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S&P 500 Oversold StocksArchive
- 5/8/2026 -
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AFLAC Corporation (AFL) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a first positive week for the AFLAC Corporation (AFL). During the week, the AFL climbed 0.22 points, or 0.19%, and closed at 113.10 on Friday, May 8, 2026. Weekly volume was -7% below average.
AFL is a member of Financials Sector. Financials is the second 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 119.32 on February 5, 2026. AFL gained -96.25 points, or -417.21%, in 307 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 106.98 and resistance is at 146.66. 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 uptrend had started on March 24, 2026 at 105.76 and reached 117.06 on April 28, 2026. AFL gained -11.30 points, or -10.68%, in 5 weeks. The price is now at the 35.04% retracement level.
 Weekly Technical Indicators: [See AFL weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since April 17, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 28, 2026 at 117.06 and reached 109.55 on April 30, 2026. AFL lost 7.51 points, or 6.42%, in 2 days. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 112.49 and resistance is at 114.98. 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 short-term trend.
Daily Technical Indicators: [See AFL daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since April 30, 2026. This is an indication that the short-term trend is down.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Financials |
8 |
| Industry |
Life & Health Insurance |
92 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
112.00 |
| Low Date |
05/07/2026 |
| High |
114.13 |
| High Date |
05/08/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Symmetric Triangle |
| Status |
Valid |
| Resistance |
114.98 |
| Support |
112.49 |
| High |
117.06 |
| High Date |
04/28/2026 |
| Low |
109.55 |
| Low Date |
04/30/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
105.76 |
| Low Date |
03/24/2026 |
| High |
117.06 |
| High Date |
04/28/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
96.95 |
| Low Date |
08/01/2025 |
| High |
119.32 |
| High Date |
02/05/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
146.66 |
| Support |
106.98 |
| Low |
23.07 |
| Low Date |
03/18/2020 |
| High |
119.32 |
| High Date |
02/05/2026 |
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