AMERICAN INTERNATIONAL GROUP (AIG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AIG - US0268747849 - Common Stock
Taking everything into account, AIG scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AIG is showing a nice and steady performance.
Besides having an excellent technical rating, AIG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 87.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 86.01, a Stop Loss order could be placed below this zone.
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74.26
When analyzing the support we can see 3 important areas.
- A support zone ranging from 85.82 to 86.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 80.84 to 81.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 75.01 to 77.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 87.34 to 87.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for AIG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AIG is up. |
| ChartMill Relative Strength | 77.84 | POSITIVE | AIG has a high relative strength, it outperformed 77.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AIG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AIG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AIG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.9 | OVERBOUGHT | The high RSI value suggests AIG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests AIG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.32 | OVERBOUGHT | The high Stochastics value suggests AIG may be overbought. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for AIG suggests some volalility. |
| Average Directional Index/ADX (14) | 37.82 | POSITIVE | The high ADX value value for AIG suggests a strong trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 87.73 | 85.81 | 1.92 (2.19%) | 25.00% |
| An entry @87.73. This is a Buy Stop order right above the resistance zone. | An exit @85.81. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.92 points, which is 2.19%. | For a 0.55% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AIG. Please evaluate whether better entry and exit points can be found.
- 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.
86.48
-0.04 (-0.05%)
AMERICAN INTERNATIONAL GROUP / AIG FAQ
What is the technical rating for AIG stock?
ChartMill assigns a technical rating of 9 / 10 to AIG.
What is the trend direction for AIG stock?
The current trend direction for AMERICAN INTERNATIONAL GROUP (AIG) is Bullish.
Can you provide the RSI signal for AMERICAN INTERNATIONAL GROUP?
AMERICAN INTERNATIONAL GROUP (AIG) has an RSI value of 71.8958. This indicates that the stock is currently overbought.
Can you provide the short term momentum for AMERICAN INTERNATIONAL GROUP?
The short term momentum for AMERICAN INTERNATIONAL GROUP (AIG) is positive.
What is the support and resistance level for AIG stock?
AMERICAN INTERNATIONAL GROUP (AIG) has a support level at 86.01 and a resistance level at 87.34. Check the full technical report for our detailed analysis of AIG support and resistance levels.