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Stock Trend Analysis Report

Prepared for you on Tuesday, October 22, 2024.

Advance Auto Parts Inc. (NYSE:AAP)

Countertrend Down (-85) - AAP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

NYSE_AAP
Open High Low AAP Price Change
40.3800 40.5095 38.7400 38.8500 -2.1300
Entry Signal

MarketClub’s Trade Triangles for AAP

long term down The long-term trend has been DOWN since Jul 1st, 2024 at 60.61

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 76.78

short term up The short-term trend has been UP since Oct 14th, 2024 at 39.45

Smart Scan Analysis for AAP

Based on our trend formula, AAP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for AAP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.3800 40.5095 38.7400 38.8500 -2.1300
Prev. Close Volume Bid Ask Time
40.9800 2492947 2024-10-22 15:57:55
Year High186.15Year High Date2018-11-14
Year Low99.71Year Low Date2018-01-02
52wk High88.5652wk High Date2024-03-21
52wk Low36.452wk Low Date2024-10-03
Year End Close72.35Average Volume2,818,126
Shares Outstanding59,674Short Interest842,061
% Institutional92Market Cap11,340M
Assets122,898,060MLiabilities968,305,400M
P/E Ratio189.2593Beta0.47
Volatility39.86
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