American Electric Power Technical Analysis (NYSE:AEP)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. Just by looking at the American Electric Power stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the AEP stock chart which creates a trading signal.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for American Electric Power. Technical analysis uses an approach for American Electric Power stock analysis that does not care for the fair value of a company but uses price and volume data only.
American Electric Power Moving Average
Moving averages show the AEP stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $70.34 is below the price of $72.5.
American Electric Power Bollinger Bands
Bollinger bands comprise of a center line usually AEP SMA, and two AEP stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $72.5 is in the upper range of American Electric Power bollinger bands.
American Electric Power Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The American Electric Power MACD line is below the signal line.
American Electric Power Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 49.4 is the RSI value of AEP stock.