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AEP Stock Forecast & American Electric Power Chart Analysis

This article provides a detailed analysis of AEP-American Electric Power stock including a forecast for AEP shares. It features American Electric Power Company, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

AEP Historical Data Review

AEP Current Price Performance Analysis

The American Electric Power - AEP stock traded on the American stock market, on 06-05-2024, closed at 88.95$ with a %-1.58 decreased compared to the previous day.

In the last month, the price of AEP changed by %0.16 increased in value, from 88.81 dollars on 05-06-2024 to 88.95 dollars, increased.

Last year, the price of AEP was 83.44 dollars on 06-06-2023, and changed by %6.60 increased in value, to 88.95 dollars increased within a year.

The price of American Electric Power stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

AEP with AI Stock Forecast & Price Target

AEP stock forecast American Electric Power price target

On the AEP chart American Electric Power price was recorded as 88.95 Dollars on 06/05/2024.

The artificial intelligence's forecast on AEP stock is as follows.

The artificial intelligence's prediction error margin for AEP stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for American Electric Power stock over the next 4 months is: 78.1 Dollars.

The commentary on AEP stock Target Price: Highest: 90.709 Dollars is predicted.

The commentary on AEP stock Target Price: Lowest: 71.42 Dollars is predicted.

Resistance Price where American Electric Power stock will Rise and Fall:

Date Price Prediction
06-20-2024 90.709
09-23-2024 81.103
12-02-2024 77.574
02-20-2025 75.930

Support Price where American Electric Power stock will Fall and Rise:

Date Price Prediction
08-29-2024 79.559
11-07-2024 76.293
01-16-2025 71.420
03-27-2025 71.691

The commentary on AEP stock: The target price can generally be said to be on the decline.

The commentary on AEP stock: Fluctuations in the target price can be expected in the coming days.

The target price for American Electric Power stock by the end of 2024 is predicted to be 73.859 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on AEP stock, and the 2024 target price predictions for American Electric Power are detailed above.

The technical analysis and charts for the commentary on AEP stock are below.

AEP Support & Resistance and Trend Analysis

AEP review American Electric Power technical analysis trend chart AEP priceAEP stock support and resistance price chart

AEP stock you have reviewed the technical analysis support resistance charts regarding.

AEP : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the AEP review, the American Electric Power support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

American Electric Power Support and Resistance Prices:

AEP Support Level Price AEP Resistance Level Price
74.97 79.92
75.22 81.08
76.70 84.56
79.01 84.69
79.16 86.15
79.45 86.24
81.12 91.00
86.97 93.44

AEP Technical Analysis: SMA, RSI, MACD

AEP review American Electric Power SMA chart analysis AEP priceAEP buy or sell review American Electric Power MACD chart analysis AEP price

Upon reviewing the AEP chart, buy and sell signals have been generated in the American Electric Power technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for AEP stock are as follows:
  1. The technical analysis for AEP indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for American Electric Power indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for American Electric Power stock: Click here to read more predictions on IQVIA Holdings stock.

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