AMERICAN ELECTRIC POWER (AEP) Technical Analysis
NASDAQ:AEP • US0255371017
Current stock price
AEP Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to AEP. Both in the recent history as in the last year, AEP has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, AEP did better than 75% of all other stocks. We also observe that the gains produced by AEP over the past year are nicely spread over this period.
- AEP is one of the better performing stocks in the Electric Utilities industry, it outperforms 78% of 47 stocks in the same industry.
- AEP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month AEP has a been trading in the 129.89 - 137.74 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- AEP has an average volume of 3294500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AEP Weekly and Daily overview Charts
AEP Setup Rating and Analysis
AEP has an excellent technical rating and 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 136.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 133.97, a Stop Loss order could be placed below this zone.
More info and screens
AEP Support and Resistance Analysis
103.44
We found 5 important support areas.
- A support zone ranging from 130.60 to 133.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 125.65 to 125.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @120.86 from a trend line in the daily time frame.
- A support zone ranging from 115.00 to 115.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @104.48 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 136.31 to 137.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
AEP 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 AEP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AEP is up. |
| ChartMill Relative Strength | 75.95 | POSITIVE | AEP has a high relative strength, it outperformed 75.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AEP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AEP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AEP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.98 | NEUTRAL | The RSI value for AEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests AEP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.49 | NEUTRAL | The Stochastics value for AEP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for AEP suggests low volalility. |
| Average Directional Index/ADX (14) | 14.01 | NEGATIVE | The low ADX value for AEP suggests a weak or negative trend. |
AEP Chart- and CandleStick Pattern Analysis
AEP 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 |
|---|---|---|---|
| 137.17 | 131.19 | 5.98 (4.36%) | 22.94% |
| An entry @137.17. This is a Buy Stop order right above the resistance zone. | An exit @131.19. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.98 points, which is 4.36%. | For a 1.00% total portfolio risk, you can invest 22.94% 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.
AEP Technicals: Chart, Performance Metrics, Trend & Indicators
135.07
+0.34 (+0.25%)
AMERICAN ELECTRIC POWER / AEP TA FAQ
Can you provide the ChartMill technical rating for AMERICAN ELECTRIC POWER?
ChartMill assigns a technical rating of 10 / 10 to AEP.
Can you provide the trend direction for AMERICAN ELECTRIC POWER?
The current trend direction for AMERICAN ELECTRIC POWER (AEP) is Bullish.
What is the RSI signal for AEP stock?
AMERICAN ELECTRIC POWER (AEP) has an RSI value of 57.9802. This indicates that the stock is currently neutral.
What is the MACD signal for AEP stock?
The MACD indicator for AMERICAN ELECTRIC POWER (AEP) has a value of -0.105628, indicating a bearish trend.
What is the support and resistance level for AEP stock?
AMERICAN ELECTRIC POWER (AEP) has a support level at 133.97 and a resistance level at 136.31. Check the full technical report for our detailed analysis of AEP support and resistance levels.