AES CORP/THE - AES 6 7/8 02/15/24 (AESC) Stock Technical Analysis
USA - NYSE:AESC - US00130H2040
Overall AESC gets a technical rating of 0 out of 10. AESC 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 technical rating of AESC is bad and it also does not present a 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
61.32
When analyzing the support we notice one important area.
- A support zone ranging from 61.94 to 62.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 68.07 to 68.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 72.45 to 72.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @101.14 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for AESC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AESC is down. |
| ChartMill Relative Strength | 14.99 | NEGATIVE | AESC has a low relative strength, it was outperformed by 85.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AESC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AESC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AESC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.72 | NEUTRAL | The RSI value for AESC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests AESC has a negative trend. |
| Stochastics (14,3) | 29.66 | NEUTRAL | The Stochastics value for AESC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for AESC suggests some volalility. |
| Average Directional Index/ADX (14) | 36.15 | POSITIVE | The high ADX value value for AESC suggests a strong trend. |
AES CORP/THE - AES 6 7/8 02/15/24
NYSE:AESC (2/14/2024, 8:25:21 PM)
62.61
+0.66 (+1.07%)
AES CORP/THE - AES 6 7/8 02/15/24 / AESC FAQ
Can you provide the ChartMill technical rating for AES CORP/THE - AES 6 7/8 02/15/24?
ChartMill assigns a technical rating of 0 / 10 to AESC.
What is the current trend direction of AES CORP/THE - AES 6 7/8 02/15/24 (AESC) stock?
The current trend direction for AES CORP/THE - AES 6 7/8 02/15/24 (AESC) is Bearish.
What is the RSI signal for AESC stock?
AES CORP/THE - AES 6 7/8 02/15/24 (AESC) has an RSI value of 35.7226. This indicates that the stock is currently neutral.
What is the MACD signal for AES CORP/THE - AES 6 7/8 02/15/24 (AESC) stock?
The MACD indicator for AES CORP/THE - AES 6 7/8 02/15/24 (AESC) has a value of -0.283386, indicating a bearish trend.
What is the short term momentum for AES CORP/THE - AES 6 7/8 02/15/24 (AESC) stock?
The short term momentum for AES CORP/THE - AES 6 7/8 02/15/24 (AESC) is negative.