Ameren stock: buy or sell
Updated on:
Apr 22nd, 2021
2
Ameren stock brief
- Ameren slightly changed a -0.94% after hitting new all-time highs on Wednesday
- The price is currently over the upper Bollinger band, which is usually an indicator of a near-term correction
- Morgan Stanley posted a neutral rating for Ameren on Tuesday, with a forecast of $87.00
- Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States.
Should I buy Ameren stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $AEE stock a buy?
Currently, Ameren stock matches one trading strategy:
ATH buy setup
All-time Highs is always an excellent buy point for those who like to buy high and sell higher. The good point of buying at all-time highs is that price doesn't have upper resistances, and usually it scales fast. However, you must always be aware of a possible bulls trap that may trigger your buy order and then drops sharply. That's why a stop loss is always important. Ameren can break to ATH any time soon, as it only needs to rise a 1.74%. Setup your buy order at $86.56 if you want to trade with this strategy. The stop loss would be ordered at $77.90
| Buy setup | Buy point | Stop loss | Risk |
| ATH buy setup | $86.56 | $77.90 | 10.00% |
Should I sell Ameren stock?
When you are a novel trader and you own a stock with some profit, it's really difficult to decide the best moment to sell and get your benefits. Similarly to when we have to buy shares, determining when is appropiate time to sell is not a random decision, and we must adhere our own trading style. When selling, as well as buying, our setups are very easy to use and are only applicable for selling shares you already own, not for selling short Ameren stock
As a golden rule, you should not mantain an investment that generates losses greater than those expected by the time of purchase. The timing to sell shares always has to be dictated by the stop-loss (automatic or manual)
Is it time to sell Ameren stock?
In the current situation of Ameren there is not any eligible sell setup, so Ameren stock holders with operations in green can keep their positions
Ameren ratings
In the last 30 days, 6 ratings were published for Ameren
| Brokerage firm | Rating |
|---|---|
| Mar 25th, 2021 | |
| Morgan Stanley | |
| Apr 8th, 2021 | |
| Mizuho | Neutral |
| Apr 13th, 2021 | |
| Bank of America | Neutral → |
| Apr 14th, 2021 | |
| Mizuho | Neutral |
| Apr 19th, 2021 | |
| Bank of America | Neutral → |
| Apr 20th, 2021 | |
| Morgan Stanley | |
Ameren stock analysis
In mid-March, the price broke out over the previous top at $76.41 on the downtrend started in November 2020. Since then, the price action resulted in a 11.35% gain.
$AEE at new All-time Highs
Ameren hit new all-time highs (ATH) on Wednesday at $86.56, and cleared the field for new highs as there are no further resistances. Previous highs were in November 2020
SMAs overview
Supports and resistances
The current resistances are:
The current supports are:
Bollinger bands
Price levels above or below the Bollinger Bands tell us that the price has followed a strong trend that has led to extreme highs or lows. At this point, the price is beyond the upper band, and that should mean a short-term adjustment (at least) until it is below the band
Relative strength index
Climbed over the overbought line Wednesday, marking a value of 70.23. Contrary to what many investors may think, the fact that the value is in the overbought zone does not in any way imply a sell signal, as stock price can climb during several weeks being in the overvalued zone
Ameren stock price history
Ameren went public on Jan 2nd, 1998 at $13.68 per share1. Since then, AEE stock has risen by 521.93%, with an average of 22.69% per year. If you had invested $1,000USD in Ameren stock at that time, it would be valued $6,219.30 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Ameren stock
How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price forecasts are posted every day by banks, financial institutions and independent analysts.
The following table shows the price predictions posted by financial institutions in the last 30 days. If you are a small investor you should not invest based on these forecasts.
There are 5 price forecasts released for Ameren that average $85.60. Ameren closed at $85.08 on Wednesday, that is a 0.61% than the target price.
| Brokerage firm | Price target |
|---|---|
| Mar 25th, 2021 | |
| Morgan Stanley | $78.00 → $80.00 |
| Apr 8th, 2021 | |
| Mizuho | Not available |
| Apr 13th, 2021 | |
| Bank of America | $84.00 → $89.00 |
| Apr 14th, 2021 | |
| Mizuho | $83.00 |
| Apr 19th, 2021 | |
| Bank of America | $84.00 → $89.00 |
| Apr 20th, 2021 | |
| Morgan Stanley | $80.00 → $87.00 |
Earnings and financials
Financial call was hosted by Ameren ($AEE) last February after presenting the financial report. Ameren posted earnings of $0.46 per share on revenue of $1.3 billion. The Wall St estimate was $0.42 per share on revenue of $1.4 billion.
This compares to Earnings of $0.38 per share a year ago, so reported EPS means an improvement of 21.05%. Looking at sales, figures scarcely changed compared to $12.6B same quarter 12 months ago.Ameren ($AEE) is posting quarterly financial report mid next May. Market predicts of $0.75, compared to Q4 that was $0.46.
Ameren performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| Ameren ($AEE) | 9.00% | 17.60% | 4.20% |
Please read:
The opinions given in this post are personal and not recommendations for you to buy or sell stocks. The author of this article does not have any knowledge of the individual circumstances of the reader, his or her own finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are published for learning reasons onlyAmeren summary
| Wednesday, April 21st, 2021 | |
|---|---|
| Open | $86.16 |
| Close | $85.08 |
| Day range | $85.03 - $86.56 |
| Previous close | $85.89 |
| Session gain | -0.94% |
| Average true range | $1.46 |
| 50d mov avg | $77.31 |
| 100d mov avg | $76.56 |
| 200d mov avg | $77.85 |
| Earnings date | May 10th, 2021 |