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Automotive Retail Industry Stocks Technical Analysis - AAPArchive - 5/2/2025 - 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 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.
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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 |
3 |
Industry |
Automotive Retail |
8 |
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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 |
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Weekly Trend |
|
Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
28.89 |
Low Date |
04/09/2025 |
High |
34.60 |
High Date |
04/23/2025 |
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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 |
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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 |
28.89 |
Low Date |
04/09/2025 |
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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 |
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