AMERICAN ELECTRIC POWER (AEP) Technical Analysis
NASDAQ:AEP • US0255371017
Current stock price
AEP Technical Rating and Analysis
Overall AEP gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AEP is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, AEP did better than 72% of all other stocks. On top of that, AEP also shows a nice and consistent pattern of rising prices.
- AEP is part of the Electric Utilities industry. There are 47 other stocks in this industry. AEP outperforms 71% of them.
- 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 125.08 - 137.74 range, which is quite wide. It is currently trading near the high of this range.
- AEP has an average volume of 3555240 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
Although AEP has an excellent technical rating, the quality of the presented setup is 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
AEP Support and Resistance Analysis
103.44
5 important support areas can be observed.
- A support zone ranging from 128.95 to 131.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 124.73 to 125.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @120.00 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.
We found 1 important resistance 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 | 72.68 | POSITIVE | AEP has a high relative strength, it outperformed 72.68% 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) | 61.6 | NEUTRAL | The RSI value for AEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests AEP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.4 | NEUTRAL | The Stochastics value for AEP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for AEP suggests low volalility. |
| Average Directional Index/ADX (14) | 21.68 | NEUTRAL | The ADX value for AEP suggests a possible start of a new trend. |
AEP Chart- and CandleStick Pattern Analysis
AEP Technicals: Chart, Performance Metrics, Trend & Indicators
135.46
+1 (+0.74%)
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 61.5975. 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 0.364374, indicating a bearish trend.
What is the support and resistance level for AEP stock?
AMERICAN ELECTRIC POWER (AEP) has a support level at 131.64 and a resistance level at 136.31. Check the full technical report for our detailed analysis of AEP support and resistance levels.