|
|
Downtrend Broken Resist.Archive
- 3/21/2025 -
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 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.
| |
|
|