American International Group (AIG) Closes Last Hour Up $0.03; in an Uptrend Over Past 90 Days, Heads Up For the 2nd Day In A Row

The Hourly View for AIG

Last Updated January 18, 2021, 02:07 GMT

At the time of this writing, American International Group’s price is down $-0.26 (-0.62%) from the hour prior. The hourly chart shows that American International Group has seen 2 straight up hours. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

American International Group Inc Daily Price Recap

American International Group Inc is up 0.12% ($0.05) since the day prior, marking the 2nd day in a row an upward move has occurred. The change in price came along side change in volume that was up 77.11% from previous day, but down 13.93% from the Sunday of last week. Here is a daily price chart of American International Group Inc.

AIG

American International Group Inc Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For additional context, note that price has gone down 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:

    $AIG

    I'm looking for a push off this ascending Trend Line to continue this uptrend. Topping yesterday's high gives us confirmation of a move to 44, 47 and then 50. It's been a slow mover that I've been watching for a while, so I'd play the 47 Calls out to 2/12.

    If we drop below, I'll be looking for long entry somewhere around 39-39.50.

    TheArchitectBTB