AES CORP (AES) Stock Technical Analysis
NYSE:AES - New York Stock Exchange, Inc. - US00130H1059 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to AES. AES has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
83% of all other stocks performed better in the past year than AES.
AES is part of the Independent Power and Renewable Electricity Producers industry. There are 19 other stocks in this industry, of which 83% are performing better than AES.
AES is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month AES has a been trading in the 10.02 - 13.34 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
AES has an average volume of 19180400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AES has an average technical rating and it also 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
9.70
13.40
When analyzing the support we can see 3 important areas.
- A support zone ranging from 10.92 to 11.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.49 from a trend line in the daily time frame.
- A support zone ranging from 9.80 to 9.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.23 to 13.27. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 AES is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AES is up. |
| ChartMill Relative Strength | 17.87 | NEGATIVE | AES has a low relative strength, it was outperformed by 82.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AES is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AES is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AES is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.84 | NEUTRAL | The RSI value for AES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests AES has a positive trend. |
| Stochastics (14,3) | 82.45 | OVERBOUGHT | The high Stochastics value suggests AES may be overbought. |
| Average True Range in percent/ATR (20) | 4.72 | MEDIUM VOLATILITY | The ATR as a percentage value for AES suggests some volalility. |
| Average Directional Index/ADX (14) | 17.42 | NEGATIVE | The low ADX value for AES 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)
12.59
+0.18 (+1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg1.45%
1 Week9.29%
2 Weeks16.47%
1 Month9.67%
3 Month22.23%
6 Month4.74%
12 Month-33.35%
2 Year-41.79%
3 Year-43.34%
5 Year-17.33%
10 Year-1.64%
15 Year22.11%
Volatility
ATR(14)0.64
ATR(20)%4.72%
ATR Inc29.55%
Range Today0.6
ADR(20)0.48
ADR(20)%3.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.87
Mansfield-1.37
10 Day High13.34
10 Day Low10.02
20 Day High13.34
20 Day Low10.02
52 Week High20.3
52 Week Low9.46
CS1 End11.22
CR1 Start13.23
Volume & EV
DER(3)3.53%
DER(5)1.41%
Volume20.99M
Volume Incr86.71%
Vol(5)31.58M
Vol(50)19.18M