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Archive - 12/13/2024 - 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 the negative week for the American Int'l. Group (AIG). During the week, the AIG dropped -2.69 points, or -3.56%, and closed at 72.87 on Friday, December 13, 2024. It was the worst weekly loss since September 6, 2024. Weekly volume was 17% 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 24, 2023 at 45.67 and reached 80.82 on May 10, 2024. AIG gained -35.15 points, or -76.97%, in 59 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level. Medium-term trend: [See AIG medium-term trend chart] A medium-term downtrend had started on May 10, 2024 at 80.82 and reached 69.00 on August 5, 2024. AIG lost 11.82 points, or 14.63%, in 12 weeks. The price is now at the 32.74% retracement level. Weekly Technical Indicators: [See AIG weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since November 15, 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 AIG short-term trend chart] A short-term downtrend had started on October 18, 2024 at 79.71 and reached 72.37 on December 12, 2024. AIG lost 7.34 points, or 9.21%, in 55 days. The price is now at the 6.81% retracement level. Daily Technical Indicators: [See AIG daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range and Lane's Stochastic. 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 links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is below its signal line since December 2, 2024. This is an indication that the short-term trend is down. Candlestick pattern: [See AIG candlestick chart pattern] On Friday the chart has formed a Bullish Doji Candlestick pattern. Use the Technical Stock Screener to see the list of stocks that had a Bullish Doji Candlestick pattern during the last week.
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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 |
11 |
Industry |
Property & Casualty Insurance |
70 |
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Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
High |
79.71 |
High Date |
10/18/2024 |
Low |
72.37 |
Low Date |
12/12/2024 |
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Weekly 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 |
69.00 |
Low Date |
08/05/2024 |
High |
79.71 |
High Date |
10/18/2024 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
80.82 |
High Date |
05/10/2024 |
Low |
69.00 |
Low Date |
08/05/2024 |
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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 |
45.67 |
Low Date |
03/24/2023 |
High |
80.82 |
High Date |
05/10/2024 |
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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 |
16.07 |
Low Date |
03/18/2020 |
High |
80.82 |
High Date |
05/10/2024 |
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