Move cursor over the icon to see details.
|It was a first positive week for the AES Corp. (AES). During the week, the AES gained 0.18 points, or 1.38%, and closed at 13.18 on Friday, July 13, 2018. AES was trading at average weekly trading volume. |
AES is a member of Utilities Sector. Utilities is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See AES long-term trend chart]
A long-term downtrend had started on June 30, 2014 at 15.65 and reached 8.22 on January 20, 2016. AES lost 7.43 points, or 47.48%, in 81 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (10.19) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See AES medium-term trend chart]
A medium-term uptrend had started on February 9, 2018 at 9.86 and reached 13.56 on June 28, 2018. AES gained -3.70 points, or -37.53%, in 19 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 12.92 and resistance is at 14.03. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
Weekly Technical Indicators: [See AES 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. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. 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 links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is above its signal line since February 23, 2018. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See AES short-term trend chart]
A short-term uptrend had started on July 10, 2018 at 12.55 and reached 13.19 on July 13, 2018. AES gained -0.64 points, or -5.10%, in 3 days. Price is near the trend high.
Daily Technical Indicators: [See AES daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since July 2, 2018. The distance between MACD and the signal line is low and getting smaller.
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.