AEP stock: buy or sell
Updated on:
Apr 22nd, 2021
2
AEP stock brief
- American Electric Power closed on Wednesday at $89.35 (-0.88%) prior to reporting financial results next August at 08:00
- On Thursday, American Electric Power posted its Q1 earnings report
- Mizuho posted a strong positive rating for American Electric Power on Wednesday, with a target of $91.00
Should I buy American Electric Power 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 $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 rise higher. Simply, it doesn't match our recommended trading systems
Should I sell American Electric Power stock?
"To sell or not to sell", if you are holding American Electric Power stock?. Trading strategies allow us to avoid impetuous decisions based on our sentiments or the buzz that surrounds the market. We like very simple setups to guide us on when is a good moment to sell our shares. Be aware that these setups are not intended for selling short $AEP stock
As a golden rule, you should never mantain a trade that leads to losses greater than those expected at the time of the buy. The timing to sell shares must always be ruled by the stop-loss (automatic or manual)
Is it time to sell American Electric Power stock?
Currently, American Electric Power stock doesn't match any of our preferred sell setups, so if you hold American Electric Power stock and your operation is in profit probably is not time to sell now
American Electric Power ratings
In the last 30 days, 4 brokerage ratings were published for American Electric Power. General sentiment is bullish, with 4 out of 4 posting positive outlooks
| Brokerage firm | Rating |
|---|---|
| Mar 25th, 2021 | |
| Morgan Stanley | Buy |
| Apr 15th, 2021 | |
| Mizuho | |
| Apr 20th, 2021 | |
| Morgan Stanley | Buy |
| Apr 21st, 2021 | |
| Mizuho | |
American Electric Power stock analysis
Since the price bottomed at $74.80 last February, the stock gained by 19.45%.
SMAs overview
Supports and resistances
The current resistance levels are:
The current supports are:
Bollinger bands
Since the price surpassed the upper band on Tuesday, the price has been corrected downwards by 1.40%. The price is moving very close to the upper Bollinger band, signaling some level of overbought in recent sessions. This is not a sell signal, as price can move in these levels for many days and weeks
Relative strength index
Crossed over the 70 level Wednesday, with a value of 71.02. The fact that the value is above 70 does not in any way imply a sell point, as stock price can climb during several weeks being in the overvalued zone
American Electric Power stock price history
American Electric Power went public priced at an adjusted price1 of $0.97 on Jan 1970. Since then, AEP stock surged by 9,111.34%, with an average of 178.65% per year. An investment of $1,000USD on the IPO would have a value of $92,113.40 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for American Electric Power stock
How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations publish their analysis forecasting how a particular stock will performance in the future.
The following table shows the price target posted by brokerage institutions over the last 30 days. If you are a small trader you should not trade based on these forecasts.
There are 4 price predictions issued for American Electric Power that average $96.25. That is a 7.72% than the last price ($89.35).
| Brokerage firm | Price target |
|---|---|
| Mar 25th, 2021 | |
| Morgan Stanley | $98.00 → $99.00 |
| Apr 15th, 2021 | |
| Mizuho | $83.00 → $91.00 |
| Apr 20th, 2021 | |
| Morgan Stanley | $99.00 → $104.00 |
| Apr 21st, 2021 | |
| Mizuho | $83.00 → $91.00 |
Earnings and financials
Investors call was hosted by American Electric Power ($AEP) on Thursday after presenting the financial report.
This compares to Earnings of $1.02 per share a year ago, so reported EPS means -100.00%. Looking at turnover, figures only changed compared to $36.2B same quarter a year ago.AEP ($AEP) will host the earnings call next August.
American Electric Power performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| American Electric Power ($AEP) | 6.40% | 11.30% | -1.10% |
Disclaimer:
The opinions contained in this article are personal and not recommendations for you to buy or sell shares. The author of this text does not have an understanding of the particular conditions 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 Viewpoints are posted for education motives onlyAEP summary
| Wednesday, April 21st, 2021 | |
|---|---|
| Open | $89.82 |
| Close | $89.35 |
| Day range | $89.04 - $90.45 |
| Previous close | $90.14 |
| Session gain | -0.88% |
| Average true range | $1.36 |
| 50d mov avg | $82.25 |
| 100d mov avg | $81.74 |
| 200d mov avg | $82.60 |
| Earnings date | August 5th, 2021 |