Ameren Corporation | AEE

Daily Technical Analysis of Ameren Corporation

Ameren hasn't moved too much today but is slightly down, it has lost -0.17% since yesterday.

The Utilities company isn't at an immediate support or resistance level that might be predictive. Ameren hasn't shown a lot of strength recently, shareholders don't seem that energized about the Utilities company's future prospects. AEE might find some support at the 70.65 level, buyers might push the price back up from here. But it's not very clear what will happen.

Last analyzed on 2024-03-17

Analyst Ratings for Ameren By Price Target And Rating

Analysts are currently taking a negative view on their future outlook for Ameren. It's not really bad but definitely not good. The current Analysts Sentiment Score is -69.41. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. On 2024-04-15 Barclays lowered their price target by -1.35% to $73.00. Bank of America gave a boost to their price target and moved to $78.00 from $77.00 on 2024-04-11. The Goldman Sachs Group initiated a rating of Sell on 2024-04-10 and provided a price target of $73.00. BMO Capital Markets provided a price target boost of 1.33% to $76.00 from $75.00 on 2024-02-26. JPMorgan Chase & Co. released a downgrade on 2023-12-18 from Overweight to Neutral. Mizuho announced a lowering of their price target to $72.00 from $77.00 on 2023-12-18. On 2023-12-15 there was a downgrade announced by Evercore ISI from Outperform to In-Line. KeyCorp downgraded from Overweight to Sector Weight on 2023-12-15. Morgan Stanley gave a boost to their price target and moved to $82.00 from $80.00 on 2023-11-21. Guggenheim dropped their price target by -11.76% to $75.00 on 2023-10-09.

Company	Ratings Score ? Composite analyst sentiment score	Positive Ratings	Negative Ratings	Boost Price Target	Lower Price Target
AEE	-69.41	0	-133.2	3.9	-9.51

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-04-01)

Company	YOY Growth Score (typical -20 to +20)	Revision Directions (-6 to +6)
AEE	0.00	0.00

Short interest for Ameren

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company	Short Score (typical 1-15) ? We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)	Short Interest	Days to Cover	Rate of Change	Shares Short
AEE	3.82	%2.08785	3.6	63.36	5490000

How Ameren compares to the broader Utilities sector and the more specific Utilities - Regulated industry

Segment	Count	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Demark Buy	Short Interest	Analysts Ratings ? We track several different measures of analyst sentiment including ratings and price targets. To create a composite Analyst Sentiment Score, we weight several factors such as the recent rate of change which can be more predictive than the absolute level. We also weight each analyst's opinion based on their historic accuracy. We built in a time decay function to ensure that the rating reflects the current sentiment levels. Typical range (-80 to +80)
Utilities - Regulated Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	63	0.34	2.08	6.76	9.41	7.48	-4.34	42.90	-6.47	-9.34	-17.99	-14686.90	-3650.88	13.49	5.16	3.28	8.86
Utilities Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	72	0.54	2.32	6.89	11.33	12.64	0.87	43.89	-0.75	-6.47	-15.21	-15413.89	-5122.36	15.28	4.51	3.63	8.59

Social Sentiment for Ameren

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker	Social Sentiment(1-10)
AEE

Companies with the highest correlation to Ameren

Company	Score	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Short Interest Score
CMS \| CMS Energy Corporation	2.08	0.84	2.40	8.40	11.76	13.54	2.53	29	3.08	3.51	1.57	-8032.56	-2966.98	3.41168
WEC \| WEC Energy Group, Inc.	2.07	1.29	2.20	6.95	11.05	3.49	-10.07	49	-11.03	-19.92	-46.46	-1230.14	-268.73	2.663
LNT \| Alliant Energy Corporatio	2.01	0.16	0.71	5.63	7.65	2.42	-5.86	39	-8.78	-12.04	-23.36	-29190.00	-157.21	2.59686
XEL \| Xcel Energy, Inc.	1.76	-0.16	2.12	2.69	-5.75	-8.19	-20.52	52	-24.37	-17.89	-33.63	-48144.92	-1050.00	2.50015
ES \| Eversource Energy	1.66	-0.21	0.48	3.20	12.00	8.32	-20.16	44	-6.90	-12.69	-33.49	-1882.43	-1221.72	2.10498
ED \| Consolidated Edison, Inc.	1.61	0.07	2.44	10.19	12.58	9.04	-1.21	43	-3.14	-5.15	-13.23	-16632.86	-609.83	2.86813
AEP \| American Electric Power C	1.6	0.79	2.64	9.25	14.98	14.88	-0.57	25	2.64	2.82	-2.21	-13368.19	-2936.32	1.50346
D \| Dominion Energy, Inc Comm	1.52	0.06	1.94	6.39	17.56	14.41	-7.70	55	0.92	-1.25	-12.55	-135.03	-4603.46	2.18392

Top 3 correlating companies

See full charts for all peers

Research

Estimates

Ratings

Short Interest

Smart Money

Options

Financials

Social

Misc