|
|
|
|
S&P 500 Overbought StocksArchive
- 1/3/2025 -
Sign In to see current Signals. |
AFLAC Corporation (AFL) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the AFLAC Corporation (AFL). During the week, the AFL gave back -0.20 points, or -0.19%, and closed at 103.20 on Friday, January 3, 2025. Weekly volume was -26% 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 Rising Channel chart pattern. The uptrend resistance line (80.34) is broken. Usually a broken resistance is considered to be a long-term bullish 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 resistance line 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 100.30 on December 18, 2024. AFL lost 15.20 points, or 13.16%, in 10 weeks. The price is now at the 19.08% retracement level.
 Weekly Technical Indicators: [See AFL weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. 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 Williams' Percentage Range help.
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 near its high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 November 27, 2024 at 115.40 and reached 100.30 on December 18, 2024. AFL lost 15.10 points, or 13.08%, in 21 days. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (102.44) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a short-term trend.
 Daily Technical Indicators: [See AFL daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since December 26, 2024. The distance between MACD and the signal line is low, but getting bigger.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Financials |
10 |
| Industry |
Life & Health Insurance |
73 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
100.30 |
| Low Date |
12/18/2024 |
| High |
104.50 |
| High Date |
12/27/2024 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Symmetric Triangle |
| Status |
Broken Resistance |
| Resistance |
102.32 |
| Support |
102.44 |
| High |
115.40 |
| High Date |
11/27/2024 |
| Low |
100.30 |
| Low Date |
12/18/2024 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
115.50 |
| High Date |
10/04/2024 |
| Low |
100.30 |
| Low Date |
12/18/2024 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
52.07 |
| Low Date |
06/16/2022 |
| High |
115.50 |
| High Date |
10/04/2024 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Broken Resistance |
| Resistance |
97.42 |
| Support |
80.34 |
| Low |
23.07 |
| Low Date |
03/18/2020 |
| High |
115.50 |
| High Date |
10/04/2024 |
|
|