Advance Auto Parts Inc (AAP) : Traders are bullish on Advance Auto Parts Inc (AAP) as it has outperformed the S&P 500 by a wide margin of 0.01% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.37%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.31% in the last 1 week, and is up 3.37% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 3.44% and the 50-Day Moving Average is 7.98%. Advance Auto Parts Inc. is up 8.86% in the last 3-month period. Year-to-Date the stock performance stands at 12.94%.
Advance Auto Parts Inc (NYSE:AAP): On Fridays trading session , Opening price of the stock was $170 with an intraday high of $170.29. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $168.5. However, the stock managed to close at $169.86, a loss of 0.28% for the day. On the previous day, the stock had closed at $170.34. The total traded volume of the day was 1,369,218 shares.
Advance Auto Parts, Inc. is a provider of automotive aftermarket parts. The companys stores and branches offer a selection of brand name, original equipment manufacturer (OEM) and private label automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy duty trucks. The company serves its do-it-for-me (commercial) customers and do-it-yourself (DIY) customers through a variety of channels ranging from traditional brick and mortar store locations to self-serving e-commerce sites. As of January 3, 2015, the Companys operations are comprised of 5,261 stores and 111 distribution branches, which operate in the United States, Canada, Puerto Rico and the United States Virgin Islands primarily under the trade names Advance Auto Parts, Carquest, Autopart International and Worldpac.