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AES Corporation: cautious start, wide room ahead

AES Corporation has opened a buy signal confirmed by the following week. Setup quality indicator at 55 out of 100, strength at mid-range. The stock trades below its 200-week average, but structural upside room is wide.

In Summary
AES Corporation is in its 1st week of a confirmed buy signal: the following week closed higher, an early sign of stability. The setup quality indicator stands at 55 out of 100 in an ordinary phase, signal strength at mid-range. The stock has wide structural room ahead, but still trades below its 200-week average.
Open BUY ·1st week from start ·US stocks ·T1
IQS Phase
55
ordinary
Signal Strength
55
medium
Sizing
STANDARD
Ranking
#103 / 170
US stocks in progress
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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