AEP stock: buy or sell

AEP stock price: $80.47 2.08% At close on Jan 15th, 2021

Updated on:
Jan 16th, 2021

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AEP stock brief

  • American Electric Power stock grew 2.08% to close at $80.47 on the stock market today, after 3 consecutive sessions in green.
  • Looking at the chart, price is drawing an scaled downtrend since last November with lower tops and lower bottoms. shares price lost a -14.58% since the downtrend started.
  • The Goldman Sachs Group published a strong sell rating for American Electric Power on Thursday

Should I buy American Electric Power 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 $AEP stock a buy?

In the current situation of American Electric Power there is not any eligible buy setup. This doesn't mean we expect a selloff for $AEP in the next few days, or that it may not climb higher. Simply, it doesn't match our recommended trading systems

Should I sell American Electric Power stock?

When is it time to sell American Electric Power?. Like when we have to buy shares, deciding when is appropiate time to sell is not a whimsical decision, and we must follow our own trading strategy. Our trading system selects very simple setups to guide us on when is the best time to sell a stock. Be aware that these setups should not be used for selling short $AEP stock

A guiding principle is that you should not mantain an open trade that generates greater losses than those expected upon the buy. When to sell your stock should always be dictated by the stop-loss (automatic or manual)

Is it time to sell American Electric Power stock?

In the current situation of American Electric Power there is not any eligible sell setup, so American Electric Power stock holders with operations in green can keep their positions

American Electric Power ratings

In the last 30 days, 2 analyst ratings were published for American Electric Power

American Electric Power analysts' ratings - Last month
Brokerage firmRating
Jan 6th, 2021
Wells Fargo & Company
Jan 14th, 2021
The Goldman Sachs Group NeutralStrong sell

American Electric Power stock analysis

American Electric Power continues trending lower since last November, and has lost a -14.58%. The stock plotted 2 consecutive lower tops.

SMAs overview

AEP stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $80.81 (0.42% above)
  • R2: $81.46 (1.23% above)
  • R3: $83.02 (3.17% above)
  • The current supports are:

  • S1: $77.94 (-3.14% below)
  • S2: $77.73 (-3.40% below)
  • S3: $76.82 (-4.54% below)
  • Bollinger bands

    Since the price broke down the lower band last Wednesday, the price rebounded by 3.98%

    AEP stock Bollinger Bands chart

    Relative strength index

    The RSI crossed up the oversold level of 30 last November after just being in the oversold zone for 1 day (what can be considered a strength sign). The RSI reading on Friday was 45.86

    AEP stock RSI chart

    American Electric Power stock price history

    American Electric Power started trading priced at an adjusted price1 of $0.90 on Jan 1970. Since then, AEP stock has risen by 8,841.11%, with an average of 173.36% per year. An investment of $1,000USD on Jan 1970 would worth $89,411.11 today.

    1: Adjusted price after possible price splits or reverse-splits

    AEP stock price history chart

    Price target for American Electric Power stock

    Nobody knows how much a share will be priced tomorrow. However, many stock price forecasts are issued every day by banks, financial institutions and independent analysts.

    The following table shows the price target posted by brokerage institutions for the last 30 days. If you are a small trader you don't have to buy or sell based on these predictions.

    There is just one price target issued for American Electric Power that predicts a price of $88.00.

    American Electric Power stock price predictions
    Brokerage firmPrice target
    Jan 6th, 2021
    Wells Fargo & Company $101.00$88.00
    Jan 14th, 2021
    The Goldman Sachs Group Not available

    Earnings and financials

    Last October, American Electric Power Company, Inc. ($AEP) posted adjusted EPS for that met Market expectations. Quarterly EPS was $1.47 per share from an estimated $1.45. Revenue was $4.1 billion compared to $4.4 billion estimated by market consensus.

    This compares to Earnings of $1.46 per share same quarter last year, so posted EPS means an increase of 0.68%. Looking at sales, figures slided a -5.76% compared to $43.2B same quarter a year ago.

    AEP ($AEP) is hosting the quarterly earnings call mid next February. Analysts expect of $0.76, that is a 48.30% less than previous quarter.

    American Electric Power performance

    AEP performance compared
    Company1m3m6m
    American Electric Power ($AEP) -4.50% -9.60% -6.60%

    Disclaimer:
    The viewpoints given in this article are personal and should not be followed as recommendations for you to buy or sell shares. The author of this report does not have an understanding of the particular conditions 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 Thoughts are published for learning motives only

    AEP summary

    Friday, January 15th, 2021
    Open$76.96
    Close$80.47
    Day range$76.96 - $80.69
    Previous close$78.83
    Session gain2.08%
    Average true range$1.97
    50d mov avg$83.92
    100d mov avg$83.89
    200d mov avg$82.57
    Earnings dateFebruary 18th, 2021

    Frequently asked questions

    What is American Electric Power stock symbol?

    American Electric Power Company, Inc. is a public company trading in the US stock market with the AEP symbol

    Is American Electric Power stock a buy or sell?

    American Electric Power received 2 ratings in the last 30 days: 0 bullish, 1 bearish and 0 neutral.

    Will AEP go up?

    American Electric Power had different price forecasts posted by analysts in the last month forecasting the target price to $88.00. That is a 9.36% than the current price ($80.47).