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Archive - 6/6/2025 - Sign In to see current Signals. |
AFLAC Corporation (AFL) Technical Analysis
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| Summary:
| | Weekly : | | Daily :  Move cursor over the icon to see details.
| | It was a second consecutive positive week for the AFLAC Corporation (AFL). During the week, the AFL climbed 0.14 points, or 0.14%, and closed at 103.68 on Friday, June 6, 2025. Weekly volume was -11% below average. AFL is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See AFL long-term trend chart] A long-term uptrend had started on March 18, 2020 at 23.07 and reached 115.50 on October 4, 2024. AFL gained -92.43 points, or -400.65%, in 237 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 90.17 and resistance is at 128.57. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See AFL medium-term trend chart] A medium-term downtrend had started on April 3, 2025 at 113.50 and reached 97.20 on April 9, 2025. AFL lost 16.30 points, or 14.36%, in 0 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 102.97 and resistance is at 103.86. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a medium-term trend.
Weekly Technical Indicators: [See AFL weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since November 1, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See AFL short-term trend chart] A short-term downtrend had started on April 23, 2025 at 110.31 and reached 101.66 on June 5, 2025. AFL lost 8.65 points, or 7.84%, in 43 days. The chart has formed a Falling Wedge chart pattern. The trend support level is at 101.39 and resistance is at 103.93. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a short-term trend.
Daily Technical Indicators: [See AFL daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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.
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