AMERICAN FINANCIAL GROUP - AFG 5 1/8 12/15/59 (AFGC)

US0259328807

21.27  +0.13 (+0.61%)

Technical Rating and Analysis

0

Taking everything into account, AFGC scores 0 out of 10 in our technical rating. AFGC'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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, AFGC is a bad performer in the overall market: 71% of all stocks are doing better.
AFGC is one of the lesser performing stocks in the Insurance industry. 74% of 141 stocks in the same industry do better.
AFGC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: AFGC has an average volume of 7422 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
AFGC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AFGC is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
AFGC Weekly chart
AFGC Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, AFGC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 21.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.11, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

18.59

23.48

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 20.66 to 21.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @20.15 from a horizontal line in the daily time frame.
  • Support @18.78 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 21.42 to 21.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 22.30 to 22.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 23.08 to 23.25. 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
CRS29.82
Mansfield-0.93
10 Day High21.35
10 Day Low20.6
20 Day High22.4
20 Day Low20.45
52 Week High23.25
52 Week Low18.23
Performance
1 Week1.29%
2 Weeks1.51%
1 Month-4.4%
3 Month-4.02%
6 Month7.42%
12 Month-0.28%
2 Year-9.18%
3 Year-21.11%
5 YearN/A
10 YearN/A
15 YearN/A
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)0.05
RSI(14)48.85
LBB20.62
UBB21.37
AFGC Daily chart

AMERICAN FINANCIAL GROUP - AFG 5 1/8 12/15/59

NYSE:AFGC (5/6/2024, 7:04:00 PM)

21.27

+0.13 (+0.61%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.61%
1 Week1.29%
2 Weeks1.51%
1 Month-4.4%
3 Month-4.02%
6 Month7.42%
12 Month-0.28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.32
ATR(20)%1.8%
ATR Inc
Range Today0.12
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 High21.35
10 Day Low20.6
20 Day High22.4
20 Day Low20.45
52 Week High23.25
52 Week Low18.23
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.50K
Volume Incr-27.27%
Vol(5)4.64K
Vol(50)7.42K