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Advanced TA SearchArchive - 8/7/2026 - Sign In to see current Signals. |
Advance Auto Parts (AAP) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was a first positive week for the Advance Auto Parts (AAP). During the week, the AAP gained 2.26 points, or 4.07%, and closed at 57.80 on Friday, August 7, 2026. Weekly volume was -46% below average. AAP is a member of Consumer Discretionary Sector. Consumer Discretionary is the most overbought 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 uptrend had started on January 2, 2026 at 37.89 and reached 65.20 on February 13, 2026. AAP gained -27.31 points, or -72.08%, in 6 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (62.21) 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 AAP medium-term trend chart] A medium-term downtrend had started on July 1, 2026 at 63.20 and reached 50.94 on July 20, 2026. AAP lost 12.26 points, or 19.40%, in 2 weeks. The price is now at the 55.95% retracement level.
Weekly Technical Indicators: [See AAP weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since July 10, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 July 20, 2026 at 50.94 and reached 60.28 on August 5, 2026. AAP gained -9.34 points, or -18.34%, in 16 days. The chart has formed a Rising Wedge chart pattern.
Daily Technical Indicators: [See AAP daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since July 24, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger. During the last week, the price has moved above 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 price 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.
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