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Downtrend Broken Resist.Archive - 5/2/2025 - Sign In to see current Signals. |
American Int'l. Group (AIG) 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 American Int'l. Group (AIG). During the week, the AIG gained 2.44 points, or 3.00%, and closed at 83.66 on Friday, May 2, 2025. Weekly volume was 13% above average. AIG 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 AIG long-term trend chart] A long-term uptrend had started on March 18, 2020 at 16.07 and reached 88.07 on April 2, 2025. AIG gained -72.00 points, or -448.04%, in 263 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 70.86 and resistance is at 87.14. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.
Medium-term trend: [See AIG medium-term trend chart] A medium-term uptrend had started on August 5, 2024 at 69.00 and reached 88.07 on April 2, 2025. AIG gained -19.07 points, or -27.64%, in 34 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 69.41 and resistance is at 89.64. 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 Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge 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 February 14, 2025. 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 uptrend had started on January 10, 2025 at 69.24 and reached 88.07 on April 2, 2025. AIG gained -18.83 points, or -27.20%, in 82 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 78.23 and resistance is at 93.27. 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 short-term trend.
Daily Technical Indicators: [See AIG 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 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 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish 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.
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