The Greedy Trader Weekly Analysis
Sign In Oct 30, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 10/23/2026 -
Sign In to see current Signals.

American Electric Power (AEP) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance line
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtLane's Stochastic bearish divergence20 Day Moving Average has crossed above the 50 Day Moving Average
Move cursor over the icon to see details.

It was a fourth positive week after 3 consecutive negative weeks for the American Electric Power (AEP). During the week, the AEP gained 2.55 points, or 2.01%, and closed at 129.69 on Friday, October 23, 2026. Weekly volume was -27% below average.

Long-term trend: [See AEP long-term trend chart]
A long-term uptrend had started on March 31, 2009 at 24.00 and reached 140.58 on July 7, 2026. AEP gained -116.58 points, or -485.75%, in 901 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend resistance line (82.49) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 AEP medium-term trend chart]
A medium-term uptrend had started on October 6, 2023 at 69.39 and reached 140.58 on July 7, 2026. AEP gained -71.19 points, or -102.59%, in 143 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 123.17 and resistance is at 142.47. A Rising 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 Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See AEP weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since May 8, 2026. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.

Short-term trend: [See AEP short-term trend chart]
A short-term uptrend had started on September 25, 2026 at 116.71 and reached 131.04 on October 22, 2026. AEP gained -14.33 points, or -12.28%, in 27 days. The price is now at the 9.42% retracement level.

Daily Technical Indicators: [See AEP daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is above its signal line since September 30, 2026. This is an indication that the short-term trend is up.

During the last week, the 20 Day Moving Average 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 74.44
Williams' Percentage Range (W%R) 4.10
Strong Overbought
Lane's Stochastic (%D-Slow) 80.66
Overbought Bearish
Greed/Fear Indicator (GFI) 83.66
Overbought
Moving Average Converg./Diverg. (MACD) 0.99
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.86
Williams' Percentage Range (W%R) 42.30
Lane's Stochastic (%D-Slow) 44.55
Greed/Fear Indicator (GFI) 51.28
Moving Average Converg./Diverg. (MACD) -0.68
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 142.47
Upper Bollinger Band 132.12
Daily Stochastic Crossing 130.20
Price 129.69
Parabolic System 127.54
Weekly Stochastic Crossing 124.52
20 Day Moving Average 123.56
Quarterly Trendline Support 123.17
50 Day Moving Average 123.01
Lower Bollinger Band 117.54
Monthly Trendline Resistance 115.66
Monthly Trendline Support 113.33
Yearly Trendline Resistance 106.59
Sector and Industry
Description Name Rank
Sector Utilities 7
Industry Electric Utilities 58
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 124.33
Low Date 10/19/2026
High 131.04
High Date 10/22/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 116.71
Low Date 09/25/2026
High 131.04
High Date 10/22/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 115.66
Support 113.33
High 140.58
High Date 07/07/2026
Low 116.71
Low Date 09/25/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 142.47
Support 123.17
Low 69.39
Low Date 10/06/2023
High 140.58
High Date 07/07/2026
Description Value
Direction Up
Chart Pattern Ascending Triangle
Status Broken Resistance
Resistance 106.59
Support 82.49
Low 24.00
Low Date 03/31/2009
High 140.58
High Date 07/07/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.