American Electric's most recent trend suggests a bullish bias. One trading opportunity on American Electric is a Bull Put Spread using a strike $82.50 short put and a strike $77.50 long put offers a potential 5.26% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $82.50 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $77.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for American Electric is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for American Electric is bullish.
The RSI indicator is at 32.23 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for American Electric
AEP Energy Partners Seeks Solar, Wind and Battery Storage Projects in PJM
Mon, 04 Oct 2021 16:22:00 +0000
AEP Energy Partners (AEPEP), an American Electric Power (Nasdaq: AEP) company, seeks proposals for off-take from new solar, off-take from new/repowered wind facilities and build-own-transfer of stand-alone Battery Energy Storage System (BESS) located in the PJM service region to support the company's growing retail and wholesale load.
American Electric Power Service Corporation Seeks Bids For Coal
Mon, 20 Sep 2021 15:00:00 +0000
American Electric Power (Nasdaq: AEP) today issued a request for proposal (RFP) for the supply of coal to one or more of its generating stations in multiple coal regions. AEP seeks proposals for the following regions and terms:
Is Now The Time To Put American Electric Power Company (NASDAQ:AEP) On Your Watchlist?
Fri, 17 Sep 2021 10:02:54 +0000
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to…
Second North Central Wind Project Begins Commercial Operation
Fri, 10 Sep 2021 16:15:00 +0000
American Electric Power's (Nasdaq: AEP) 287-megawatt (MW) Maverick Wind Energy Center in north central Oklahoma has begun commercial operation. Located southwest of Enid, Oklahoma, Maverick is one of three wind projects that compose the North Central Energy Facilities, which will provide 1,485 MW of clean energy to customers of AEP's Public Service Company of Oklahoma (PSO) and Southwestern Electric Power Company (SWEPCO) subsidiaries.
AEP Recognized as a Top Utility in Economic Development
Thu, 02 Sep 2021 15:50:00 +0000
American Electric Power (Nasdaq: AEP) has been named one of the nation's Top Utilities in Economic Development by Site Selection magazine.
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