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Downtrend Broken Resist.Archive - 12/13/2024 - Sign In to see current Signals. |
Assurant Inc. (AIZ) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Assurant Inc. (AIZ). During the week, the AIZ dropped -6.42 points, or -2.86%, and closed at 217.80 on Friday, December 13, 2024. Weekly volume was -25% below average. AIZ 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 AIZ long-term trend chart] A long-term uptrend had started on March 17, 2023 at 104.49 and reached 230.60 on November 25, 2024. AIZ gained -126.11 points, or -120.69%, in 88 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 178.93 and resistance is at 233.21. 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 AIZ medium-term trend chart] A medium-term uptrend had started on July 8, 2024 at 160.12 and reached 230.60 on November 25, 2024. AIZ gained -70.48 points, or -44.02%, in 20 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 205.83 and resistance is at 239.81. 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 medium-term trend. Weekly Technical Indicators: [See AIZ weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 weekly MACD line is above its signal line since August 9, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help. Short-term trend: [See AIZ short-term trend chart] A short-term downtrend had started on November 25, 2024 at 230.60 and reached 215.60 on December 11, 2024. AIZ lost 15.00 points, or 6.50%, in 16 days. The price is now at the 14.67% retracement level. Daily Technical Indicators: [See AIZ daily technical indicators chart] Daily Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Lane's Stochastic. The daily MACD line is below its signal line since December 3, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong. 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.
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