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Archive - 6/5/2026 - 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 dropped -3.43 points, or -5.69%, and closed at 56.81 on Friday, June 5, 2026. AAP was trading at average weekly trading volume.
Long-term trend: [See AAP long-term trend chart] A long-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 price is now at the 32.08% retracement level.
Medium-term trend: [See AAP medium-term trend chart] A medium-term uptrend had started on January 2, 2026 at 37.89 and reached 65.20 on February 13, 2026. AAP gained -27.31 points, or -72.08%, in 6 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 55.19 and resistance is at 62.16. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle 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 above its signal line since February 6, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 June 1, 2026 at 62.32 and reached 54.54 on June 4, 2026. AAP lost 7.78 points, or 12.48%, in 3 days. The price is now at the 29.18% 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 May 21, 2026. The distance between MACD and the signal line is low and getting smaller. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish 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.
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