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Automotive Retail Industry Stocks Technical Analysis - AAPArchive - 3/21/2025 - Sign In to see current Signals. |
Advance Auto Parts (AAP) Technical Analysis
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| Summary:
| | Weekly :   | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Advance Auto Parts (AAP). During the week, the AAP gave back -0.13 points, or -0.35%, and closed at 37.46 on Friday, March 21, 2025. Weekly volume was -18% below average. AAP is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold 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 AAP long-term trend chart] A long-term downtrend had started on January 5, 2022 at 244.55 and reached 33.08 on March 7, 2025. AAP lost 211.47 points, or 86.47%, in 165 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (31.08) 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 33.08 on March 7, 2025. AAP lost 17.51 points, or 34.61%, in 5 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (36.19) 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 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, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. 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 March 7, 2025 at 33.08 and reached 38.72 on March 14, 2025. AAP gained -5.64 points, or -17.05%, in 7 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance 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 March 12, 2025. This is an indication that the short-term trend is up.
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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 |
Consumer Discretionary |
2 |
Industry |
Automotive Retail |
32 |
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Daily Trend |
Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Low |
36.31 |
Low Date |
03/20/2025 |
High |
37.98 |
High Date |
03/21/2025 |
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Weekly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
33.08 |
Low Date |
03/07/2025 |
High |
38.72 |
High Date |
03/14/2025 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Falling Wedge |
Status |
Broken Resistance |
Resistance |
36.73 |
Support |
36.19 |
High |
50.59 |
High Date |
01/30/2025 |
Low |
33.08 |
Low Date |
03/07/2025 |
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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 |
88.56 |
High Date |
03/21/2024 |
Low |
33.08 |
Low Date |
03/07/2025 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Falling Wedge |
Status |
Broken Resistance |
Resistance |
34.22 |
Support |
31.08 |
High |
244.55 |
High Date |
01/05/2022 |
Low |
33.08 |
Low Date |
03/07/2025 |
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