AMERICAN ELECTRIC POWER (AEP) Stock Technical Analysis
NASDAQ:AEP - Nasdaq - US0255371017 - Common Stock - Currency: USD
Taking everything into account, AEP scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AEP is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
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 102.06 - 110.51 range, which is quite wide. It is currently trading near the high of this range.
AEP has an average volume of 2776030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, AEP outperforms 56% of them, which is more or less in line with the market.
AEP is part of the Electric Utilities industry. There are 47 other stocks in this industry, AEP did better than 52% of them.
AEP 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.
More info and screens
96.26
111.26
We found 3 important support areas.
- Support @109.27 from a horizontal line in the daily time frame.
- A support zone ranging from 101.28 to 107.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 97.23 to 98.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 109.80 to 110.16. 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 AEP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AEP is up. |
| ChartMill Relative Strength | 56.81 | NEUTRAL | AEP is not amongst the best or worst performers 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) | 68.66 | NEUTRAL | The RSI value for AEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests AEP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.07 | OVERBOUGHT | The high Stochastics value suggests AEP may be overbought. |
| Average True Range in percent/ATR (20) | 1.46 | LOW VOLATILITY | The low ATR as a percentage value for AEP suggests low volalility. |
| Average Directional Index/ADX (14) | 22.84 | NEUTRAL | The ADX value for AEP suggests a possible start of a new 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)
109.79
+0.82 (+0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.75%
1 Week2.23%
2 Weeks4.22%
1 Month7.27%
3 Month2.86%
6 Month11.83%
12 Month13.83%
2 Year29.56%
3 Year11.39%
5 Year26.37%
10 Year94.08%
15 Year205.14%
Volatility
ATR(14)1.67
ATR(20)%1.46%
ATR Inc-23.78%
Range Today1.22
ADR(20)1.57
ADR(20)%1.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.81
Mansfield-0.12
10 Day High110.51
10 Day Low103.64
20 Day High110.51
20 Day Low102.06
52 Week High110.51
52 Week Low89.91
CS1 End109.27
CR1 Start109.8
Volume & EV
DER(3)0.16%
DER(5)0.65%
Volume2.29M
Volume Incr-2.38%
Vol(5)2.79M
Vol(50)2.78M