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Automotive Retail Industry Stocks Technical Analysis - AAP

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- 5/2/2025 -
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Advance Auto Parts (AAP) Technical Analysis

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Summary:
Weekly :Oversold industryBroken trend resistance line
Daily :The period of low volatility of the stock price
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It was a second positive week after 3 consecutive negative weeks for the Advance Auto Parts (AAP). During the week, the AAP gained 0.53 points, or 1.61%, and closed at 33.41 on Friday, May 2, 2025. Weekly volume was -31% below average.

AAP is a member of Automotive Retail Industry. Automotive Retail is the eighth most oversold industry. 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 AAP long-term trend chart]
A long-term downtrend had started on January 5, 2022 at 244.55 and reached 28.89 on April 9, 2025. AAP lost 215.66 points, or 88.19%, in 170 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (29.71) 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 AAP medium-term trend chart]
A medium-term downtrend had started on January 30, 2025 at 50.59 and reached 28.89 on April 9, 2025. AAP lost 21.70 points, or 42.89%, in 9 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 25.23 and resistance is at 36.88. A Falling 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 Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See AAP weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since March 7, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See AAP short-term trend chart]
A short-term uptrend had started on April 9, 2025 at 28.89 and reached 34.60 on April 23, 2025. AAP gained -5.71 points, or -19.76%, in 14 days. The price is now at the 20.84% retracement level.

Daily Technical Indicators: [See AAP daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since April 22, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.

The distance between the Bollinger Bands is falling, and it was 11.13% on Friday. It is 50.07% lower than one year average. It indicates the period of low 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 57.82
Williams' Percentage Range (W%R) 41.50
Lane's Stochastic (%D-Slow) 58.39
Greed/Fear Indicator (GFI) 58.25
Moving Average Converg./Diverg. (MACD) -1.33
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 24.52
Williams' Percentage Range (W%R) 78.30
Lane's Stochastic (%D-Slow) 21.48
Greed/Fear Indicator (GFI) 26.96
Moving Average Converg./Diverg. (MACD) -3.43
Trading Signals
Description Value Chart
Monthly Trendline Resistance 36.88
50 Day Moving Average 35.82
Upper Bollinger Band 35.48
Price 33.41
Daily Stochastic Crossing 33.36
20 Day Moving Average 32.64
Lower Bollinger Band 31.76
Parabolic System 31.56
Weekly Stochastic Crossing 31.31
Yearly Trendline Support 29.71
Yearly Trendline Resistance 26.74
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 3
Industry Automotive Retail 8
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 32.61
Low Date 05/01/2025
High 34.28
High Date 05/02/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 28.89
Low Date 04/09/2025
High 34.60
High Date 04/23/2025
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 36.88
Support 25.23
High 50.59
High Date 01/30/2025
Low 28.89
Low Date 04/09/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 88.56
High Date 03/21/2024
Low 28.89
Low Date 04/09/2025
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 26.74
Support 29.71
High 244.55
High Date 01/05/2022
Low 28.89
Low Date 04/09/2025
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.