AMERICAN ELECTRIC POWER (AEP) Stock Technical Analysis
USA - NASDAQ:AEP - US0255371017 - Common Stock
Taking everything into account, AEP scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AEP is only an average performer.
Besides having an excellent technical rating, AEP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
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100.27
When analyzing the support we can see 2 important areas.
- A support zone ranging from 106.13 to 109.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 101.28 to 102.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 116.43 to 118.53. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 63.55 | NEUTRAL | AEP is not amongst the best or worst performers 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) | 57.96 | NEUTRAL | The RSI value for AEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests AEP has a negative trend. |
| Stochastics (14,3) | 24.58 | NEUTRAL | The Stochastics value for AEP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for AEP suggests low volalility. |
| Average Directional Index/ADX (14) | 37.42 | POSITIVE | The high ADX value value for AEP suggests a strong trend. |
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 |
|---|---|---|---|
| 118.54 | 115.11 | 3.43 (2.89%) | 25.00% |
| An entry @118.54. This is a Buy Stop order right above the resistance zone. | An exit @115.11. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.43 points, which is 2.89%. | For a 0.72% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
116.39
+0.41 (+0.35%)
AMERICAN ELECTRIC POWER / AEP FAQ
Can you provide the ChartMill technical rating for AMERICAN ELECTRIC POWER?
ChartMill assigns a technical rating of 8 / 10 to AEP.
What is the current trend direction of AMERICAN ELECTRIC POWER (AEP) stock?
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 57.9623. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AMERICAN ELECTRIC POWER?
The MACD indicator for AMERICAN ELECTRIC POWER (AEP) has a value of -0.328059, indicating a bearish trend.
What is the short term momentum for AMERICAN ELECTRIC POWER (AEP) stock?
The short term momentum for AMERICAN ELECTRIC POWER (AEP) is positive.