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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American Electric Power Company Inc stock price ended at $84.80 on Wednesday, after gaining 2.81%.
(Updated on Mar 27, 2024)

Buy candidate since Mar 13, 2024 Gain 2.17% PDF

The American Electric Power Company Inc stock price gained 2.81% on the last trading day (Wednesday, 27th Mar 2024), rising from $82.48 to $84.80. During the last trading day the stock fluctuated 2.46% from a day low at $82.79 to a day high of $84.83. The price has been going up and down for this period, and there has been a 2.17% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 682 thousand more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately $246.50 million.

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 $86.25 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 4.09% during the next 3 months and, with a 90% probability hold a price between $80.96 and $89.77 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 $83.20 and $82.10. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, February 29, 2024, and so far it has fallen -0.458%. Further fall is indicated until a new bottom pivot has been found. 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 $84.07 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 $2.04 between high and low, or 2.46%. For the last week the stock has had daily average volatility of 1.40%.

Our recommended stop-loss: $81.49 (-3.91%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 19 days ago.)

Trading Expectations (AEP) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect American Electric Power Company Inc to open at $84.14, and during the day (based on 14 day Average True Range), to move between $83.34 and $86.26, which gives a possible trading interval of +/-$1.46 (+/-1.72%) 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 3.43% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $84.95 (0.18%) than the support at $84.07 (0.86%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is American Electric Power Company Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for American Electric Power Company Inc stock to perform well in the short-term.

Current score: 1.900 Buy Candidate Unchanged

Predicted Opening Price for American Electric Power Company Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$84.14 ( 0.778%) $84.80

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 86.18 1.63 %
R2 85.40 0.708 %
R1 84.92 0.141 %
Current price: 84.80
Support S1 83.36 -1.70 %
S2 82.88 -2.26 %
S3 82.10 -3.18 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 85.19 0.460 %
R2 84.99 0.224 %
R1 84.95 0.177 %
Current price 84.80
Support S1 84.07 -0.86%
S2 83.32 -1.75%
S3 78.78 -7.10%

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?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for American Electric Power Company Inc stock to perform well in the short-term.

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 2024-03-27, the price of an American Electric Power Company Inc (AEP) share was $84.80.

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 2024-03-27, 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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