AMERICAN FINANCIAL GROUP INC (AFG) Technical Analysis
NYSE:AFG • US0259321042
Overall AFG gets a technical rating of 0 out of 10. AFG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 70% of all other stocks performed better in the past year than AFG.
- In the last month AFG has a been trading in the 126.75 - 135.41 range, which is quite wide. It is currently trading near the lows of this range.
- AFG is part of the Insurance industry. There are 149 other stocks in this industry, AFG did better than 61% of them.
- AFG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AFG is lagging the market slightly.
AFG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 128.38, a Stop Loss order could be placed below this zone.
More info and screens
118.45
2 important support areas can be observed.
- A support zone ranging from 125.42 to 128.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 129.81 to 134.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @138.27 from a horizontal line in the daily time frame.
- Resistance @146.86 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for AFG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AFG is neutral. |
| ChartMill Relative Strength | 30.85 | 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 | MIXED | The current price of AFG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.65 | NEUTRAL | The RSI value for AFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests AFG has a negative trend. |
| Stochastics (14,3) | 38.3 | NEUTRAL | The Stochastics value for AFG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for AFG suggests some volalility. |
| Average Directional Index/ADX (14) | 10.68 | NEGATIVE | The low ADX value for AFG suggests a weak or negative trend. |
AFG Technicals: Chart, Performance Metrics, Trend & Indicators
129.25
-1.49 (-1.14%)
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 43.6549. 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 -0.0354438, 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 128.38 and a resistance level at 129.81. Check the full technical report for our detailed analysis of AFG support and resistance levels.