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.
- In the last month AEP has a been trading in the 126.71 - 135.00 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, AEP did better than 80% 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 one of the better performing stocks in the Electric Utilities industry, it outperforms 73% of 46 stocks in the same industry.
- 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 3578000 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, it does not offer a high quality setup 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
4 important support areas can be observed.
- Support @122.38 from a trend line in the weekly time frame.
- Support @117.51 from a trend line in the weekly time frame.
- A support zone ranging from 113.70 to 115.42. 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 132.06 to 134.16. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for AEP is neutral. |
| ChartMill Relative Strength | 80.5 | POSITIVE | AEP has a high relative strength, it outperformed 80.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AEP is below 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) | 46.39 | NEUTRAL | The RSI value for AEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.74 | NEGATIVE | The MACD value suggests AEP has a negative trend. |
| Stochastics (14,3) | 41.35 | NEUTRAL | The Stochastics value for AEP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for AEP suggests low volalility. |
| Average Directional Index/ADX (14) | 36.39 | POSITIVE | The high ADX value value for AEP suggests a strong trend. |
AEP Chart- and CandleStick Pattern Analysis
AEP Technicals: Chart, Performance Metrics, Trend & Indicators
128.72
-2.25 (-1.72%)
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 46.3888. 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 -0.740052, 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 neutral.