AES stock: buy or sell
Updated on:
Apr 22nd, 2021
2
AES stock brief
- AES Corporation stock barely changed 0.50% to close at $28.39 on the stock market on Wednesday.
- The AES Corporation operates as a diversified power generation and utility company.
Should I buy AES Corporation 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 $AES stock a buy?
Currently, AES Corporation stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $AES will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell AES Corporation stock?
"To sell or not to sell", if you are holding AES Corporation stock?. Similarly to when we have to buy shares, determining when is appropiate to sell is not a random decision, and we must follow our own trading style. Our trading system selects very simple setups to guide us on when is a good time to sell a stock. Be aware that these setups should not be used for selling short $AES stock
As a rule of thumb, you should never mantain a trading operation that generates higher than expected losses by the time of purchase. The timing to sell your stock always has to be ruled by the stop-loss (automatic or manual)
Is it time to sell AES Corporation stock?
Currently, AES Corporation stock doesn't match any of our preferred sell setups, so if you own AES Corporation shares and your operation is in profit probably is not time to sell now
AES Corporation ratings
We don't have any rating published in the previous 30 days for AES Corporation
AES Corporation stock analysis
SMAs overview
Supports and resistances
The current resistances are:
The current supports are:
Bollinger bands
Since the price surpassed the upper band on April 14, the price has been corrected downwards by 0.70%. The price is moving very close to the upper Bollinger band, poiting 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
When the moves for so long below 70 and above 30, without showing moments of overbought and oversold, the indicator gets of little use, and we are now in one of these situations.
AES Corporation stock price history
AES Corporation started trading on Jun 26th, 1991 at $2.32 per share1. Since then, AES stock surged by 1,123.71%, with an average of 38.75% per year. If you had invested thousand dollars in AES Corporation stock on Jun 1991, it would worth $12,237.07 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for AES Corporation stock
How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price forecasts are posted every day by banks, financial institutions and independent analysts.
Along with buy or sell recommendations, financial institutions post their price estimates based on the stock price action and the company fundamental data. Most of these forecasts follow the publication of new financial information by the company, and many times. If you are a small investor you shouldn't trade based on these projections.
In the last month we couldn't find any price target posted for AES Corporation stock.
Earnings and financials
The AES Corporation ($AES) came out with earnings of $0.48 per share last February, slightly surpassing the Wall St consensus estimate of $0.44 per share. This quarterly report represents an earnings surprise of 9.09%. Estimated turnover was $2.8 billion but AES Corporation slightly worsened by 7.91%, posting $2.6 billion.
Compared to the same quarter one year ago, EPS was $0.35, so current EPS means a gain of 37.14%. Sales inched a 5.31% on an annualized basis in the , from $24.3B to $25.6B last quarter.AES ($AES) is posting Q1 earnings report next Thursday. Market estimates of $0.32, compared to Q4 that was $0.48.
AES Corporation performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| AES Corporation ($AES) | 9.30% | 1.90% | 42.70% |
Important:
The thoughts published 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 specific positions of the reader, his or her own financial statements 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 posted for learning reasons onlyAES summary
| Wednesday, April 21st, 2021 | |
|---|---|
| Open | $28.03 |
| Close | $28.39 |
| Day range | $27.84 - $28.43 |
| Previous close | $28.25 |
| Session gain | 0.50% |
| Average true range | $0.66 |
| 50d mov avg | $27.33 |
| 100d mov avg | $25.51 |
| 200d mov avg | $21.66 |
| Earnings date | May 6th, 2021 |