AES CORP/THE - AES 6 7/8 02/15/24 (AESC) Stock Technical Analysis
USA - NYSE:AESC - US00130H2040
62.61 USD
+0.66 (+1.07%)
We assign a technical rating of 0 out of 10 to AESC. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
86% of all other stocks performed better in the past year than AESC.
AESC is part of the Independent Power and Renewable Electricity Producers industry. There are 20 other stocks in this industry, of which 78% are performing better than AESC.
In the last month AESC has a been trading in the 61.35 - 68.87 range, which is quite wide. It is currently trading near the lows of this range.
AESC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AESC is lagging the market.
Volume is considerably higher in the last couple of days.
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
102.15
We found 1 important support 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.
We can see 3 important resistance 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. |
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)
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%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg1.07%
1 Week-4.06%
2 Weeks-6.02%
1 Month-8.29%
3 Month-6.08%
6 Month-12.6%
12 Month-34.36%
2 Year-27.34%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.95
ATR(20)%3.12%
ATR Inc101.85%
Range Today1.22
ADR(20)1.72
ADR(20)%2.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.99
Mansfield-2.77
10 Day High68.87
10 Day Low61.35
20 Day High68.87
20 Day Low61.35
52 Week High95.35
52 Week Low47.69
CS1 End62.6
CR1 Start68.07
Volume & EV
DER(3)0.07%
DER(5)-0.19%
Volume1.18M
Volume Incr264.5%
Vol(5)350.30K
Vol(50)132.31K