American International Group (AIG) Closes Prior Hour Down -0.93%; Heads Up For the 2nd Consecutive Day, in an Uptrend Over Past 90 Days

The Hourly View for AIG

Last Updated January 21, 2021, 23:8 GMT

Currently, American International Group’s price is down $-0.03 (-0.07%) from the hour prior. American International Group has seen its price go down 4 out of the past 5 hours, thus creating some compelling opportunities for bears. Regarding the trend, note that the strongest trend exists on the 50 hour 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 downtrend on the 20 and 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting. 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 yesterday, marking the 2nd consecutive day an increase has occurred. The change in price came along side change in volume that was up 78.81% from previous day, but down 13.1% from the Wednesday 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 another vantage point, consider that American International Group Inc’s price has gone up 6 of the previous 10 trading days.

Overheard Around the Web

Here’s what one trader on StockTwits recently had to say in regards to AIG:

    $AIG 📜 SEC Form 4: C. Alessandrea Quane disposed of $163,539 worth of Common Stock (3,955 units at $41.35), decreasing ownership by 5% to 49,314 units

    🐃Bullish or 🐻Bearish? Read and Vote!
    https://quantisnow.com/insight/299059

    #finance

    Quantisnow

    $AIG 📜 SEC Form 4: Donald Mark Lyons disposed of $28,283 worth of Common Stock (684 units at $41.35), decreasing ownership by 40% to 1,024 units

    🐃Bullish or 🐻Bearish? Read and Vote!
    https://quantisnow.com/insight/299050

    #finance

    Quantisnow

    $AIG 📜 SEC Form 4: T. Kevin Hogan disposed of $416,767 worth of Common Stock (10,079 units at $41.35), decreasing ownership by 5% to 181,207 units

    🐃Bullish or 🐻Bearish? Read and Vote!
    https://quantisnow.com/insight/299051

    #finance

    Quantisnow