AMERICAN FINANCIAL GROUP INC (AFG) Stock Technical Analysis
NYSE:AFG - New York Stock Exchange, Inc. - US0259321042 - Common Stock - Currency: USD
Overall AFG gets a technical rating of 1 out of 10. AFG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
AFG is currently trading in the lower part 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.
In the last month AFG has a been trading in the 120.52 - 130.66 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the performance of all stocks over the past year, AFG turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
AFG is an average performer in the Insurance industry, it outperforms 42% of 143 stocks in the same industry.
AFG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 119.82, a Stop Loss order could be placed below this zone.
More info and screens
115.73
138.40
We found 1 important support area.
- A support zone ranging from 116.90 to 119.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 122.20 to 132.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @137.03 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The short term trend for AFG is down. |
| ChartMill Relative Strength | 44.43 | 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) | DOWN | NEGATIVE | The current price of AFG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.14 | NEUTRAL | The RSI value for AFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests AFG has a negative trend. |
| Stochastics (14,3) | 11.37 | OVERSOLD | The low Stochastics value suggests AFG may be oversold. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for AFG suggests some volalility. |
| Average Directional Index/ADX (14) | 17.81 | NEGATIVE | The low ADX value for AFG suggests a weak or negative trend. |
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)
121.54
+0.14 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.12%
1 Week-4.01%
2 Weeks-0.23%
1 Month-3.91%
3 Month1.44%
6 Month-17.02%
12 Month-5.8%
2 Year8.26%
3 Year-13.98%
5 Year101.76%
10 Year91.4%
15 Year335.63%
Volatility
ATR(14)2.6
ATR(20)%2.19%
ATR Inc-24.14%
Range Today1.4
ADR(20)2.4
ADR(20)%1.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.43
Mansfield-0.86
10 Day High127.43
10 Day Low120.52
20 Day High130.66
20 Day Low120.52
52 Week High150.19
52 Week Low114.73
CS1 End119.82
CR1 Start122.2
Volume & EV
DER(3)-1.6%
DER(5)-1.09%
Volume411.40K
Volume Incr-12.75%
Vol(5)364.10K
Vol(50)546.11K