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Automotive Retail Industry Stocks Technical Analysis - AAP

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- 4/17/2025 -
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Advance Auto Parts (AAP) Technical Analysis

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Summary:
Weekly :Oversold sectorBroken trend resistance lineWilliams' Percentage Range is oversold
Daily :Williams' Percentage Range is oversoldTrend resistance at 32.31
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It was the negative week for the Advance Auto Parts (AAP). During the week, the AAP dropped -0.39 points, or -1.21%, and closed at 31.87 on Thursday, April 17, 2025. Weekly volume was -24% below average.

AAP is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold 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 downtrend had started on January 5, 2022 at 244.55 and reached 28.89 on April 9, 2025. AAP lost 215.66 points, or 88.19%, in 170 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (30.18) 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 AAP medium-term trend chart]
A medium-term downtrend had started on January 30, 2025 at 50.59 and reached 28.89 on April 9, 2025. AAP lost 21.70 points, or 42.89%, in 9 weeks. The price is now at the 13.73% retracement level.

Weekly Technical Indicators: [See AAP 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 March 7, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See AAP short-term trend chart]
A short-term downtrend had started on March 27, 2025 at 41.67 and reached 28.89 on April 9, 2025. AAP lost 12.78 points, or 30.67%, in 13 days. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (32.31). 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 short-term trend.

Daily Technical Indicators: [See AAP daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range.

The daily MACD line is below its signal line since April 4, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 30.25
Williams' Percentage Range (W%R) 83.20
Oversold
Lane's Stochastic (%D-Slow) 34.69
Greed/Fear Indicator (GFI) 27.25
Moving Average Converg./Diverg. (MACD) -1.76
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 26.71
Williams' Percentage Range (W%R) 90.10
Strong Oversold
Lane's Stochastic (%D-Slow) 22.62
Greed/Fear Indicator (GFI) 23.91
Moving Average Converg./Diverg. (MACD) -3.12
Trading Signals
Description Value Chart
Upper Bollinger Band 41.21
50 Day Moving Average 38.52
20 Day Moving Average 35.43
Weekly Stochastic Crossing 32.65
Parabolic System 32.39
Weekly Trendline Resistance 32.31
Price 31.87
Daily Stochastic Crossing 30.82
Yearly Trendline Support 30.18
Yearly Trendline Resistance 29.32
Lower Bollinger Band 28.13
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 2
Industry Automotive Retail 18
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 33.56
High Date 04/15/2025
Low 30.48
Low Date 04/17/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 32.31
Support 20.87
High 41.67
High Date 03/27/2025
Low 28.89
Low Date 04/09/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 50.59
High Date 01/30/2025
Low 28.89
Low Date 04/09/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 88.56
High Date 03/21/2024
Low 28.89
Low Date 04/09/2025
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 29.32
Support 30.18
High 244.55
High Date 01/05/2022
Low 28.89
Low Date 04/09/2025
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.