|
|
Archive - 10/23/2026 - Sign In to see current Signals. |
Advance Auto Parts (AAP) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was a third positive week after 3 consecutive negative weeks for the Advance Auto Parts (AAP). During the week, the AAP gained 2.47 points, or 5.56%, and closed at 46.92 on Friday, October 23, 2026. Weekly volume was -23% below average.
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 Channel chart pattern. The trend support level is at 17.51 and resistance is at 57.04. 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 long-term trend.
Medium-term trend: [See AAP medium-term trend chart] A medium-term uptrend had started on April 9, 2025 at 28.89 and reached 70.00 on July 24, 2025. AAP gained -41.11 points, or -142.30%, in 15 weeks. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend support (47.82) line. The support is usually stronger when technical indicators are oversold. 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 support line in a medium-term trend.
Weekly Technical Indicators: [See AAP weekly technical indicators chart] Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 link to access Lane's Stochastic help. The weekly MACD line is below its signal line since July 10, 2026. Use the following link to access a MACD help.
Short-term trend: [See AAP short-term trend chart] A short-term downtrend had started on July 1, 2026 at 63.20 and reached 38.05 on October 1, 2026. AAP lost 25.15 points, or 39.79%, in 92 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 34.08 and resistance is at 53.45. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See AAP daily technical indicators chart] Daily Relative Strength Index and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index and Lane's Stochastic. Use the following link to access Relative Strength Index help. The daily MACD line is above its signal line since October 2, 2026. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|