The Greedy Trader Weekly Analysis
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- 5/2/2025 -
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AFLAC Corporation (AFL) Technical Analysis

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Summary:
Weekly :Overbought sector
Daily :Broken trend support lineDaily  MACD line has moved below its signal line20 Day Moving Average has crossed below the 50 Day Moving AverageThe price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the AFLAC Corporation (AFL). During the week, the AFL dropped -2.37 points, or -2.20%, and closed at 105.53 on Friday, May 2, 2025. Weekly volume was 10% above 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 88.95 and resistance is at 126.69. 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 October 4, 2024 at 115.50 and reached 97.20 on April 9, 2025. AFL lost 18.30 points, or 15.84%, in 26 weeks. The price is now at the 45.52% retracement level.

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. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See AFL short-term trend chart]
A short-term uptrend had started on April 9, 2025 at 97.20 and reached 110.31 on April 23, 2025. AFL gained -13.11 points, or -13.49%, in 14 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (111.55) is broken. A broken support is considered to be a long-term bearish signal. 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 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 below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has declined below 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.62
Williams' Percentage Range (W%R) 45.40
Lane's Stochastic (%D-Slow) 52.80
Greed/Fear Indicator (GFI) 51.34
Moving Average Converg./Diverg. (MACD) 0.02
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.90
Williams' Percentage Range (W%R) 56.10
Lane's Stochastic (%D-Slow) 61.08
Greed/Fear Indicator (GFI) 51.31
Moving Average Converg./Diverg. (MACD) 1.42
Trading Signals
Description Value Chart
Upper Bollinger Band 112.80
Weekly Trendline Support 111.55
Weekly Trendline Resistance 110.86
50 Day Moving Average 107.41
Daily Stochastic Crossing 106.54
20 Day Moving Average 106.17
Weekly Stochastic Crossing 105.94
Price 105.53
Parabolic System 103.29
Lower Bollinger Band 101.51
Yearly Trendline Support 88.95
Sector and Industry
Description Name Rank
Sector Financials 9
Industry Life & Health Insurance 66
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 110.31
High Date 04/23/2025
Low 103.10
Low Date 05/01/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 110.86
Support 111.55
Low 97.20
Low Date 04/09/2025
High 110.31
High Date 04/23/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 113.50
High Date 04/03/2025
Low 97.20
Low Date 04/09/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 115.50
High Date 10/04/2024
Low 97.20
Low Date 04/09/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 126.69
Support 88.95
Low 23.07
Low Date 03/18/2020
High 115.50
High Date 10/04/2024
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.