The Greedy Trader Weekly Analysis
Sign In Oct 12, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 10
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Ameren Corporation
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is overboughtTrend resistance at 64.70
Daily :Stochastic signal line moved above oversold areaDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARPrice has crossed above the 50 Day Moving AverageThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a first positive week for the Ameren Corporation (AEE). During the week, the AEE gained 1.88 points, or 2.97%, and closed at 65.10 on Friday, October 05, 2018. Weekly volume was -7% below average.

Long-term trend: [See AEE long-term trend chart]
A long-term uptrend had started on March 12, 2009 at 19.51 and reached 66.11 on September 10, 2018. AEE gained -46.60 points, or -238.85%, in 495 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 45.59 and resistance is at 69.16. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See AEE medium-term trend chart]
A medium-term uptrend had started on February 6, 2018 at 51.89 and reached 66.11 on September 10, 2018. AEE gained -14.22 points, or -27.40%, in 30 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend resistance line (64.70). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See AEE weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since April 13, 2018. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See AEE short-term trend chart]
A short-term uptrend had started on September 26, 2018 at 62.06 and reached 65.29 on October 5, 2018. AEE gained -3.23 points, or -5.20%, in 9 days. The price is now at the 5.88% retracement level.

Daily Technical Indicators: [See AEE daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Use the following link to access Lane's Stochastic help.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 49.17
Williams' Percentage Range (W%R) 53.60
Lane's Stochastic (%D-Slow) 71.93
Greed/Fear Indicator (GFI) 55.84
Moving Average Converg./Diverg. (MACD) 0.01
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 66.26
Williams' Percentage Range (W%R) 19.90
Overbought
Lane's Stochastic (%D-Slow) 71.45
Greed/Fear Indicator (GFI) 69.71
Moving Average Converg./Diverg. (MACD) 1.57
Trading Signals
Description Value Chart
Yearly Trendline Resistance 69.16
Upper Bollinger Band 66.10
Price 65.10
Weekly Stochastic Crossing 64.80
Quarterly Trendline Resistance 64.70
Daily Stochastic Crossing 64.63
20 Day Moving Average 64.28
Monthly Trendline Resistance 63.94
50 Day Moving Average 63.71
Parabolic System 62.39
Lower Bollinger Band 61.85
Quarterly Trendline Support 60.09
Monthly Trendline Support 59.85
Sector and Industry
Description Name Rank
Sector Utilities 6
Industry Diversified Utilities 95
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 62.06
Low Date 09/26/2018
High 65.29
High Date 10/05/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 62.06
Low Date 09/26/2018
High 65.29
High Date 10/05/2018
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 63.94
Support 59.85
High 66.11
High Date 09/10/2018
Low 62.06
Low Date 09/26/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Resistance
Resistance 64.70
Support 60.09
Low 51.89
Low Date 02/06/2018
High 66.11
High Date 09/10/2018
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 69.16
Support 45.59
Low 19.51
Low Date 03/12/2009
High 66.11
High Date 09/10/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2016 All rights reserved.