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Uptrend ExhaustionArchive - 7/18/2025 - 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 -1.43 points, or -2.29%, and closed at 61.13 on Friday, July 18, 2025. Weekly volume was -14% below average.
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 (25.92) 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 long-term trend.
Medium-term trend: [See AAP medium-term trend chart] A medium-term downtrend had started on March 21, 2024 at 88.56 and reached 28.89 on April 9, 2025. AAP lost 59.67 points, or 67.38%, in 54 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (24.67) 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 Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly 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 links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since May 16, 2025. The distance between MACD and the signal line is near its high and getting bigger. 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 June 30, 2025 at 44.81 and reached 63.46 on July 17, 2025. AAP gained -18.65 points, or -41.62%, in 17 days. The price is now at the 12.49% retracement level.
Daily Technical Indicators: [See AAP daily technical indicators chart] Daily Relative Strength Index and Lane's Stochastic are overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index and Lane's Stochastic or strongly overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following link to access Relative Strength Index help. The daily MACD line is above its signal line since July 7, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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