Ameren stock: buy or sell
Jul 29th, 2021
Ameren stock brief
- Ameren stock slightly moved -0.94% to close at $84.19 on the stock market on Wednesday.
- Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States.
Should I buy Ameren stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. 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?
In the current situation of Ameren there is just one buy setup eligible:
ATH buy setup
One of the most recommended trading strategies is to buy on All-time Highs (ATH) breakouts. The good point of buying at all-time highs is that price doesn't struggle with upper resistances, and usually it scales quickly. However, there's the risk of a bulls trap that may trigger your buy order and then drops sharply. That's why a stop loss is always important. Price is now at 3.08% of all-time highs and it can breakout at any time, so if you want to trade this setup it's recommended to setup your order at $86.78. Arm your stop-loss at $78.10
|Buy setup||Buy point||Stop loss||Risk|
|ATH buy setup||$86.78||$78.10||10.00%|
Should I sell Ameren stock?
Knowing when to sell a stock is even harder than knowing when to buy it. Trading strategies prevent us from making impetuous decisions based on our personal emotions or the buzz surrounding the market. When selling, as well as buying, our strategies are very easy to follow but are only applicable for selling stocks in your porfolio, not for shorting Ameren stock
A golden rule is that you must never hold a trade that leads to higher than expected losses by the time of the buy. The timing to sell your stock must always be determined 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 profit can keep their positions
In the last month we couldn't find any rating for Ameren
Ameren stock analysis
Supports and resistances
The current resistance levels are:
The current supports are:
Since the price surpassed the upper band on July 16, the price has been corrected downwards by 1.49%. The price is trading very close to the upper Bollinger band, indicating some level of overbought in recent sessions. This is not a bearish indicator, as price can trade in these levels for many days and weeks
Relative strength index
The has been between the levels of 70 and 30 for several weeks, and therefore, without this indicator really helping us to make any decisions.
Ameren stock price history
Ameren started trading on Jan 2nd, 1998 at $13.49 per share1. Since then, AEE stock has risen by 524.09%, with an average of 22.79% per year. If you had invested $1,000USD in Ameren stock at that time, it would have a value of $6,240.92 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Ameren stock
How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price predictions are issued every day by banks, financial institutions and independent analysts.
Along with buy or sell recommendations, financial institutions post their price target based on the stock price action and the company fundamental data. Most of these predictions follow the publication of new financial data by the company, and usually. Again, these targets are not direct recommendations for small investors and must not be followed blindly.
We don't have any target price posted in the previous 4 weeks for Ameren.
Earnings and financials
Last May, Ameren Corporation ($AEE) reported adjusted EPS for that highly enhanced analysts' expectations. Quarterly EPS was $0.91 per share from an estimated $0.75. This Q1 report means an earnings surprise of 21.33%. On the contrary, the company said revenue was $1.6 billion consistent with the market forecasts.For comparison, the EPS for the same quarter last year was $0.59, so reported EPS is a improvement of 54.24%. Revenue climbed a 8.80% on an annualized basis in the , from $13.8B to $15.0B last quarter.
Ameren ($AEE) presents Q2 earnings report on Thursday next week. Market predicts of $0.81, compared to previous quarter that made $0.91.
Important:The comments written in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this text does not know the particular circumstances of the reader, his or her financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are posted for general educational purposes only
|Wednesday, July 28th, 2021|
|Day range||$83.63 - $85.1|
|Average true range||$1.69|
|50d mov avg||$83.38|
|100d mov avg||$82.32|
|200d mov avg||$79.08|
|Earnings date||August 5th, 2021|