|
|
Downtrend ResistanceArchive
- 1/24/2025 -
Sign In to see current Signals. |
American Electric Power (AEP) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a third consecutive positive week for the American Electric Power (AEP). During the week, the AEP climbed 0.76 points, or 0.78%, and closed at 98.18 on Friday, January 24, 2025. AEP was trading at average weekly trading volume.
 Long-term trend: [See AEP long-term trend chart]
A long-term uptrend had started on October 6, 2023 at 69.39 and reached 105.18 on September 16, 2024. AEP gained -35.79 points, or -51.58%, in 49 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (100.14) is broken. A broken support is considered to be a long-term bearish 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 support in a long-term trend.
 Medium-term trend: [See AEP medium-term trend chart]
A medium-term downtrend had started on September 16, 2024 at 105.18 and reached 89.91 on January 8, 2025. AEP lost 15.27 points, or 14.52%, in 16 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend resistance line (98.52). The resistance is usually stronger when technical indicators are overbought. 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 resistance line 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 October 11, 2024. This is an indication that the medium-term trend is down. 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 January 8, 2025 at 89.91 and reached 99.50 on January 23, 2025. AEP gained -9.59 points, or -10.67%, in 15 days. The price is now at the 13.76% retracement level.
 Daily Technical Indicators: [See AEP daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish 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 link to access Lane's Stochastic help.
The daily MACD line is above its signal line since January 7, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current short-term uptrend is still strong, and momentum is beginning to wane.
| |
|
|