AMERICAN EAGLE OUTFITTERS (AEO) Stock Technical Analysis
NYSE:AEO - New York Stock Exchange, Inc. - US02553E1064 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to AEO. Although AEO is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, AEO is a bad performer in the overall market: 85% of all stocks are doing better.
AEO is one of the lesser performing stocks in the Specialty Retail industry. 67% of 124 stocks in the same industry do better.
AEO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long and short term trends are both positive. This is looking good!
AEO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
AEO has an average volume of 12145000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, AEO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
10.32
16.14
We found 2 important support areas.
- Support @11.65 from a trend line in the daily time frame.
- Support @10.42 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @13.00 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 13.36 to 13.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @15.98 from a trend line in the weekly time frame.
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 AEO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AEO is up. |
| ChartMill Relative Strength | 15.23 | NEGATIVE | AEO has a low relative strength, it was outperformed by 84.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AEO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AEO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AEO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.66 | NEUTRAL | The RSI value for AEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AEO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.81 | NEUTRAL | The Stochastics value for AEO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.71 | HIGH VOLATILITY | The high ATR as a percentage value for AEO suggests high volalility. |
| Average Directional Index/ADX (14) | 33.92 | POSITIVE | The high ADX value value for AEO suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 13.01 | 12.00 | 1.01 (7.80%) | 12.82% |
| An entry @13.01. This is a Buy Stop order right above the resistance zone. | An exit @12.00. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.01 points, which is 7.80%. | For a 1.00% total portfolio risk, you can invest 12.82% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AEO. 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.
12.63
-0.23 (-1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-1.79%
1 Week0.72%
2 Weeks5.07%
1 Month23.95%
3 Month18.04%
6 Month-8.28%
12 Month-43.03%
2 Year-25.53%
3 Year12.17%
5 Year0.16%
10 Year-25.79%
15 Year-0.08%
Volatility
ATR(14)0.89
ATR(20)%6.71%
ATR Inc-23.01%
Range Today0.92
ADR(20)0.75
ADR(20)%5.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.23
Mansfield-2.12
10 Day High13.55
10 Day Low12.01
20 Day High13.55
20 Day Low10.29
52 Week High22.83
52 Week Low9.27
CS1 End11.65
CR1 Start13
Volume & EV
DER(3)-1.52%
DER(5)-1.15%
Volume10.32M
Volume Incr-24.4%
Vol(5)13.40M
Vol(50)12.14M