The Greedy Trader Weekly Analysis
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Price vs. 50 Day Moving Average:Below
Price vs. 20 Day Moving Average:Above
Number of records: 4
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Moving Average Crossover - stock market timing alerts.
The moving average is one of the oldest analytical tools for stock market alerts. It shows the average value of the stock price over a period of time and is used to emphasize the direction of a trend. While price is below the moving average, it is considered as bearish behaviour in relation to the trend length being viewed. When price falls from the level above the moving average to the level below the moving average, it warns that the price trend being viewed may be weakening, and it presents stock market timing alerts. The moving average is a lagging indicator of the price trend. Moving average and stock price crossover is a stock trading signal. The basic interpretation is to buy when the stock price moves above its moving average and to sell when the price moves below its moving average. The length of the moving average should match the trend time frame. We use 20 day moving average crossover to identify weekly trend and 50 day moving average crossover for monthly trend stock market alerts.
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American Electric Power (AEP)

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Summary:
Weekly :Broken trend resistance linePrice is near the Fibonacci 23.6% retracement level
Daily :A Parabolic SAR indicator is below and near the price20 Day Moving Average has crossed above the 50 Day Moving AverageThe price is close to the moving average in the center of the Bollinger Bands
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It was a first positive week for the American Electric Power (AEP). During the week, the AEP gained 1.36 points, or 1.66%, and closed at 83.38 on Friday, November 19, 2021. Weekly volume was -23% below average.

Long-term trend: [See AEP long-term trend chart]
A long-term downtrend had started on February 4, 2020 at 104.97 and reached 65.14 on March 23, 2020. AEP lost 39.83 points, or 37.94%, in 6 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (82.45) 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 AEP medium-term trend chart]
A medium-term downtrend had started on August 20, 2021 at 91.49 and reached 80.89 on October 1, 2021. AEP lost 10.60 points, or 11.59%, in 6 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

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

The weekly MACD line is below its signal line since September 17, 2021. 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 October 1, 2021 at 80.89 and reached 85.87 on November 3, 2021. AEP gained -4.98 points, or -6.16%, in 33 days. The price is now at the 50.00% retracement level.

Daily Technical Indicators: [See AEP daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since November 8, 2021. The distance between MACD and the signal line is low and getting smaller.

A Parabolic SAR (stop and reversal) indicator (83.73) comes close to the price (83.38). It indicates that the trend is getting weaker. 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.

The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

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) 41.95
Williams' Percentage Range (W%R) 70.20
Lane's Stochastic (%D-Slow) 35.35
Greed/Fear Indicator (GFI) 35.70
Moving Average Converg./Diverg. (MACD) -0.33
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 36.48
Williams' Percentage Range (W%R) 79.90
Lane's Stochastic (%D-Slow) 33.11
Greed/Fear Indicator (GFI) 31.99
Moving Average Converg./Diverg. (MACD) -0.05
Trading Signals
Description Value Chart
Upper Bollinger Band 85.54
20 Day Moving Average 83.89
50 Day Moving Average 83.78
Parabolic System 83.73
Price 83.38
Daily Stochastic Crossing 82.75
Weekly Stochastic Crossing 82.53
Yearly Trendline Support 82.45
Lower Bollinger Band 81.65
Yearly Trendline Resistance 78.42
Sector and Industry
Description Name Rank
Sector Utilities 3
Industry Electric Utilities 22
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 80.89
Low Date 10/01/2021
High 85.87
High Date 11/03/2021
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 91.49
High Date 08/20/2021
Low 80.89
Low Date 10/01/2021
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 74.80
Low Date 02/26/2021
High 91.49
High Date 08/20/2021
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 65.14
Low Date 03/23/2020
High 94.21
High Date 10/26/2020
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 78.42
Support 82.45
High 104.97
High Date 02/04/2020
Low 65.14
Low Date 03/23/2020
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.

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