AFGB Forecast and Technical Stock Analysis
Sell candidate since 2019-11-07 Loss -0.37% PDF
American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global fell by -0.63% in the last day ( Thursday, 21st Nov 2019 ) from $26.93 to $26.76 During the day the stock fluctuated 0.86% from a day low at $26.70 to a day high of $26.93. The price has been going up and down for this period, and there has been a -0.37% loss for the last 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -5 028 shares and in total 12 244 shares bought and sold for approximately $327 649.00.
- 30 day high of the AFGB stock price was $27.43 and low was $26.70.
- 90 day high was $27.65 and low was $26.24.
- 52 week high for American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global - $27.65 and low - $24.93.
American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global with a 90% probability to be traded between $25.92 and $27.10 at the end of this period with 90% probability. 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 roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
A buy signal was issued from a pivot bottom point on Tuesday November 12, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global holds sales signals from both short- and long-term moving averages. In addition, there is a general sales 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 $26.84 and $27.00. 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 35 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global finds support from accumulated volume at $26.71.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
0.52 %Average volatility
Very Low Low Medium High Very High
American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!