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Archive - 4/17/2025 - Sign In to see current Signals. |
American Electric Power (AEP) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | It was a second consecutive positive week for the American Electric Power (AEP). During the week, the AEP gained 3.11 points, or 2.97%, and closed at 107.71 on Thursday, April 17, 2025. It was the best weekly gain since February 21, 2025. AEP was trading at average weekly trading volume. AEP is a member of Utilities Sector. Utilities is the most overbought 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 AEP long-term trend chart] A long-term downtrend had started on February 4, 2020 at 104.97 and reached 69.39 on October 6, 2023. AEP lost 35.58 points, or 33.90%, in 191 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend resistance line (107.12). 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 long-term trend.
Medium-term trend: [See AEP medium-term trend chart] A medium-term uptrend had started on October 6, 2023 at 69.39 and reached 110.50 on April 3, 2025. AEP gained -41.11 points, or -59.24%, in 77 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 94.37 and resistance is at 119.82. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See AEP weekly technical indicators chart] Weekly Relative Strength Index and Williams' Percentage Range are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index and 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 Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since February 7, 2025. 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 AEP short-term trend chart] A short-term uptrend had started on April 9, 2025 at 98.40 and reached 109.03 on April 17, 2025. AEP gained -10.63 points, or -10.80%, in 8 days. The price is now at the 12.42% retracement level.
Daily Technical Indicators: [See AEP daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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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