AMERICAN ELECTRIC POWER (AEP) Stock Technical Analysis
NASDAQ:AEP - Nasdaq - US0255371017 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to AEP. AEP has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
AEP is part of the Electric Utilities industry. There are 47 other stocks in this industry, of which 63% are performing better than AEP.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
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 2980380 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 47% 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 100.72 and 104.83.
AEP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 103.78, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
91.13
110.36
We found 3 important support areas.
- A support zone ranging from 100.56 to 103.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 96.69 to 97.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @92.05 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 107.70 to 109.27. 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 | 47.75 | 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) | DOWN | MIXED | The current price of AEP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.76 | NEUTRAL | The RSI value for AEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests AEP has a positive trend. |
| Stochastics (14,3) | 75.83 | NEUTRAL | The Stochastics value for AEP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.35 | LOW VOLATILITY | The low ATR as a percentage value for AEP suggests low volalility. |
| Average Directional Index/ADX (14) | 12.81 | NEGATIVE | The low ADX value for AEP suggests a weak or negative 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)
103.86
+0.6 (+0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.58%
1 Week1.48%
2 Weeks2.63%
1 Month1.97%
3 Month-0.59%
6 Month12.83%
12 Month18.21%
2 Year22.56%
3 Year5.38%
5 Year19.54%
10 Year83.6%
15 Year188.66%
Volatility
ATR(14)1.54
ATR(20)%1.35%
ATR Inc6.48%
Range Today1.3
ADR(20)1.35
ADR(20)%1.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.75
Mansfield-0.48
10 Day High104.83
10 Day Low101.11
20 Day High104.83
20 Day Low100.72
52 Week High110.48
52 Week Low86.83
CS1 End103.78
CR1 Start107.7
Volume & EV
DER(3)-0.37%
DER(5)0.27%
Volume1.62M
Volume Incr18.91%
Vol(5)3.02M
Vol(50)2.98M