We assign a technical rating of 5 out of 10 to AEP. In the last year, AEP was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- AEP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AEP is lagging the market slightly.
- In the last month AEP has a been trading in the 112.53 - 120.44 range, which is quite wide. It is currently trading near the high of this range.
- AEP has an average volume of 3350640 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, AEP turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
- AEP is an average performer in the Electric Utilities industry, it outperforms 66% of 46 stocks in the same industry.
AEP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 117.78, a Stop Loss order could be placed below this zone.
More info and screens
100.73
4 important support areas can be observed.
- A support zone ranging from 113.70 to 117.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @108.50 from a horizontal line in the daily time frame.
- Support @104.48 from a horizontal line in the weekly time frame.
- Support @101.75 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 118.07 to 118.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 122.11 to 123.77. 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 | NEUTRAL | NEUTRAL | The short term trend for AEP is neutral. |
| ChartMill Relative Strength | 66.46 | 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) | DOWN | MIXED | The current price of AEP is above a declining 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) | 53.76 | NEUTRAL | The RSI value for AEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests AEP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.93 | NEUTRAL | The Stochastics value for AEP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for AEP suggests low volalility. |
| Average Directional Index/ADX (14) | 18.62 | NEGATIVE | The low ADX value for AEP suggests a weak or negative trend. |
118.02
+1.39 (+1.19%)
AMERICAN ELECTRIC POWER / AEP FAQ
Can you provide the ChartMill technical rating for AMERICAN ELECTRIC POWER?
ChartMill assigns a technical rating of 5 / 10 to AEP.
Can you provide the trend direction for AMERICAN ELECTRIC POWER?
The current trend direction for AMERICAN ELECTRIC POWER (AEP) is Bullish.
Can you provide the RSI signal for AMERICAN ELECTRIC POWER?
AMERICAN ELECTRIC POWER (AEP) has an RSI value of 53.7607. This indicates that the stock is currently neutral.
What is the MACD signal for AMERICAN ELECTRIC POWER (AEP) stock?
The MACD indicator for AMERICAN ELECTRIC POWER (AEP) has a value of 0.18553, indicating a bearish trend.
Can you provide the short term momentum for AMERICAN ELECTRIC POWER?
The short term momentum for AMERICAN ELECTRIC POWER (AEP) is neutral.