AES CORP (AES) Stock Technical Analysis
NYSE:AES - New York Stock Exchange, Inc. - US00130H1059 - Common Stock - Currency: USD
Taking everything into account, AES 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, AES is only an average performer.
AES is part of the Independent Power and Renewable Electricity Producers industry. There are 19 other stocks in this industry, of which 77% are performing better than AES.
Both the short term and long term trends are positive. This is a very positive sign.
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 17678200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, AES outperforms 51% of them, which is more or less in line with the market.
AES is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AES is lagging the market slightly.
AES has an excellent technical rating, but the quality of the setup is only medium 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
9.83
14.14
We found 3 important support areas.
- A support zone ranging from 13.07 to 13.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.88 from a trend line in the daily time frame.
- Support @9.93 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.81 to 14.00. 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 | 51.71 | NEUTRAL | AES is not amongst the best or worst performers 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 | MIXED | The current price of AES is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.52 | NEUTRAL | The RSI value for AES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests AES has a negative trend. |
| Stochastics (14,3) | 46.56 | NEUTRAL | The Stochastics value for AES is a neutral value. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for AES suggests some volalility. |
| Average Directional Index/ADX (14) | 27.76 | POSITIVE | The high ADX value value for AES suggests a strong 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)
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 |
|---|---|---|---|
| 13.55 | 13.06 | 0.49 (3.64%) | 25.00% |
| An entry @13.55. This is a Buy Stop order right above the 10 day moving average. | An exit @13.06. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.49 points, which is 3.64%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.91%. |
- The distance between exit and entry is rather small compared to the average daily movement of AES. Please evaluate whether better entry and exit points can be found.
- 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.
13.23
+0.08 (+0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0.61%
1 Week-4.13%
2 Weeks-1.05%
1 Month14.84%
3 Month29.96%
6 Month20.27%
12 Month-22.77%
2 Year-26.21%
3 Year-48.02%
5 Year-25.46%
10 Year10.25%
15 Year29.2%
Volatility
ATR(14)0.42
ATR(20)%4.15%
ATR Inc22.1%
Range Today0.76
ADR(20)0.45
ADR(20)%3.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.71
Mansfield-0.66
10 Day High14
10 Day Low12.92
20 Day High14
20 Day Low10.98
52 Week High20.3
52 Week Low9.46
CS1 End13.22
CR1 Start13.81
Volume & EV
DER(3)1.31%
DER(5)0.18%
Volume19.65M
Volume Incr-31.04%
Vol(5)13.18M
Vol(50)17.68M