Ameren Corporation (NYSE:AEE)’s Volatility Moves 1.43% For the Week

Active traders are often looking for the next great move to secure profits in the stock market. Traders might be tracking stocks that are primed for a breakout. When a stock suddenly breaks to the upside, it has the potential to bring the optimistic crowd along with it. Ameren Corporation (NYSE:AEE) shares gapped 0.01% pre-market with a price of $77.7 on the stock. Shares ticked up to a high of 77.87 while touching down to 76.97 in the latest session.  

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Based on the stock’s volatility for the week, which is a statistical measure of the dispersion of returns for a given stock and represents average daily high/low percentage range of 1.43% and month of 1.30%.  So are analysts giving the Buy signal at this juncture?  Sell-side firms currently have a consensus recommendation of 2.3 on the shares.  This is based on a 1 to 5 formula where 1 indicates a Strong Buy and 5 a Strong Sell. 

In addition to sell-side reports, we can also take a look at some technical elements. The stock is currently 0.45% away from its 50-day simple moving average and 4.57% away from the 200 day average. Based on a recent trade, the shares are -3.90% away from the 52-week high and 24.30% from the 52-week low.

The RSI takes the closing prices of a given stock over a 14-day period (typically) and calculates a ratio of the number of higher close days to the number of lower close days. With Ameren Corporation (NYSE:AEE) shares passing the 70 level, the stock is now considered to be in overbought territory and ripe for a potential pullback. The Relative Strength Index (RSI) is a highly popular technical indicator. The RSI is computed base on the speed and direction of a stock’s price movement. The RSI is considered to be an internal strength indicator, not to be confused with relative strength which is compared to other stocks and indices. The RSI value will always move between 0 and 100. One of the most popular time frames using RSI is the 14-day. 

Presently, Ameren Corporation (NYSE:AEE) has a 14-day Commodity Channel Index (CCI) of 119.34. The CCI technical indicator can be used to help determine if a stock is overbought or oversold. CCI may also be used to help discover divergences that could possibly signal reversal moves. A CCI closer to +100 may provide an overbought signal, and a CCI near -100 may offer an oversold signal.

Moving averages have the ability to be used as a powerful indicator for technical stock analysis. Following multiple time frames using moving averages can help investors figure out where the stock has been and help determine where it may be possibly going. The simple moving average is a mathematical calculation that takes the average price (mean) for a given amount of time. Currently, the 7-day moving average is sitting at 76.96.

Let’s take a further look at the Average Directional Index or ADX. The ADX measures the strength or weakness of a particular trend. Investors and traders may be looking to figure out if a stock is trending before employing a specific trading strategy. The ADX is typically used along with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) which point to the direction of the trend. The 14-day ADX for Ameren Corporation (NYSE:AEE) is currently at 12.68. In general, and ADX value from 0-25 would represent an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would signify a very strong trend, and a value of 75-100 would point to an extremely strong trend.

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