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

Auto-detected technical analysis for AEP · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$128.35last close · Aug 4, 202652-week range $105.70 – $140.58 · 8.7% below the high

AEP Triangle Pattern

AEP is currently forming a triangle on the daily timeframe. Detected Aug 4, 2026.

A triangle is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $123.94 (−8.3%). Across 13,619 backtested triangles, the setup followed through 52.4% of the time, averaging +0.36R; AEP's own triangles have hit 60.0%.

DirectionBearishTarget$123.94Projected move−8.3%Breakout level$134.35

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

AEP's Most Recent Triangle Trade

AEP's most recent completed triangle resolved as a win: it broke down on May 6, 2026 near $133.78, then reached its target at $123.94 on Jun 1, 2026 — a +1.74R move (7.4%) over 17 sessions. Across 162 backtested triangles, this setup wins 54.3% of the time.

OutcomeWinResult+1.74REntry$133.78Exit$123.94

Learn about triangle

How Triangles Have Performed

Win rate
52.4%
Avg return
+0.36R
Backtested trades
13,619
AEP win rate
60.0%

Historical pattern statistics (2006-08-04 – 2026-08-04), 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
TriangleMay 6, 2026 @ $133.78Jun 1, 2026 @ $123.94Win+1.74R
Rising WedgeDec 1, 2025 @ $121.68Jan 5, 2026 @ $113.02Win+3.90R
TriangleMar 25, 2025 @ $103.00Mar 28, 2025 @ $106.96Loss-1.10R
Rising WedgeMar 3, 2025 @ $105.81Mar 31, 2025 @ $109.27Loss-1.70R
TriangleOct 4, 2024 @ $100.47Nov 12, 2024 @ $93.54Win+2.83R
Falling WedgeFeb 13, 2024 @ $79.34Mar 8, 2024 @ $83.84Win+1.09R
Rising WedgeJan 11, 2024 @ $81.39Feb 8, 2024 @ $75.30Win+1.92R
Falling WedgeSep 5, 2023 @ $76.60Sep 14, 2023 @ $80.60Loss-1.03R
Rising WedgeJul 27, 2023 @ $86.12Aug 4, 2023 @ $81.12Win+1.83R
TriangleApr 3, 2023 @ $91.29May 24, 2023 @ $85.17Loss-1.01R
Falling WedgeMar 13, 2023 @ $89.20Mar 22, 2023 @ $86.85Loss-1.07R
Falling WedgeMar 1, 2023 @ $87.54Apr 5, 2023 @ $94.54Loss-1.35R

AEP Support and Resistance Levels

Price is bouncing off a floor near $127.46 and starting to climb. On the weekly chart, the next ceiling overhead sits near $146.03 — about 14% away.

  • Traders commonly watch $146.03 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 yet — the spot to watch is right at the $127.46 floor, where price is testing it now, not out here in the climb. Chasing once price pulls away tends to be worse odds.

Nearest auto-detected support sits near $127.66, resistance near $134.84. These are chart/swing-derived levels, not formula pivots.

Resistance
$134.84$136.92$137.55$140.58$140.84$145.66$149.05
Support
$127.66$125.08$123.46$115.71$105.53$98.33

AEP Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$128.04$128.83$126.27$128.35
Aug 3, 2026$128.10$128.88$126.37$128.32
Jul 31, 2026$128.00$129.14$126.83$127.85
Jul 30, 2026$128.72$130.49$127.32$127.78
Jul 29, 2026$133.80$134.13$129.03$129.40
Jul 28, 2026$134.09$135.99$132.98$133.02
Jul 27, 2026$135.18$135.77$133.28$133.59
Jul 24, 2026$135.43$136.57$135.12$135.54
Jul 23, 2026$132.34$135.16$132.34$134.92
Jul 22, 2026$131.70$133.28$131.15$133.07

AEP Frequently Asked Questions

What chart pattern is AEP forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a triangle on American Electric Power (AEP) on the daily chart, with a measured-move target of $123.94.
Is a triangle bullish or bearish?
The triangle detected on AEP is a bearish pattern, projecting a measured-move target of $123.94. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a triangle pattern, and what is its win rate?
Across TradingPal's backtest of the triangle family (13,619 trades over 631 symbols), it resolved in the expected direction 52.4% of the time with an average of +0.36R. These are historical statistics, not a prediction.
What are the support and resistance levels for AEP?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), AEP's nearest support is around $127.66 and nearest resistance around $134.84.
What is the price target if AEP's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $123.94 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was AEP's closing price on Aug 4, 2026?
American Electric Power (AEP) last closed at $128.35 on Aug 4, 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.