AMERICAN ELECTRIC POWER (AEP) Stock Technical Analysis
NASDAQ:AEP - Nasdaq - US0255371017 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to AEP. AEP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
AEP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AEP is performing more or less in line with the market.
AEP has an average volume of 3440950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, AEP outperforms 66% of them, which is more or less in line with the market.
AEP is part of the Electric Utilities industry. There are 47 other stocks in this industry, AEP did better than 45% of them.
In the last month AEP has a been trading in a tight range between 100.78 and 104.24.
AEP has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 103.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 102.57, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AEP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
91.13
110.36
We found 4 important support areas.
- A support zone ranging from 99.58 to 102.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @97.88 from a horizontal line in the daily time frame.
- Support @96.16 from a trend line in the weekly time frame.
- Support @92.05 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 103.64 to 104.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for AEP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AEP is neutral. |
| ChartMill Relative Strength | 66.33 | 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) | 49.61 | NEUTRAL | The RSI value for AEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests AEP has a positive trend. |
| Stochastics (14,3) | 61.54 | NEUTRAL | The Stochastics value for AEP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.31 | LOW VOLATILITY | The low ATR as a percentage value for AEP suggests low volalility. |
| Average Directional Index/ADX (14) | 18.93 | 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)
102.9
-0.12 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.12%
1 Week1.09%
2 Weeks-0.57%
1 Month1.27%
3 Month-2.52%
6 Month10.99%
12 Month16.93%
2 Year22.21%
3 Year7.25%
5 Year29.21%
10 Year94.26%
15 Year218.58%
Volatility
ATR(14)1.26
ATR(20)%1.31%
ATR Inc-21.78%
Range Today1.01
ADR(20)1.34
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
CRS66.33
Mansfield-0.09
10 Day High103.68
10 Day Low100.78
20 Day High104.24
20 Day Low100.78
52 Week High110.48
52 Week Low85.93
CS1 End102.57
CR1 Start103.64
Volume & EV
DER(3)3.1%
DER(5)2.09%
Volume2.39M
Volume Incr-22.02%
Vol(5)2.37M
Vol(50)3.44M