We assign a technical rating of 1 out of 10 to AES. AES scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, AES is a bad performer in the overall market: 81% of all stocks are doing better.
AES is part of the Independent Power and Renewable Electricity Producers industry. There are 19 other stocks in this industry, of which 72% are performing better than AES.
AES is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AES is lagging the market.
In the last month AES has a been trading in the 9.88 - 12.00 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
AES has an average volume of 14895500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.