AMERICAN ELECTRIC POWER (AEP) Technical Analysis
NASDAQ:AEP • US0255371017
Current stock price
AEP Technical Rating and Analysis
Taking everything into account, AEP scores 10 out of 10 in our technical rating. 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 84% of all other stocks. We also observe that the gains produced by AEP over the past year are nicely spread over this period.
- AEP is part of the Electric Utilities industry. There are 46 other stocks in this industry. AEP outperforms 84% of them.
- AEP is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so AEP is leading the market.
- AEP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- AEP has an average volume of 3485540 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
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 133.83. Right above this resistance zone may be a good entry point.
More info and screens
AEP Support and Resistance Analysis
103.44
When analyzing the support we can see 4 important areas.
- Support @121.79 from a trend line in the weekly time frame.
- Support @117.11 from a trend line in the weekly time frame.
- A support zone ranging from 113.70 to 115.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @104.48 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 133.83 to 133.83. 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 | 84.31 | POSITIVE | AEP has a high relative strength, it outperformed 84.31% 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) | 66.56 | 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) | 61.96 | 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) | 39.54 | POSITIVE | The high ADX value value for AEP suggests a strong trend. |
AEP Chart- and CandleStick Pattern Analysis
AEP Example Setup
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 |
|---|---|---|---|
| 133.84 | 129.59 | 4.25 (3.18%) | 25.00% |
| An entry @133.84. This is a Buy Stop order right above the resistance zone. | An exit @129.59. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.25 points, which is 3.18%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.79%. |
- 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.
AEP Technicals: Chart, Performance Metrics, Trend & Indicators
133.61
+1.39 (+1.05%)
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.
Can you provide the RSI signal for AMERICAN ELECTRIC POWER?
AMERICAN ELECTRIC POWER (AEP) has an RSI value of 66.5595. 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 -0.388736, 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.