AMERICAN INTERNATIONAL GROUP (AIG) Stock Technical Analysis
USA - NYSE:AIG - US0268747849 - Common Stock
Overall AIG gets a technical rating of 1 out of 10. AIG 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.
Although the technical rating is bad, AIG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
69.30
3 important support areas can be observed.
- Support @76.60 from a horizontal line in the daily time frame.
- Support @74.34 from a horizontal line in the daily time frame.
- A support zone ranging from 70.00 to 70.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 77.00 to 79.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @80.84 from a horizontal line in the daily time frame.
- Resistance @83.38 from a horizontal line in the daily time frame.
- Resistance @85.82 from a horizontal line in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The long term trend for AIG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AIG is down. |
| ChartMill Relative Strength | 43.48 | NEUTRAL | AIG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AIG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AIG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AIG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.34 | NEUTRAL | The RSI value for AIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests AIG has a negative trend. |
| Stochastics (14,3) | 5.3 | OVERSOLD | The low Stochastics value suggests AIG may be oversold. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for AIG suggests some volalility. |
| Average Directional Index/ADX (14) | 13.2 | NEGATIVE | The low ADX value for AIG suggests a weak or negative trend. |
76.93
+0.65 (+0.85%)
AMERICAN INTERNATIONAL GROUP / AIG FAQ
What is the technical rating for AIG stock?
ChartMill assigns a technical rating of 1 / 10 to AIG.
What is the trend direction for AIG stock?
The current trend direction for AMERICAN INTERNATIONAL GROUP (AIG) is Bearish.
Can you provide the RSI signal for AMERICAN INTERNATIONAL GROUP?
AMERICAN INTERNATIONAL GROUP (AIG) has an RSI value of 42.342. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AMERICAN INTERNATIONAL GROUP?
The short term momentum for AMERICAN INTERNATIONAL GROUP (AIG) is negative.
What is the support and resistance level for AIG stock?
AMERICAN INTERNATIONAL GROUP (AIG) has a support level at 76.6 and a resistance level at 77. Check the full technical report for our detailed analysis of AIG support and resistance levels.