AEP Industries Technical Analysis (NASDAQ:AEPI)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. Just by looking at the AEP Industries 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 AEPI 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 AEP Industries. Technical analysis uses an approach for AEP Industries stock analysis that does not care for the fair value of a company but uses price and volume data only.
AEP Industries Moving Average
Moving averages help predict the price direction of AEPI stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $117.26 is above the price of $109.95.
AEP Industries Bollinger Bands
Bollinger bands comprise of a center line usually AEPI SMA, and two AEPI 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. The stock price is trading between the average and the lower band in the context of AEP Industries bollinger bands.
AEP Industries 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 AEP Industries MACD line is below the signal line.
AEP Industries Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 29.83 is the RSI value of AEPI stock.