0.55%)

After market: 56.47 0 (0%)

Technical Rating and Analysis

9

Taking everything into account, AEL scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AEL is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that AEL is one of the better performing stocks in the market, outperforming 84% of all stocks.
AEL is part of the Insurance industry. There are 143 other stocks in this industry. AEL outperforms 78% of them.
A new 52 week high is currently being made by AEL, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so AEL is leading the market.
AEL has an average volume of 1164630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month AEL has a been trading in a tight range between 54.89 and 57.29.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
AMERICAN EQUITY INVT LIFE HL / AEL Weekly stock chart
AMERICAN EQUITY INVT LIFE HL / AEL Daily stock chart
Setup Rating and Analysis

6

AEL has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

54.54

57.09

When analyzing the support we notice one important area.

  • A support zone ranging from 55.09 to 56.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 56.48 to 56.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for AEL is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for AEL is up.
ChartMill Relative Strength84.04POSITIVEAEL has a high relative strength, it outperformed 84.04% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of AEL is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of AEL is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of AEL is above the rising SMA(200).
Relative Strength Index/RSI (14)59.74NEUTRALThe RSI value for AEL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.08POSITIVEThe MACD value suggests AEL has a positive trend.
Stochastics (14,3)69.37NEUTRALThe Stochastics value for AEL is a neutral value.
Average True Range in percent/ATR (20)0.77LOW VOLATILITYThe low ATR as a percentage value for AEL suggests low volalility.
Average Directional Index/ADX (14)17.54NEGATIVEThe low ADX value for AEL suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
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.

ENTRYEXITDISTANCECAPITAL
56.5355.141.39 (2.46%)25.00%
An entry @56.53. This is a Buy Stop order right above the resistance zone.An exit @55.14. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 1.39 points, which is 2.46%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.61%.

  • 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.
AMERICAN EQUITY INVT LIFE HL / AEL Daily stock chart

AMERICAN EQUITY INVT LIFE HL

NYSE:AEL (5/2/2024, 8:04:00 PM)

After market: 56.47 0 (0%)

56.47

+0.31 (+0.55%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.55%
1 Week0.46%
2 Weeks2.41%
1 Month0.84%
3 Month1.84%
6 Month5.28%
12 Month45.73%
2 Year40.26%
3 Year85.15%
5 Year99.47%
10 Year150.76%
15 Year871.95%
Volatility
ATR(14)0.47
ATR(20)%0.77%
ATR Inc100.65%
Range Today1.18
ADR(20)0.41
ADR(20)%0.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.04
Mansfield-0.31
10 Day High57.29
10 Day Low55.15
20 Day High57.29
20 Day Low54.89
52 Week High57.29
52 Week Low38.03
CS1 End56.28
CR1 Start56.48
Volume & EV
DER(3)1.54%
DER(5)3.67%
Volume25.37M
Volume Incr801.25%
Vol(5)6.37M
Vol(50)1.16M