AEP Short Term: the upside prevails as long as 86.3 is support
May 8, 2024 07:47
AEP (AEP.US)
0.14+0.15%
the upside prevails as long as 86.3 is support.
Our pivot point stands at 86.3.
Our preference: the upside prevails as long as 86.3 is support.
Alternative scenario: below 86.3, expect 83.2 and 81.3.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 85.1025 and 84.331).
Supports and resistances:
99.4 **
97.5 *
95.6 **
93.7
89.87 (USD-last)
87.5
86.3 **
83.2 *
81.3 **
Our preference: the upside prevails as long as 86.3 is support.
Alternative scenario: below 86.3, expect 83.2 and 81.3.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 85.1025 and 84.331).
Supports and resistances:
99.4 **
97.5 *
95.6 **
93.7
89.87 (USD-last)
87.5
86.3 **
83.2 *
81.3 **
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