The Greedy Trader Weekly Analysis
Sign In Jan 18, 2019
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 1
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
American Int'l. Group
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend support lineBroken trend support lineStochastic signal line moved above oversold area
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtPrice has crossed above the 50 Day Moving Average
Move cursor over the icon to see details.

It was a third positive week after 4 consecutive negative weeks for the American Int'l. Group (AIG). During the week, the AIG gained 1.48 points, or 3.68%, and closed at 41.66 on Friday, January 11, 2019. Weekly volume was -35% 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 36.16 on December 10, 2018. AIG lost 31.31 points, or 46.41%, in 99 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend support line (49.86) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.

Medium-term trend: [See AIG medium-term trend chart]
A medium-term downtrend had started on August 3, 2017 at 67.30 and reached 36.16 on December 10, 2018. AIG lost 31.14 points, or 46.27%, in 70 weeks. The chart has formed a Falling Channel chart pattern. The downtrend support line (45.95) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.

Weekly Technical Indicators: [See AIG weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

The weekly MACD line is below its signal line since October 12, 2018. This is an indication that the medium-term trend is down. 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 December 10, 2018 at 36.16 and reached 41.94 on January 11, 2019. AIG gained -5.78 points, or -15.98%, in 32 days. Price is near the trend high.

Daily Technical Indicators: [See AIG daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following link to access Williams' Percentage Range help.

The daily MACD line is above its signal line since December 19, 2018. This is an indication that the short-term trend is up.

During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 71.12
Williams' Percentage Range (W%R) 14.80
Overbought
Lane's Stochastic (%D-Slow) 87.91
Overbought
Greed/Fear Indicator (GFI) 81.40
Overbought
Moving Average Converg./Diverg. (MACD) -0.46
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 27.99
Williams' Percentage Range (W%R) 73.50
Lane's Stochastic (%D-Slow) 25.04
Greed/Fear Indicator (GFI) 31.04
Moving Average Converg./Diverg. (MACD) -3.51
Trading Signals
Description Value Chart
Yearly Trendline Support 49.86
Quarterly Trendline Support 45.95
Upper Bollinger Band 42.85
Price 41.66
Daily Stochastic Crossing 41.61
50 Day Moving Average 40.98
Parabolic System 39.18
20 Day Moving Average 39.09
Weekly Stochastic Crossing 38.66
Lower Bollinger Band 37.18
Monthly Trendline Support 33.61
Sector and Industry
Description Name Rank
Sector Financial 3
Industry Prprty/Casualty Insurance 81
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 38.41
Low Date 12/31/2018
High 41.94
High Date 01/11/2019
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 36.16
Low Date 12/10/2018
High 41.94
High Date 01/11/2019
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 30.38
Support 33.61
High 54.97
High Date 09/25/2018
Low 36.16
Low Date 12/10/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Support
Resistance 54.02
Support 45.95
High 67.30
High Date 08/03/2017
Low 36.16
Low Date 12/10/2018
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Support
Resistance 51.96
Support 49.86
High 67.47
High Date 01/10/2017
Low 36.16
Low Date 12/10/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2018 All rights reserved.