|
|
|
|
S&P 500 Oversold StocksArchive
- 12/13/2024 -
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 the negative week for the American Electric Power (AEP). During the week, the AEP dropped -3.14 points, or -3.28%, and closed at 92.71 on Friday, December 13, 2024. Weekly volume was -46% below average.
 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 (97.59) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. AEP may retest the broken support line. It is considered to be a resistance line now. 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 92.17 on December 13, 2024. AEP lost 13.01 points, or 12.37%, in 12 weeks. Price is near the trend low.
 Weekly Technical Indicators: [See AEP weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. 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 Williams' Percentage Range help.
The weekly MACD line is below its signal line since October 11, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See AEP short-term trend chart]
A short-term downtrend had started on November 27, 2024 at 100.72 and reached 92.17 on December 13, 2024. AEP lost 8.55 points, or 8.49%, in 16 days. The price is now at the 6.32% retracement level.
 Daily Technical Indicators: [See AEP daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range and Lane's Stochastic. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Lane's Stochastic help.
The daily MACD line is below its signal line since December 5, 2024. This is an indication that the short-term trend is down.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Utilities |
5 |
| Industry |
Electric Utilities |
42 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
100.72 |
| High Date |
11/27/2024 |
| Low |
92.17 |
| Low Date |
12/13/2024 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
100.72 |
| High Date |
11/27/2024 |
| Low |
92.17 |
| Low Date |
12/13/2024 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
105.18 |
| High Date |
09/16/2024 |
| Low |
92.17 |
| Low Date |
12/13/2024 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Broken Support |
| Resistance |
109.48 |
| Support |
97.59 |
| Low |
69.39 |
| Low Date |
10/06/2023 |
| High |
105.18 |
| High Date |
09/16/2024 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
104.97 |
| High Date |
02/04/2020 |
| Low |
69.39 |
| Low Date |
10/06/2023 |
|
|