American Int'l. Group
Move cursor over the icon to see details.
|It was a first positive week for the American Int'l. Group (AIG). During the week, the AIG climbed 0.36 points, or 0.68%, and closed at 53.60 on Friday, October 05, 2018. Weekly volume was -38% below average. |
Long-term trend: [See AIG long-term trend chart]
A long-term downtrend had started on January 10, 2017 at 67.47 and reached 49.57 on May 3, 2018. AIG lost 17.90 points, or 26.53%, in 68 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Medium-term trend: [See AIG medium-term trend chart]
A medium-term uptrend had started on August 10, 2018 at 51.24 and reached 54.97 on September 25, 2018. AIG gained -3.73 points, or -7.28%, in 6 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 52.03 and resistance is at 55.27. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
Weekly Technical Indicators: [See AIG weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since June 8, 2018. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See AIG short-term trend chart]
A short-term downtrend had started on September 25, 2018 at 54.97 and reached 52.53 on September 28, 2018. AIG lost 2.44 points, or 4.44%, in 3 days. The price is now at the 43.85% retracement level.
Daily Technical Indicators: [See AIG daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since September 27, 2018. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.