ADVANCE AUTO PARTS INC (AAP) Stock Technical Analysis
NYSE:AAP - New York Stock Exchange, Inc. - US00751Y1064 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to AAP. AAP performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
79% 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 42.70 - 50.59 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
AAP has an average volume of 1787660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
AAP is part of the Specialty Retail industry. There are 120 other stocks in this industry, AAP did better than 49% of them.
The technical rating of AAP is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
43.00
50.30
When analyzing the support we notice one important area.
- A support zone ranging from 43.43 to 43.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 45.38 to 46.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 47.40 to 47.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @48.51 from a horizontal line in the weekly time frame.
- Resistance @49.80 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.69
Mansfield-2.87
10 Day High49.37
10 Day Low42.7
20 Day High50.59
20 Day Low42.7
52 Week High88.56
52 Week Low35.59
Performance
1 Week-10.6%
2 Weeks-11.13%
1 Month-8.3%
3 Month6.5%
6 Month-11.62%
12 Month-28.9%
2 Year-70.03%
3 Year-78.76%
5 Year-67.33%
10 Year-71.96%
15 Year6.47%
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)-0.62
RSI(14)38.19
LBB42.77
UBB50.72
43.44
-0.9 (-2.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-2.03%
1 Week-10.6%
2 Weeks-11.13%
1 Month-8.3%
3 Month6.5%
6 Month-11.62%
12 Month-28.9%
2 Year-70.03%
3 Year-78.76%
5 Year-67.33%
10 Year-71.96%
15 Year6.47%
Volatility
ATR(14)2.03
ATR(20)%4.33%
ATR Inc-1.88%
Range Today2.57
ADR(20)1.84
ADR(20)%4.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.69
Mansfield-2.87
10 Day High49.37
10 Day Low42.7
20 Day High50.59
20 Day Low42.7
52 Week High88.56
52 Week Low35.59
CS1 End43.43
CR1 Start45.38
Volume & EV
DER(3)0.66%
DER(5)0.31%
Volume2.50M
Volume Incr40.33%
Vol(5)2.17M
Vol(50)1.79M