ASSURANT INC (AIZ) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AIZ - US04621X1081 - Common Stock
Overall AIZ gets a technical rating of 6 out of 10. In the last year, AIZ was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- AIZ is one of the better performing stocks in the Insurance industry, it outperforms 82% of 146 stocks in the same industry.
- AIZ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AIZ is lagging the market slightly.
- When comparing the performance of all stocks over the past year, AIZ turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
- In the last month AIZ has a been trading in a tight range between 232.96 and 243.75.
AIZ has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 233.84, a Stop Loss order could be placed below this zone.
More info and screens
182.03
7 important support areas can be observed.
- A support zone ranging from 228.26 to 233.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @209.10 from a horizontal line in the weekly time frame.
- A support zone ranging from 205.43 to 205.44. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 196.31 to 197.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @191.76 from a horizontal line in the weekly time frame.
- Support @187.01 from a horizontal line in the weekly time frame.
- Support @183.87 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 237.13 to 242.14. This zone is formed by a combination of multiple trend lines and important moving averages 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 AIZ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AIZ is neutral. |
| ChartMill Relative Strength | 69.64 | NEUTRAL | AIZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AIZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AIZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AIZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.42 | NEUTRAL | The RSI value for AIZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.04 | NEGATIVE | The MACD value suggests AIZ has a negative trend. |
| Stochastics (14,3) | 32.7 | NEUTRAL | The Stochastics value for AIZ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for AIZ suggests low volalility. |
| Average Directional Index/ADX (14) | 28.3 | POSITIVE | The high ADX value value for AIZ 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 |
|---|---|---|---|
| 237.14 | 232.95 | 4.18 (1.76%) | 25.00% |
| An entry @237.13. This is a Buy Stop order right above the 10 day moving average. | An exit @232.95. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.18 points, which is 1.76%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.44%. |
- The distance between exit and entry is rather small compared to the average daily movement of AIZ. 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.
234
-3.45 (-1.45%)
ASSURANT INC / AIZ FAQ
What is the technical rating for AIZ stock?
ChartMill assigns a technical rating of 6 / 10 to AIZ.
What is the trend direction for AIZ stock?
The current trend direction for ASSURANT INC (AIZ) is Bullish.
Can you provide the RSI signal for ASSURANT INC?
ASSURANT INC (AIZ) has an RSI value of 47.4238. This indicates that the stock is currently neutral.
What is the MACD signal for ASSURANT INC (AIZ) stock?
The MACD indicator for ASSURANT INC (AIZ) has a value of -1.03587, indicating a bearish trend.