American International Group Came Into Today Down -0.87%

The Hourly View for American International Group

  • Currently, AIG’s price is up $0.3 (0.5%) from the hour prior.
  • This move is a reversal from the hour prior, which saw price move down.
  • Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
  • The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

American International Group’s hourly price chart is shown below.

AIG

The Daily View for American International Group

  • Currently, AIG’s price is down $-0.53 (-0.87%) from the day prior.
  • This is a reversal of the price action on the previous day, in which price moved up.
  • Regarding the trend, note that the strongest trend exists on the 20 day timeframe.
  • Price action traders may also wish to note that we see a pin bar candlestick pattern on American International Group. Given that we see an uptrend on the 20 daily candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
  • The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.
  • Divergence between AIG’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in AIG’s price.

Below is a daily price chart of American International Group.

AIG

Featured American International Group Commentary From Twitter

People tend to forgot what a colossal debacle @Citi was during the 2008 crisis. (They tend to focus on AIG & Countrywide) Perhaps then a senior executive of theirs, Robert Rubin, wasn’t all he was cracked up to be.
(Same might go for the other two in this photo) https://t.co/NjXW66Bb4g

The92ers