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Ameren Corporation |
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| Summary:
| | Weekly :    | | Daily :  Move cursor over the icon to see details.
| | It was a first positive week for the Ameren Corporation (AEE). During the week, the AEE gained 1.13 points, or 4.16%, and closed at 28.27 on Friday, August 27, 2010. Weekly volume was 57% above average. AEE is a member of Utilities Sector. Utilities is the most overbought sector. AEE is a member of Diversified Utilities Industry. Diversified Utilities is the ninth most overbought industry. 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 AEE long-term trend chart] A long-term uptrend had started on March 12, 2009 at 19.51 and reached 28.67 on December 28, 2009. AEE gained -9.16 points, or -46.95%, in 41 weeks. Price is near the trend high.
Medium-term trend: [See AEE medium-term trend chart] A medium-term uptrend had started on May 6, 2010 at 23.09 and reached 28.52 on August 17, 2010. AEE gained -5.43 points, or -23.52%, in 14 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (28.16). 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 AEE weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. 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 weekly MACD line is above its signal line since July 23, 2010. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See AEE short-term trend chart] A short-term downtrend had started on August 17, 2010 at 28.52 and reached 26.62 on August 20, 2010. AEE lost 1.90 points, or 6.66%, in 3 days. The price is now at the 86.84% retracement level.
Daily Technical Indicators: [See AEE daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.
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