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Stock Trend Analysis Report
Prepared for you on Wednesday, June 7, 2023.
Advance Auto Parts Inc. (NYSE:AAP)
Strong Downtrend (-100) - AAP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AAP continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid AAP?
MarketClub looks at technical strength and momentum to determine if the timing is right for AAP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for AAP
The long-term trend has been DOWN since Feb 15th, 2022 at 218.240
The intermediate-term trend has been DOWN since May 16th, 2023 at 120.230
The short-term trend has been DOWN since May 12th, 2023 at 123.305
Smart Scan Analysis for AAP
Based on our trend formula, AAP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 65.38 | 67.20 | 65.19 | 66.05 | -1.51 |
| Prev. Close | Volume | Bid | Ask | Time |
| 66.07 | 3049126 | 2023-06-06 15:59:52 |
| Year High | 186.15 | Year High Date | 2018-11-14 |
| Year Low | 99.71 | Year Low Date | 2018-01-02 |
| 52wk High | 212.25 | 52wk High Date | 2022-08-16 |
| 52wk Low | 65.19 | 52wk Low Date | 2023-06-06 |
| Year End Close | 72.35 | Average Volume | 3,119,733 |
| Shares Outstanding | 59,274 | Short Interest | 842,061 |
| % Institutional | 92 | Market Cap | 11,340M |
| Assets | 120,184,820M | Liabilities | 934,020,100M |
| P/E Ratio | 7.9891 | Beta | 0.47 |
| Volatility | 39.86 |