American International Group Inc 4 Hour Price Update
Updated July 21, 2020 04:34 PM GMT (12:34 PM EST)
AIG’s price is up $0.86 (2.72%) over the past four hours of trading. For context, American International Group Inc’s peers in the in the Insurance industry are up 2.23% on average in this time, while the broader Financial Services sector is up by an average of 2.45%.
American International Group Inc Daily Price Recap
American International Group Inc is down 2.21% ($0.71) since the previous day, marking the 2nd day in a row a decrease has occurred. The price move occurred on volume that was up 0.72% from the day prior, but down 40.61% from the same day the week before. Let’s take a look at the daily price chart of American International Group Inc.
American International Group Inc Technical Analysis
Notably, American International Group Inc is now close to its 50 day averages, located at 30.88 respectively, and thus may be at a key juncture along those timeframes. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. It should be noted, though, that a trend in the opposite direction, going down, exists on the 30 day timeframe. This may setup an interesting opportunity for traders looking to buy dips in anticipation of the primary trend resuming. For additional context, note that price has gone up 16 out of the past 30 days.
Overheard Around the Web
Here’s what one trader on StockTwits recently had to say in regards to AIG:
Midday: $AIG $VZ $PG are our stock suggestions for selling short. More information about sell price range, charts, expected sell returns and option prices are given in our Midday video (7/17/2020), only on JusTrading YouTube channel, check it out. If you would like our daily suggested stocks report, you can join us on Patreon as Collaborator, Supporter or Winner. Thank You! (Part 2)