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Electric Utilities Industry Stocks Technical Analysis - AESArchive - 11/22/2024 - Sign In to see current Signals. |
AES Corp. (AES) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the AES Corp. (AES). During the week, the AES dropped -0.51 points, or -3.67%, and closed at 13.39 on Friday, November 22, 2024. Weekly volume was 49% above average. 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 December 13, 2022 at 29.89 and reached 11.43 on October 6, 2023. AES lost 18.46 points, or 61.76%, in 42 weeks. The price is now at the 10.62% retracement level. Medium-term trend: [See AES medium-term trend chart] A medium-term downtrend had started on October 1, 2024 at 20.30 and reached 13.04 on November 21, 2024. AES lost 7.26 points, or 35.76%, in 7 weeks. Price is near the trend low. Weekly Technical Indicators: [See AES weekly technical indicators chart] Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold 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 links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since October 18, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help. Short-term trend: [See AES short-term trend chart] A short-term downtrend had started on November 14, 2024 at 14.36 and reached 13.04 on November 21, 2024. AES lost 1.32 points, or 9.19%, in 7 days. The price is now at the 26.52% retracement level. Daily Technical Indicators: [See AES daily technical indicators chart] Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Daily Lane's Stochastic and MACD have bullish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. The distance between the Bollinger Bands is 105.84% higher then one year average. It indicates the period of high volatility of the stock price. 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.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Utilities |
10 |
Industry |
Electric Utilities |
74 |
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Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
High |
14.36 |
High Date |
11/14/2024 |
Low |
13.04 |
Low Date |
11/21/2024 |
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Weekly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
14.36 |
High Date |
11/14/2024 |
Low |
13.04 |
Low Date |
11/21/2024 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
20.30 |
High Date |
10/01/2024 |
Low |
13.04 |
Low Date |
11/21/2024 |
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Quarterly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
22.21 |
High Date |
05/31/2024 |
Low |
13.04 |
Low Date |
11/21/2024 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
29.89 |
High Date |
12/13/2022 |
Low |
11.43 |
Low Date |
10/06/2023 |
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