Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, July 23, 2024.

Advance Auto Parts Inc. (NYSE:AAP)

Long-Term Downtrend (-90) - AAP is in a strong downtrend that is likely to continue. While AAP is showing intraday strength, it remains in the confines of a bearish trend. 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.

NYSE_AAP
Open High Low AAP Price Change
58.66 59.84 58.33 59.62 -0.13
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 down The short-term trend has been DOWN since Jul 18th, 2024 at 61.80

Smart Scan Analysis for AAP

Based on our trend formula, AAP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for AAP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
58.66 59.84 58.33 59.62 -0.13
Prev. Close Volume Bid Ask Time
59.75 909097 2024-07-23 16:00:00
Year High186.15Year High Date2018-11-14
Year Low99.71Year Low Date2018-01-02
52wk High88.5652wk High Date2024-03-21
52wk Low47.7352wk Low Date2023-10-25
Year End Close72.35Average Volume1,301,853
Shares Outstanding59,622Short Interest842,061
% Institutional92Market Cap11,340M
Assets122,011,100MLiabilities963,646,000M
P/E Ratio221.2963Beta0.47
Volatility39.86
Get a free daily analysis and signals for Advance Auto Parts Inc. (AAP) - Request Your Free Report.