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Automotive Retail Industry Stocks Technical Analysis - AAPArchive - 4/17/2025 - 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 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.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Consumer Discretionary |
2 |
Industry |
Automotive Retail |
18 |
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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 |
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Weekly Trend |
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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 |
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Resistance |
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Support |
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High |
50.59 |
High Date |
01/30/2025 |
Low |
28.89 |
Low Date |
04/09/2025 |
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Quarterly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
88.56 |
High Date |
03/21/2024 |
Low |
28.89 |
Low Date |
04/09/2025 |
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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 |
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