AMERICAN FINANCIAL GROUP INC (AFG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AFG - US0259321042 - Common Stock
We assign a technical rating of 0 out of 10 to AFG. AFG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of AFG is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
118.45
When analyzing the support we can see 3 important areas.
- A support zone ranging from 129.87 to 130.57. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @125.91 from a trend line in the weekly time frame.
- A support zone ranging from 119.65 to 119.82. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 136.08 to 136.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 146.86 to 149.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for AFG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AFG is down. |
| ChartMill Relative Strength | 32.12 | NEUTRAL | AFG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AFG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AFG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AFG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.69 | NEUTRAL | The RSI value for AFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests AFG has a negative trend. |
| Stochastics (14,3) | 17.17 | OVERSOLD | The low Stochastics value suggests AFG may be oversold. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for AFG suggests low volalility. |
| Average Directional Index/ADX (14) | 14.6 | NEGATIVE | The low ADX value for AFG suggests a weak or negative trend. |
132.41
-3.23 (-2.38%)
AMERICAN FINANCIAL GROUP INC / AFG FAQ
What is the ChartMill technical rating of AMERICAN FINANCIAL GROUP INC (AFG) stock?
ChartMill assigns a technical rating of 0 / 10 to AFG.
What is the current trend direction of AMERICAN FINANCIAL GROUP INC (AFG) stock?
The current trend direction for AMERICAN FINANCIAL GROUP INC (AFG) is Bearish.
What is the RSI signal for AFG stock?
AMERICAN FINANCIAL GROUP INC (AFG) has an RSI value of 35.6914. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AMERICAN FINANCIAL GROUP INC?
The MACD indicator for AMERICAN FINANCIAL GROUP INC (AFG) has a value of -0.397015, indicating a bearish trend.
What are the support and resistance levels for AMERICAN FINANCIAL GROUP INC (AFG) stock?
AMERICAN FINANCIAL GROUP INC (AFG) has a support level at 130.57 and a resistance level at 136.08. Check the full technical report for our detailed analysis of AFG support and resistance levels.