|
|
Archive
- 5/29/2026 -
Sign In to see current Signals. |
Advance Auto Parts (AAP) Technical Analysis
|
 |
| Summary:
| | | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Advance Auto Parts (AAP). During the week, the AAP gained 2.29 points, or 3.95%, and closed at 60.24 on Friday, May 29, 2026. Weekly volume was 34% above 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 54.37 and resistance is at 62.75. 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 price is now at the 18.16% retracement level.
 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, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 62.19 on May 21, 2026. AAP gained -15.65 points, or -33.63%, in 62 days. The price is now at the 12.46% retracement level.
Daily Technical Indicators: [See AAP daily technical indicators chart]
Daily technical indicators are neutral. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 Lane's Stochastic help.
The daily MACD line is above its signal line since May 21, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
 Candlestick pattern: [See AAP candlestick chart pattern]
On Friday the chart has formed a Bearish Advance Block Candlestick pattern. This pattern occurs in an uptrend; it is not a top reversal pattern, but it might precede a meaningful price decline. The reliability of the Bearish Advance Block pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Advance Block Candlestick pattern during the last week.
| |
|
|