American International Group Inc (AIG) Down 2.72%, is Inching Close to 50 Day Average; Pin Bar Pattern Appearing on Chart

American International Group Inc Daily Price Recap

American International Group Inc entered today at $31.78, down 2.72% ($0.89) from yesterday. The change in price came along side change in volume that was down 29.89% from previous day, but up 53.18% from the Thursday of last week. Here is a daily price chart of American International Group Inc.

AIG

American International Group Inc Technical Analysis

The first thing we should note is that the current price of American International Group Inc is sitting close to its 50 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 16 out of the past 30 days. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!

Overheard Around the Web

Over on StockTwits, here’s an example of what they’re saying about AIG:

    Bullish alerts from our new AI tool that analyzes options flow to make 5 day predictions. Bullish means the stock is predicted to move up more than 1% from today's close at least once in the next five days.

    🔥 $PDD – Bullish probability of 91.5%. Had a nice pull back before it started to go up again. Maybe we will see another pull back but the tool expects it to go up.

    🔥 $AIG – Bullish probability of 90.3%. Would be a good setup if we break the $32.9 resistance level.

    🔥 $STX – Bullish probability of 90.1%. Earnings came out and the stock went down a lot. The tool expects it now go high.

    🔥 $PTON – Bullish probability of 87.6%. If there is a slight pull back, this can be a great setup as it's been in a strong uptrend.

    🔥 $CODX – Bullish probability of 88.5%. Price is squeezing and forming a triangle. Expecting it to break one way. The tool expects it to be bullish.

    Please limit your losses in case the alerts don't pan out.

    Tradytics