AMERICAN ELECTRIC POWER (AEP) Stock Technical Analysis
NASDAQ:AEP - Nasdaq - US0255371017 - Common Stock - Currency: USD
Overall AEP gets a technical rating of 10 out of 10. 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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that AEP is one of the better performing stocks in the market, outperforming 73% of all 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 76% of 47 stocks in the same industry.
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 107.74 - 115.36 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
AEP has an average volume of 3093200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AEP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 113.58. Right above this resistance zone may be a good entry point.
More info and screens
96.90
116.15
We found 3 important support areas.
- Support @104.79 from a trend line in the daily time frame.
- A support zone ranging from 100.40 to 102.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 97.88 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 113.58 to 115.00. 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 | 73.36 | POSITIVE | AEP has a high relative strength, it outperformed 73.36% 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) | 58.36 | NEUTRAL | The RSI value for AEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests AEP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.83 | NEUTRAL | The Stochastics value for AEP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.55 | LOW VOLATILITY | The low ATR as a percentage value for AEP suggests low volalility. |
| Average Directional Index/ADX (14) | 29.32 | POSITIVE | The high ADX value value for AEP suggests a strong 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)
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 |
|---|---|---|---|
| 115.01 | 110.67 | 4.34 (3.77%) | 25.00% |
| An entry @115.01. This is a Buy Stop order right above the resistance zone. | An exit @110.67. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.34 points, which is 3.77%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.94%. |
- 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.
112.66
+1.96 (+1.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg1.77%
1 Week0.6%
2 Weeks-0.51%
1 Month2.27%
3 Month9.51%
6 Month6.96%
12 Month14.67%
2 Year43.7%
3 Year12.44%
5 Year42.92%
10 Year107.52%
15 Year218.16%
Volatility
ATR(14)1.56
ATR(20)%1.55%
ATR Inc2.96%
Range Today1.99
ADR(20)1.63
ADR(20)%1.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.36
Mansfield0.11
10 Day High114.47
10 Day Low110.68
20 Day High115.36
20 Day Low107.74
52 Week High115.36
52 Week Low89.91
CS1 End104.79
CR1 Start113.58
Volume & EV
DER(3)0.96%
DER(5)1.85%
Volume2.73M
Volume Incr-17.18%
Vol(5)3.01M
Vol(50)3.09M