American Electric Power(AEP)

American Electric Power (AEP) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for AEP · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$133.07last close · Jul 22, 202652-week range $105.70 – $140.58 · 5.34% below the high

AEP Falling Wedge Pattern

AEP is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $137.07 (+8.0%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; AEP's own falling wedges have hit 55.2%.

DirectionBullishTarget$137.07Projected move+8.0%Breakout level$127.11

New to this pattern? What a falling wedge is and how to trade it →

AEP's Most Recent Falling Wedge Trade

AEP's most recent completed falling wedge resolved as a win: it broke higher on Jun 5, 2026 near $128.61, then reached its target at $135.90 on Jul 8, 2026 — a 5.7% move (+1.50R) over 21 sessions. Across 113 backtested falling wedges, this setup wins 48.7% of the time.

OutcomeWinResult+5.7%R+1.50REntry$128.61Exit$135.90

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.4%
Avg return
+0.52R
Backtested trades
10,683
AEP win rate
55.2%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

AEP Pattern Trade History

Every completed pattern trade our nightly backtest found on AEP's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeJun 5, 2026 @ $128.61Jul 8, 2026 @ $135.90Win+8.0% · +1.50R
TriangleMay 6, 2026 @ $133.78Jun 1, 2026 @ $123.94Win+8.3% · +1.74R
Rising WedgeDec 1, 2025 @ $121.68Jan 5, 2026 @ $113.02Win+8.4% · +3.90R
Rising WedgeMar 4, 2025 @ $106.29Mar 31, 2025 @ $109.27Loss+8.3% · -1.92R
Rising WedgeJan 11, 2024 @ $81.39Feb 8, 2024 @ $75.30Win+9.8% · +1.92R
Falling WedgeSep 5, 2023 @ $76.60Sep 14, 2023 @ $80.60Loss+8.0% · -1.03R
Rising WedgeJul 27, 2023 @ $86.12Aug 4, 2023 @ $81.12Win+6.7% · +1.83R
TriangleApr 3, 2023 @ $91.29May 24, 2023 @ $85.17Loss+8.6% · -1.01R
Falling WedgeMar 13, 2023 @ $89.20Mar 22, 2023 @ $86.85Loss+6.3% · -1.07R
Falling WedgeJan 18, 2023 @ $92.91Mar 1, 2023 @ $87.32Win+6.4% · +1.03R
Rising WedgeNov 22, 2022 @ $93.73Dec 5, 2022 @ $94.52Win+5.0% · +0.11R
Rising WedgeJun 8, 2022 @ $100.83Jun 13, 2022 @ $96.57Win+4.9% · +2.49R

Recent Falling Wedges on Other Charts

ALNYhit target +18.8%Jul 22, 2026BAstopped −7.9%Jul 21, 2026BDXhit target +2.8%Jul 21, 2026HIIhit target +13.1%Jul 21, 2026

Learn about falling wedge

AEP Support and Resistance Levels

Price is bouncing off a floor near $128.54 and starting to climb. On the weekly chart, the next ceiling overhead sits near $144.83 — about 9% away.

  • Traders commonly watch $144.83 as a target (its 200% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $128.54 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

AEP Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$131.70$133.28$131.15$133.07
Jul 21, 2026$130.50$131.18$129.51$130.48
Jul 20, 2026$132.65$133.60$130.56$131.05
Jul 17, 2026$135.39$135.67$131.78$132.14
Jul 16, 2026$132.10$134.06$131.73$133.13
Jul 15, 2026$134.46$135.00$132.37$132.50
Jul 14, 2026$135.74$136.60$134.54$134.94
Jul 13, 2026$135.57$136.52$135.09$135.63
Jul 10, 2026$133.84$135.55$133.84$135.43
Jul 9, 2026$135.90$136.52$133.52$133.85

AEP Frequently Asked Questions

What chart pattern is AEP forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on American Electric Power (AEP) on the daily chart, with a measured-move target of $137.07.
Is a falling wedge bullish or bearish?
The falling wedge detected on AEP is a bullish pattern, projecting a measured-move target of $137.07. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.
What is the price target if AEP's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $137.07 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was AEP's closing price on Jul 22, 2026?
American Electric Power (AEP) last closed at $133.07 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.