We assign a technical rating of 6 out of 10 to AEP. 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.
- The long and short term trends are both positive. This is looking good!
- AEP is part of the Electric Utilities industry. There are 46 other stocks in this industry. AEP outperforms 77% of them.
- 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.
- AEP has an average volume of 3405160 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 69% of them, which is more or less in line with the market.
- In the last month AEP has a been trading in a tight range between 112.53 and 118.57.
AEP has an average technical rating and the quality of the presented setup is also not ideal 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
100.73
When analyzing the support we can see 5 important areas.
- A support zone ranging from 113.70 to 116.66. 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 @106.19 from a trend line in the weekly 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 found 1 important resistance area.
- 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 | UP | POSITIVE | The short term trend for AEP is up. |
| ChartMill Relative Strength | 69.67 | 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 | NEGATIVE | The current price of AEP is below 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) | 57.98 | NEUTRAL | The RSI value for AEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests AEP has a positive trend. |
| Stochastics (14,3) | 83.25 | OVERBOUGHT | The high Stochastics value suggests AEP may be overbought. |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for AEP suggests low volalility. |
| Average Directional Index/ADX (14) | 24.34 | NEUTRAL | The ADX value for AEP suggests a possible start of a new trend. |
118.11
+1.49 (+1.28%)
AMERICAN ELECTRIC POWER / AEP FAQ
Can you provide the ChartMill technical rating for AMERICAN ELECTRIC POWER?
ChartMill assigns a technical rating of 6 / 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 57.9813. 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 0.444302, 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 positive.