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Do Traders Think American Electric Power Company Inc (AEP) Can Keep Climbing Thursday?

Thursday, March 28, 2024 03:10 PM | InvestorsObserver Analysts

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Do Traders Think American Electric Power Company Inc (AEP) Can Keep Climbing Thursday?

Overall market sentiment has been high on American Electric Power Company Inc (AEP) stock lately. AEP receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
American Electric Power Company Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on AEP!

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With AEP Stock Today?

American Electric Power Company Inc (AEP) stock is trading at $86.03 as of 3:08 PM on Thursday, Mar 28, a gain of $1.23, or 1.45% from the previous closing price of $84.80. The stock has traded between $84.75 and $86.09 so far today. Volume today is less active than usual. So far 1,401,871 shares have traded compared to average volume of 4,647,691 shares. To screen for more stocks like American Electric Power Company Inc click here.

More About American Electric Power Company Inc

American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million retail customers in 11 states. About 43% of AEP's of capacity is coal, with the remainder from a mix of natural gas (27%), renewable energy and hydro (19%), nuclear (7%), and demand response (4%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings. Click Here to get the full Stock Report for American Electric Power Company Inc stock.

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