AMERICAN ELECTRIC POWER - AEP 6 1/8 08/15/23 (AEPPZ) Technical Analysis
NASDAQ:AEPPZ • US02557T3077
Current stock price
AEPPZ Technical Rating and Analysis
Overall AEPPZ gets a technical rating of 0 out of 10. AEPPZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 73% of all other stocks performed better in the past year than AEPPZ.
- AEPPZ is one of the lesser performing stocks in the Electric Utilities industry. 80% of 47 stocks in the same industry do better.
- AEPPZ is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so AEPPZ is lagging the market.
- In the last month AEPPZ has a been trading in the 46.91 - 50.67 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
AEPPZ Weekly and Daily overview Charts
AEPPZ Setup Rating and Analysis
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.
More info and screens
AEPPZ Support and Resistance Analysis
46.64
When analyzing the support we notice one important area.
- A support zone ranging from 47.11 to 47.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 48.38 to 50.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 52.62 to 53.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
AEPPZ 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 | 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. |
AEPPZ Chart- and CandleStick Pattern Analysis
AEPPZ Technicals: Chart, Performance Metrics, Trend & Indicators
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%)
AMERICAN ELECTRIC POWER - AEP 6 1/8 08/15/23 / AEPPZ TA FAQ
What is the ChartMill technical rating of AMERICAN ELECTRIC POWER - AEP 6 1/8 08/15/23 (AEPPZ) stock?
ChartMill assigns a technical rating of 0 / 10 to AEPPZ.
What is the trend direction for AEPPZ stock?
The current trend direction for AMERICAN ELECTRIC POWER - AEP 6 1/8 08/15/23 (AEPPZ) is Bearish.
What is the RSI signal for AMERICAN ELECTRIC POWER - AEP 6 1/8 08/15/23 (AEPPZ) stock?
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.
What is the short term momentum for AEPPZ stock?
The short term momentum for AMERICAN ELECTRIC POWER - AEP 6 1/8 08/15/23 (AEPPZ) is negative.
What is the buy/sell signal for AEPPZ stock?
The buy/sell signal for AMERICAN ELECTRIC POWER - AEP 6 1/8 08/15/23 (AEPPZ) is sell as both the short term and long term trends are negative.