AES CORP (AES) Stock Technical Analysis
NYSE:AES • US00130H1059
Taking everything into account, AES scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AES has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that AES is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, AES also shows a nice and consistent pattern of rising prices.
- AES is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- AES is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- AES has an average volume of 8511950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- AES is part of the Independent Power and Renewable Electricity Producers industry. There are 20 other stocks in this industry, AES did better than 63% of them.
AES has an excellent technical rating and 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. There is a resistance zone just above the current price starting at 16.37. Right above this resistance zone may be a good entry point.
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13.31
When analyzing the support we can see 4 important areas.
- A support zone ranging from 14.59 to 14.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.19 to 14.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 13.94 to 13.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.44 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 16.37 to 16.44. This zone is formed by a combination of multiple trend lines 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 AES is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AES is up. |
| ChartMill Relative Strength | 87.69 | POSITIVE | AES has a high relative strength, it outperformed 87.69% 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) | UP | POSITIVE | The current price of AES is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.61 | NEUTRAL | The RSI value for AES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests AES has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.08 | OVERBOUGHT | The high Stochastics value suggests AES may be overbought. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for AES suggests some volalility. |
| Average Directional Index/ADX (14) | 37.79 | POSITIVE | The high ADX value value for AES 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 |
|---|---|---|---|
| 16.45 | 15.34 | 1.11 (6.75%) | 14.82% |
| An entry @16.45. This is a Buy Stop order right above the resistance zone. | An exit @15.34. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.11 points, which is 6.75%. | When investing 14.82% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
16.36
+0.07 (+0.43%)
AES CORP / AES FAQ
What is the ChartMill technical rating of AES CORP (AES) stock?
ChartMill assigns a technical rating of 10 / 10 to AES.
What is the trend direction for AES stock?
The current trend direction for AES CORP (AES) is Bullish.
What is the RSI signal for AES stock?
AES CORP (AES) has an RSI value of 64.6056. This indicates that the stock is currently neutral.
What is the short term momentum for AES CORP (AES) stock?
The short term momentum for AES CORP (AES) is positive.
Can you provide the buy/sell signal for AES CORP?
The buy/sell signal for AES CORP (AES) is buy as both the short term and long term trends are positive.