AMERICAN INTERNATIONAL GROUP (AIG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AIG - US0268747849 - Common Stock
We assign a technical rating of 2 out of 10 to AIG. 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. 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 77.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 77.24, a Stop Loss order could be placed below this zone.
More info and screens
69.30
We found 2 important support areas.
- A support zone ranging from 76.19 to 77.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 77.98 to 79.31. 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.
- A resistance zone ranging from 82.44 to 83.38. This zone is formed by a combination of multiple trend lines 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 AIG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AIG is neutral. |
| ChartMill Relative Strength | 44.14 | NEUTRAL | AIG is not amongst the best or worst performers 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) | 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) | 50.97 | NEUTRAL | The RSI value for AIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests AIG has a positive trend. |
| Stochastics (14,3) | 53.54 | NEUTRAL | The Stochastics value for AIG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for AIG suggests low volalility. |
| Average Directional Index/ADX (14) | 11.05 | NEGATIVE | The low ADX value for AIG suggests a weak or negative trend. |
77.28
+0.21 (+0.27%)
AMERICAN INTERNATIONAL GROUP / AIG FAQ
What is the technical rating for AIG stock?
ChartMill assigns a technical rating of 2 / 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 50.9741. 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 neutral.
What is the support and resistance level for AIG stock?
AMERICAN INTERNATIONAL GROUP (AIG) has a support level at 77.24 and a resistance level at 77.98. Check the full technical report for our detailed analysis of AIG support and resistance levels.