AEP

American Electric PowerUtilities

$135.54+0.46%

Ascending Triangle Rectangle Rounding Bottom

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$135.54

MAYJUNJUL

Trade this Ascending Triangle

AEP is showing a classic Ascending Triangle. Don't miss the move.

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Quick Actions

Trade Plan: Rounding Bottom

Risk/Reward

1:2

Entry

$140.58

Stop

$132.16

Target

$157.42

Chart Pattern

Ascending Triangle

Bullish continuation pattern.

Rectangle

Sideways movement between parallel supports.

Rounding Bottom

Gradual reversal from bearish to bullish.

Market Analysis

AEP is showing interesting structural developments at $135.54. With a last close of $135.54, volatility remains active (0.46%). The primary technical feature is a Rounding Bottom formation. Volume is average (0.58x avg) with moderate trend strength (2.4). A potential breakout level is identified at $140.58, targeting $157.42 with support near $132.16 (R:R 2.0).

Community Sentiment

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