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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.

Open High Low AAP Price Change
65.38 67.20 65.19 66.05 -1.51
Entry Signal

MarketClub’s Trade Triangles for AAP

long term down The long-term trend has been DOWN since Feb 15th, 2022 at 218.240

intermediate term down The intermediate-term trend has been DOWN since May 16th, 2023 at 120.230

short term down 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).

Smart Scan Analysis for AAP
Strong Downtrend Sideways 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 High186.15Year High Date2018-11-14
Year Low99.71Year Low Date2018-01-02
52wk High212.2552wk High Date2022-08-16
52wk Low65.1952wk Low Date2023-06-06
Year End Close72.35Average Volume3,119,733
Shares Outstanding59,274Short Interest842,061
% Institutional92Market Cap11,340M
P/E Ratio7.9891Beta0.47
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