Taking everything into account, AEPPZ scores 0 out of 10 in our technical rating. AEPPZ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of AEPPZ is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
46.64
When analyzing the support we notice one important area.
We can see 2 important resistance areas.
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 | DOWN | NEGATIVE | The long term trend for AEPPZ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AEPPZ is down. |
| ChartMill Relative Strength | 27.41 | NEGATIVE | AEPPZ has a low relative strength, it was outperformed by 72.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AEPPZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AEPPZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AEPPZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.12 | OVERSOLD | The low RSI value suggests AEPPZ may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests AEPPZ has a negative trend. |
| Stochastics (14,3) | 13.05 | OVERSOLD | The low Stochastics value suggests AEPPZ may be oversold. |
| Average True Range in percent/ATR (20) | 1.2 | LOW VOLATILITY | The low ATR as a percentage value for AEPPZ suggests low volalility. |
| Average Directional Index/ADX (14) | 28.21 | POSITIVE | The high ADX value value for AEPPZ suggests a strong trend. |
AMERICAN ELECTRIC POWER - AEP 6 1/8 08/15/23
NASDAQ:AEPPZ (8/14/2023, 8:00:00 PM)
After market: 47.4 +0.28 (+0.59%)47.12
-0.52 (-1.09%)
ChartMill assigns a technical rating of 0 / 10 to AEPPZ.
The current trend direction for AMERICAN ELECTRIC POWER - AEP 6 1/8 08/15/23 (AEPPZ) is Bearish.
AMERICAN ELECTRIC POWER - AEP 6 1/8 08/15/23 (AEPPZ) has an RSI value of 28.1164. This indicates that the stock is currently oversold.
The MACD indicator for AMERICAN ELECTRIC POWER - AEP 6 1/8 08/15/23 (AEPPZ) has a value of -0.240355, indicating a bearish trend.
AMERICAN ELECTRIC POWER - AEP 6 1/8 08/15/23 (AEPPZ) has a support level at 47.11 and a resistance level at 48.38. Check the full technical report for our detailed analysis of AEPPZ support and resistance levels.