AES's most recent trend suggests a bearish bias. One trading opportunity on AES is a Bear Call Spread using a strike $24.00 short call and a strike $29.00 long call offers a potential 8.7% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $24.00 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock rose above the $29.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for AES is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for AES is bearish.
The RSI indicator is at 33.33 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for AES
PetroVietnam Gas says deal signed with AES on LNG joint venture
Thu, 23 Sep 2021 02:04:31 +0000
PetroVietnam Gas has signed an agreement with AES Corp to form a joint venture to operate an LNG terminal in Vietnam, the Vietnamese firm said on Thursday. The joint venture, LNG Son My, is part of a $1.3 billion LNG-to-power complex in the central province of Binh Thuan, PetroVietnam Gas said in a statement, adding that it will annually supply 3.6 million tonnes of LNG to two power plants in the complex to be operational from 2025.
AES Announces CFO Transition
Wed, 22 Sep 2021 01:41:00 +0000
The AES Corporation (NYSE: AES) announced today the appointment of Stephen Coughlin as Executive Vice President and Chief Financial Officer, effective October 15, 2021. Most recently, Coughlin led AES' Corporate Strategy and Financial Planning groups, including serving as the Chair of the Company's Investment Committee. Prior to that role, he served as the Chief Executive Officer of Fluence, AES' energy storage joint venture with Siemens. Coughlin succeeds Gustavo Pimenta, who will be joining Br
Insider Buying: The The AES Corporation (NYSE:AES) Director Just Bought 70% More Shares
Sat, 18 Sep 2021 12:04:50 +0000
The AES Corporation ( NYSE:AES ) shareholders (or potential shareholders) will be happy to see that the Director, Maura…
3 Stocks Insiders Are Buying
Fri, 17 Sep 2021 12:13:14 +0000
When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga's insider transactions platform. Sensient Technologies Th
AES Acquires 49.9% Stake in AES Colon, Expands LNG Portfolio
Wed, 15 Sep 2021 13:54:01 +0000
AES Corp (AES) acquires remaining 49.9% stake in AES Colon, a 381-megawatt LNG-fired power plant and a 180,000 cubic metres LNG storage and regasification facility in Panama.
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