Technical Indicator Analysis for Advance Auto Parts Inc. (NYSE:AAP)

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Advance Auto Parts Inc. (NYSE:AAP) for the period of 9-Day stands at 40.9% while the stochastic %D for the same period stands at 29.3%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Advance Auto Parts Inc. (NYSE:AAP) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Advance Auto Parts Inc. (NYSE:AAP) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indictor of a certain security, currently Advance Auto Parts Inc. (NYSE:AAP)’s 20-Day Bollinger Band indicates “Hold”.

Previous Day Activity Analysis

On the last trading day, Advance Auto Parts Inc. (NYSE:AAP) opened the session at $92.31 and after going up 3.03% closed at $97.26. The stock gained 4.95 points in the last trade.

Advance Auto Parts Inc. (NYSE:AAP)’s stock fluctuated in the range of $91.46 and $97.95 during the previous active session. Advance Auto Parts Inc. (NYSE:AAP) traded with the volume of 2.29 Million with average volume of 2.17 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 0.93 while ATR (Average True Range) and RSI (Relative Strength Index) are at 3.72 and 49.72 respectively.

Currently the Insider Ownership of the shares of Advance Auto Parts Inc. (NYSE:AAP) is at 0.3% and the shares outstanding are 73.85 Million.

Important Ratio Analysis

Some important ratios to consider here for Advance Auto Parts Inc. (NYSE:AAP) are discussed below:

Dividend yield of Advance Auto Parts Inc. (NYSE:AAP) stands at 0.25% whereas Price to Earnings P/E ratio stands at 19.42 while Forward P/E shows the value of 15.77.

The PEG ratio (Price to Earning to Growth) emits the value of 1.78. The Price to Sale P/S and Price to Book P/B shows the value of 0.76 and 2.3 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 27.93 and 24.1 correspondingly.

The Quick Ratio of Advance Auto Parts Inc. (NYSE:AAP) stands at 0.3 while the Current Ratio depicts the value of 1.5.

Return on Assets ROA of Advance Auto Parts Inc. (NYSE:AAP) is at 4.4% whereas, Return on Equity ROE and Return of Investment ROI of Advance Auto Parts Inc. (NYSE:AAP) stand at 12.4% and 12.8% respectively.

The payout ratio of Advance Auto Parts Inc. (NYSE:AAP) stands at 4.8%.

Stock Performance Analysis

The stock performance of Advance Auto Parts Inc. (NYSE:AAP) on the basis of 5 day trade show the jump of 0.55% whereas, the monthly performance of the stock shows decrease of -9.39%.

The quarterly performance of the stock remained in red zone with the value of -26.11% while six month performance of the shares of Advance Auto Parts Inc. (NYSE:AAP) remained bearish with the count of -36.73%.

The yearly and YTD performance of Advance Auto Parts Inc. (NYSE:AAP) remained down at -36.58% and -42.49% respectively.