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Automotive Retail Industry Stocks Technical Analysis - AAPArchive
- 5/8/2026 -
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Advance Auto Parts (AAP) Technical Analysis
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| Summary:
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| | It was the negative week for the Advance Auto Parts (AAP). During the week, the AAP dropped -2.78 points, or -4.72%, and closed at 56.15 on Friday, May 8, 2026. It was the worst weekly loss since March 20, 2026. Weekly volume was -34% below average.
 Long-term trend: [See AAP long-term trend chart]
A long-term downtrend had started on July 24, 2025 at 70.00 and reached 37.89 on January 2, 2026. AAP lost 32.11 points, or 45.87%, in 23 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 52.09 and resistance is at 63.23. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a long-term trend.
Medium-term trend: [See AAP medium-term trend chart]
A medium-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 trend support level is at 52.09 and resistance is at 59.83. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a medium-term trend.
 Weekly Technical Indicators: [See AAP weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since February 6, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend 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 March 20, 2026 at 46.54 and reached 60.94 on April 22, 2026. AAP gained -14.40 points, or -30.94%, in 33 days. The chart has formed a Rising Channel chart pattern.
Daily Technical Indicators: [See AAP daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since April 27, 2026. The distance between MACD and the signal line is low, but getting bigger.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands (7.84%) is close to one year low (9.13%). It is 68.26% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. 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.
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