RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AFGB
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American Financial Group Inc. 5.875 % stock upgraded from Hold/Accumulate to Buy Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 18, 2024 Gain 1.18% PDF

The American Financial Group Inc. 5.875 % stock price gained 0.92% on the last trading day (Wednesday, 27th Mar 2024), rising from $24.59 to $24.81. During the last trading day the stock fluctuated 1.72% from a day low at $24.46 to a day high of $24.88. The price has been going up and down for this period, and there has been a -0.36% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 5 thousand more shares were traded than the day before. In total, 13 thousand shares were bought and sold for approximately $334.56 thousand.

The stock lies in the lower part of a narrow and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $24.59 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 3.43% during the next 3 months and, with a 90% probability hold a price between $25.43 and $26.60 at the end of this 3-month period.

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AFGB Signals & Forecast

The American Financial Group Inc. 5.875 % stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $24.77 and $24.53. A breakdown below any of these levels will issue sell signals. American Financial Group Inc. 5.875 % has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, March 22, 2024, and so far it has fallen -0.84%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The stock had a Golden Star Signal on Tuesday, November 28, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Tuesday, November 28, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for American Financial Group Inc. 5.875 % stock

American Financial Group Inc. 5.875 % finds support from accumulated volume at $24.64 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.420 between high and low, or 1.72%. For the last week the stock has had daily average volatility of 1.19%.

Our recommended stop-loss: $23.75 (-4.27%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 3 days ago.)

Trading Expectations (AFGB) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global to open at $24.72, and during the day (based on 14 day Average True Range), to move between $24.51 and $25.11, which gives a possible trading interval of +/-$0.304 (+/-1.23%) up or down from last closing price. If American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global takes out the full calculated possible swing range there will be an estimated 2.45% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $24.90 (0.36%) than the support at $24.64 (0.69%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for American Financial Group Inc. 5.875 % stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 3.906 Buy Candidate Upgraded

Predicted Opening Price for American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$24.72 ( 0.376%) $24.81

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for AFGB

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 25.14 1.32 %
R2 24.98 0.670 %
R1 24.88 0.270 %
Current price: 24.81
Support S1 24.56 -1.02 %
S2 24.46 -1.42 %
S3 24.30 -2.07 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 25.16 1.41 %
R2 24.93 0.495 %
R1 24.90 0.363 %
Current price 24.81
Support S1 24.64 -0.685%
S2 24.40 -1.65%
S3 23.97 -3.39%

AFGB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 14, 2024 Mar 14, 2024 Apr 01, 2024 $0.367 1.49%
2 Dec 14, 2023 Dec 14, 2023 Jan 02, 2024 $0.367 1.55%
3 Sep 14, 2023 Sep 14, 2023 Oct 02, 2023 $0.367 1.60%
4 Aug 07, 2023 Jun 14, 2023 Jun 30, 2023 $0.367 1.48%
5 Jun 13, 2023 Mar 14, 2023 Mar 30, 2023 $0.367 1.69%

FAQ

What is the symbol for American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global Stock and on which exchange is it traded?
The symbol for American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global is AFGB and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for American Financial Group Inc. 5.875 % stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global Stock?
American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global Stock.

What's the current price of American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global Stock?
As of the end of day on the 2024-03-27, the price of an American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global (AFGB) share was $24.81.

What is the 52-week high and low for American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global Stock?
The 52-week high for American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global Stock is $25.99 and the 52-week low is $21.32.

What is the market capitalization of American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global Stock?
As of the 2024-03-27, the market capitalization of American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global is 11.313B.
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