Logo image of AAP

ADVANCE AUTO PARTS INC (AAP) Stock Technical Analysis

NYSE:AAP - New York Stock Exchange, Inc. - US00751Y1064 - Common Stock

46.18  +0.27 (+0.59%)

After market: 45.39 -0.79 (-1.71%)

Technical Rating and Analysis

4

Overall AAP gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. AAP was also a bad performer in the overall market in the last year.

69% of all other stocks performed better in the past year than AAP.
AAP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month AAP has a been trading in the 41.17 - 49.52 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
AAP has an average volume of 2315980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
AAP is part of the Specialty Retail industry. There are 119 other stocks in this industry, AAP did better than 41% of them.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
AAP Weekly chart
AAP Daily chart
Setup Rating and Analysis

8

Although the technical rating is only medium, AAP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 45.90, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

41.53

48.63

We found 2 important support areas.

  • A support zone ranging from 45.32 to 45.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @41.95 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 46.24 to 48.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.35
Mansfield-2.74
10 Day High49.52
10 Day Low43.71
20 Day High49.52
20 Day Low41.17
52 Week High88.56
52 Week Low35.59
Performance
1 Week2.97%
2 Weeks-0.35%
1 Month7.47%
3 Month25.69%
6 Month-24%
12 Month-30.29%
2 Year-69.67%
3 Year-80.05%
5 Year-64.95%
10 Year-70.96%
15 Year17.06%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.15
RSI(14)55.6
LBB43.97
UBB48.18
AAP Daily chart

ADVANCE AUTO PARTS INC

NYSE:AAP (1/21/2025, 8:04:00 PM)

After market: 45.39 -0.79 (-1.71%)

46.18

+0.27 (+0.59%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.59%
1 Week2.97%
2 Weeks-0.35%
1 Month7.47%
3 Month25.69%
6 Month-24%
12 Month-30.29%
2 Year-69.67%
3 Year-80.05%
5 Year-64.95%
10 Year-70.96%
15 Year17.06%
Volatility
ATR(14)2.14
ATR(20)%4.42%
ATR Inc-35.64%
Range Today1.33
ADR(20)2.02
ADR(20)%4.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.35
Mansfield-2.74
10 Day High49.52
10 Day Low43.71
20 Day High49.52
20 Day Low41.17
52 Week High88.56
52 Week Low35.59
CS1 End45.9
CR1 Start46.24
Volume & EV
DER(3)0.08%
DER(5)0.22%
Volume1.68M
Volume Incr-27.73%
Vol(5)1.35M
Vol(50)2.32M