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Downtrend Broken Resist.Archive
- 2/6/2026 -
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Advance Auto Parts (AAP) Technical Analysis
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| Summary:
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| | It was a third consecutive positive week for the Advance Auto Parts (AAP). During the week, the AAP gained 7.29 points, or 15.18%, and closed at 55.30 on Friday, February 6, 2026. AAP was trading at average weekly trading volume.
 Long-term trend: [See AAP long-term trend chart]
A long-term uptrend had started on April 9, 2025 at 28.89 and reached 70.00 on July 24, 2025. AAP gained -41.11 points, or -142.30%, in 15 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Medium-term trend: [See AAP medium-term trend chart]
A medium-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 Falling Channel chart pattern. The downtrend resistance line (33.89) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. AAP may retest the broken resistance line. It is considered to be a support line now. 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 medium-term trend.
 Weekly Technical Indicators: [See AAP weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since October 3, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend 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 January 2, 2026 at 37.89 and reached 55.44 on February 6, 2026. AAP gained -17.55 points, or -46.32%, in 35 days. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (51.43) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 short-term trend.
 Daily Technical Indicators: [See AAP daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. 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 January 5, 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.
During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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