American International Group (AIG) Closes Prior Hour Up 0.33%; in an Uptrend Over Past 90 Days

The Hourly View for AIG

Last Updated January 6, 2021, 01:020 GMT

At the moment, American International Group’s price is up $0.27 (0.71%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as American International Group has now gone up 4 of the past 5 hours. Regarding the trend, note that the strongest trend exists on the 100 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 entered today at $37.75, up 1.67% ($0.62) from the day prior. The change in price came along side change in volume that was down 42.45% from previous day, but up 4.74% from the Tuesday of last week. Below is a daily price chart of American International Group Inc.


American International Group Inc Technical Analysis

Coming into today the current price of American International Group Inc is sitting close to its 20 and 50 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. Volatility for American International Group Inc has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. 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 another vantage point, consider that American International Group Inc’s price has gone down 8 of the previous 14 trading days.

Overheard Around the Web

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

    $AIG reported 10 new insider trades to the SEC in the last 2 minutes.

    27,483 shares acquired by Hogan Kevin T. (EVP – Life & Retirement)
    14,314 shares acquired by Fato Luciana (EVP, GC, Comms & Govt Affairs)
    Mouri Naohiro (EVP and Chief Auditor) acquired new securities
    Habayeb Elias F. (Sr. VP, Depty. CFO & CAO) acquired new securities
    Quane Alessandrea C. (EVP and Chief Risk Officer) acquired new securities
    29,200 shares acquired by Zaffino Peter (President and Global COO)
    76,954 shares acquired by Duperreault Brian (CEO)
    1,708 shares acquired by Lyons Mark Donald (EVP and CFO)
    6,395 shares acquired by Repko John P (EVP and Chief Info. Officer)
    20,370 shares acquired by Mcelroy David (EVP & CEO General Insurance)