AMERICAN FINANCIAL GROUP INC (AFG) Technical Analysis
NYSE:AFG • US0259321042
Current stock price
AFG Technical Rating and Analysis
Taking everything into account, AFG scores 4 out of 10 in our technical rating. In the past year, AFG was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- In the last month AFG has a been trading in the 123.09 - 134.87 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- 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 41% of all stocks.
- AFG is an average performer in the Insurance industry, it outperforms 63% of 148 stocks in the same industry.
- AFG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AFG is lagging the market.
AFG Weekly and Daily overview Charts
AFG Setup Rating and Analysis
AFG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 130.98, a Stop Loss order could be placed below this zone.
More info and screens
AFG Support and Resistance Analysis
118.45
4 important support areas can be observed.
- A support zone ranging from 129.86 to 130.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @126.18 from a horizontal line in the daily time frame.
- A support zone ranging from 122.42 to 124.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @119.65 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @134.50 from a horizontal line in the daily time frame.
- Resistance @138.27 from a horizontal line in the daily time frame.
- A resistance zone ranging from 146.86 to 148.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
AFG Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for AFG is neutral. |
| ChartMill Relative Strength | 41.68 | NEUTRAL | AFG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AFG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AFG is above the rising 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) | 53.31 | NEUTRAL | The RSI value for AFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests AFG has a positive trend. |
| Stochastics (14,3) | 66 | NEUTRAL | The Stochastics value for AFG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for AFG suggests some volalility. |
| Average Directional Index/ADX (14) | 15.62 | NEGATIVE | The low ADX value for AFG suggests a weak or negative trend. |
AFG Chart- and CandleStick Pattern Analysis
AFG Technicals: Chart, Performance Metrics, Trend & Indicators
131.64
-1.63 (-1.22%)
AMERICAN FINANCIAL GROUP INC / AFG TA FAQ
What is the ChartMill technical rating of AMERICAN FINANCIAL GROUP INC (AFG) stock?
ChartMill assigns a technical rating of 4 / 10 to AFG.
What is the trend direction for AFG stock?
The current trend direction for AMERICAN FINANCIAL GROUP INC (AFG) is Bearish.
What is the RSI signal for AMERICAN FINANCIAL GROUP INC (AFG) stock?
AMERICAN FINANCIAL GROUP INC (AFG) has an RSI value of 53.3065. This indicates that the stock is currently neutral.
What is the support and resistance level for AFG stock?
AMERICAN FINANCIAL GROUP INC (AFG) has a support level at 130.98 and a resistance level at 134.5. Check the full technical report for our detailed analysis of AFG support and resistance levels.