RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AEP
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Stronger technical forecast for American Electric Power Company Inc stock price after Thursday trading.
(Updated on Mar 28, 2024)

Buy candidate since Mar 13, 2024 Gain 3.73% PDF

The American Electric Power Company Inc stock price gained 1.53% on the last trading day (Thursday, 28th Mar 2024), rising from $84.80 to $86.10. During the last trading day the stock fluctuated 1.75% from a day low at $84.75 to a day high of $86.24. The price has risen in 6 of the last 10 days and is up by 5.18% over the past 2 weeks. Volume fell on the last day by -74 thousand shares and in total, 3 million shares were bought and sold for approximately $243.90 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the upper part of a wide and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $88.05 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 4.58% during the next 3 months and, with a 90% probability hold a price between $81.67 and $92.09 at the end of this 3-month period.

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AEP Signals & Forecast

The American Electric Power Company Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $83.59 and $82.35. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 5.18%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for American Electric Power Company Inc stock

American Electric Power Company Inc finds support from accumulated volume at $85.19 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.49 between high and low, or 1.75%. For the last week the stock has had daily average volatility of 1.55%.

Our recommended stop-loss: $82.48 (-4.20%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 10 days ago.)

Trading Expectations (AEP) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect American Electric Power Company Inc to open at $85.70, and during the day (based on 14 day Average True Range), to move between $84.64 and $87.56, which gives a possible trading interval of +/-$1.46 (+/-1.69%) up or down from last closing price. If American Electric Power Company Inc takes out the full calculated possible swing range there will be an estimated 3.39% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $85.19, some $0.91 (1.06%) from the current price of $86.10, our system finds the risk reward attractive.

Is American Electric Power Company Inc stock A Buy?

American Electric Power Company Inc holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 5.597 Strong Buy Candidate Upgraded

Predicted Opening Price for American Electric Power Company Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$85.70 ( 0.470%) $86.10

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for AEP

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 87.18 1.25 %
R2 86.61 0.596 %
R1 86.26 0.188 %
Current price: 86.10
Support S1 85.13 -1.13 %
S2 84.78 -1.54 %
S3 84.21 -2.20 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 86.10
Support S1 85.19 -1.06%
S2 84.07 -2.36%
S3 83.32 -3.23%

AEP Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 19, 2024 Feb 08, 2024 Mar 08, 2024 $0.88 1.05%
2 Oct 24, 2023 Nov 09, 2023 Dec 08, 2023 $0.88 1.10%
3 Jul 18, 2023 Aug 09, 2023 Sep 08, 2023 $0.83 1.07%
4 Apr 25, 2023 May 09, 2023 Jun 09, 2023 $0.83 0.99%
5 Jan 24, 2023 Feb 09, 2023 Mar 10, 2023 $0.83 0.95%

FAQ

What is the symbol for American Electric Power Company Inc Stock and on which exchange is it traded?
The symbol for American Electric Power Company Inc is AEP and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell American Electric Power Company Inc Stock?
American Electric Power Company Inc holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

How to buy American Electric Power Company Inc Stock?
American Electric Power Company Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy American Electric Power Company Inc Stock.

What's the current price of American Electric Power Company Inc Stock?
As of the end of day on the 2024-03-28, the price of an American Electric Power Company Inc (AEP) share was $86.10.

What is the 52-week high and low for American Electric Power Company Inc Stock?
The 52-week high for American Electric Power Company Inc Stock is $96.05 and the 52-week low is $69.39.

What is the market capitalization of American Electric Power Company Inc Stock?
As of the 2024-03-28, the market capitalization of American Electric Power Company Inc is 44.62B.

When is the next earnings date for American Electric Power Company Inc?
The upcoming earnings date for American Electric Power Company Inc is May 02, 2024.
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About American Electric Power Company Inc

American Electric Power Company American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, natural gas, nu... AEP Profile

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