American International Group, Inc. Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
American International Group, Inc. stock price ended at 69.43€ on Friday, after losing 0.173%.
(Updated on Jun 28, 2024)
The American International Group, Inc. stock price fell by -0.173% on the last day (Friday, 28th Jun 2024) from 69.55€ to 69.43€. During the last trading day the stock fluctuated 0% from a day low at 69.43€ to a day high of 69.43€. The price has been going up and down for this period, and there has been a 0.95% gain for the last 2 weeks.
The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect American International Group, Inc. stock with a 90% probability to be traded between 65.82€ and 73.17€ at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
AINN.DE Signals & Forecast
There are mixed signals in the stock today. The American International Group, Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at 69.79€ and 71.17€. A break-up above any of these levels will issue buy signals. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Monday, June 17, 2024, and so far it has risen 1.39%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for American International Group, Inc. stock
American International Group, Inc. finds support from accumulated volume at 68.52€ 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 controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the stock. During the last day, the stock moved 0€ between high and low, or 0%. For the last week the stock has had daily average volatility of 0.524%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AINN.DE) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect American International Group, Inc. to open at 69.43€, and during the day (based on 14 day Average True Range), to move between 68.75€ and 70.11€, which gives a possible trading interval of +/-0.677€ (+/-0.97%) up or down from last closing price. If American International Group, Inc. takes out the full calculated possible swing range there will be an estimated 1.95% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 69.55€ (0.17%) than the support at 68.52€ (1.31%), 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 International Group, Inc. stock A Buy?
American International Group, Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -3.688 Sell Candidate Unchanged
Predicted Opening Price for American International Group, Inc. of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 69.43€ ( 0%) | 69.43€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AINN.DE
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 69.43 | - |
| R2 | 69.43 | - |
| R1 | 69.43 | - |
| Price | 69.43 | |
| S1 | 69.43 | - |
| S2 | 69.43 | - |
| S3 | 69.43 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 74.00 | 6.58% |
| R2 | 70.00 | 0.82% |
| R1 | 69.55 | 0.173% |
| Price | 69.43 | |
| S1 | 68.52 | -1.31% |
| S2 | 68.50 | -1.34% |
| S3 | 68.43 | -1.44% |
AINN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 14, 2024 | Jun 14, 2024 | Jun 28, 2024 | 0.373€ | 0.537% |
| 2 | Mar 13, 2024 | Mar 13, 2024 | Mar 28, 2024 | 0.360€ | 0.496% |
| 3 | Dec 13, 2023 | Dec 13, 2023 | Dec 28, 2023 | 0.360€ | 0.588% |
| 4 | Sep 14, 2023 | Sep 14, 2023 | Sep 29, 2023 | 0.360€ | 0.624% |
| 5 | Jun 15, 2023 | Jun 15, 2023 | Jun 15, 2023 | 0.360€ | 0.700% |
FAQ
Click here for our free guide on how to buy American International Group, Inc. Stock.
