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Electric Utilities Industry Stocks Technical Analysis - AEPArchive
- 3/21/2025 -
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American Electric Power (AEP) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the American Electric Power (AEP). During the week, the AEP gave back -0.50 points, or -0.47%, and closed at 105.10 on Friday, March 21, 2025. Weekly volume was 39% above average.
AEP 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 AEP long-term trend chart]
A long-term downtrend had started on February 4, 2020 at 104.97 and reached 69.39 on October 6, 2023. AEP lost 35.58 points, or 33.90%, in 191 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend resistance line (107.07). 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 long-term trend.
 Medium-term trend: [See AEP medium-term trend chart]
A medium-term uptrend had started on October 6, 2023 at 69.39 and reached 109.50 on March 4, 2025. AEP gained -40.11 points, or -57.80%, in 73 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 93.14 and resistance is at 117.78. 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 medium-term trend.
 Weekly Technical Indicators: [See AEP weekly technical indicators chart]
Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. 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, Relative Strength Index and Williams' Percentage Range help.
The weekly MACD line is above its signal line since February 7, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
 Short-term trend: [See AEP short-term trend chart]
A short-term downtrend had started on March 4, 2025 at 109.50 and reached 101.40 on March 6, 2025. AEP lost 8.10 points, or 7.40%, in 2 days. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 104.15 and resistance is at 105.70. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a short-term trend.
 Daily Technical Indicators: [See AEP daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since March 4, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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.
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