American International Group (AIG) Closes Prior Hour Up 0.19%; in a Downtrend Over Past 30 Days, Breaks Above 100 Day Average, Nears 20 Day Moving Average

American International Group Inc Daily Price Recap

American International Group Inc entered today at $29.8, up 1.36% ($0.4) from the previous day. The change in price came along side change in volume that was down 17.41% from previous day, but up 54.68% from the Tuesday of last week. Here is a daily price chart of American International Group Inc.

AIG

American International Group Inc Technical Analysis

Moving average crossovers are always interesting, so let’s start there: American International Group Inc crossed above its 100 day moving average yesterday. 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 30 day horizon; over that time period, price has been moving down. 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

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

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    justradingUS