AMERICAN FINANCIAL GROUP INC (AFG)

US0259321042 - Common Stock

136.52  +0.4 (+0.29%)

After market: 136.52 0 (0%)

Technical Rating and Analysis

8

Taking everything into account, AFG scores 8 out of 10 in our technical rating. Although AFG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
AFG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month AFG has a been trading in the 127.82 - 137.95 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, AFG outperforms 65% of them, which is more or less in line with the market.
AFG is part of the Insurance industry. There are 140 other stocks in this industry, AFG did better than 53% of them.
Weekly and Daily overview Charts
AFG Weekly chart
AFG Daily chart
Setup Rating and Analysis

6

Although AFG has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

117.21

138.41

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 128.73 to 134.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @123.42 from a trend line in the weekly time frame.
  • A support zone ranging from 118.39 to 119.64. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 136.53 to 137.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.91
Mansfield-0.15
10 Day High137.95
10 Day Low131.51
20 Day High137.95
20 Day Low127.82
52 Week High137.95
52 Week Low105.22
Performance
1 Week1.35%
2 Weeks2.61%
1 Month5.63%
3 Month8.1%
6 Month4.08%
12 Month20.49%
2 Year11.06%
3 Year8.5%
5 Year26.58%
10 Year135.83%
15 Year435.37%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.11
RSI(14)63.79
LBB131.1
UBB137
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
137.05131.505.55 (4.05%)24.67%
An entry @137.05. This is a Buy Stop order right above the resistance zone.An exit @131.50. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 5.55 points, which is 4.05%.When investing 24.67% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AFG Daily chart

AMERICAN FINANCIAL GROUP INC

NYSE:AFG (9/17/2024, 4:15:00 PM)

After market: 136.52 0 (0%)

136.52

+0.4 (+0.29%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.29%
1 Week1.35%
2 Weeks2.61%
1 Month5.63%
3 Month8.1%
6 Month4.08%
12 Month20.49%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.27
ATR(20)%1.54%
ATR Inc
Range Today1.96
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High137.95
10 Day Low131.51
20 Day High137.95
20 Day Low127.82
52 Week High137.95
52 Week Low105.22
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume326.73K
Volume Incr15.18%
Vol(5)263.88K
Vol(50)264.73K