AFGB Forecast and Technical Stock Analysis
Hold candidate since 2019-09-17 PDF
American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global gained 0.11% in the last trading day ( Tuesday, 17th Sep 2019 ), rising from $26.36 to $26.39 During the day the stock fluctuated 0.46% from a day low at $26.31 to a day high of $26.43. The price has fallen in 6 of the last 10 days and is down by -3.51% for this period. Volume fell in the last day by -27 816 shares and in total, 37 443 shares bought and sold for approximately $988 121.00. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the AFGB stock price was $27.65 and low was $26.24.
- 90 day high was $27.65 and low was $26.07.
- 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 lies in the lower part of a weak rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $26.38 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 3.88% during the next 3 months and, with 90% probability hold a price between $27.40 and $28.83 at the end of this period.
A buy signal was issued from a pivot bottom point on Monday September 16, 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 $26.93 and $27.04. A break-up above any of these levels will issue buy signals. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
* 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 80 ]
The stock currently holds a RSI14 at 22 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.
* 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 $26.36.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
American Financial Group Inc. 5.875 % Debentures 2019-30.03.59 Global is oversold on RSI14 (22). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: $24.76 (-6.16%) (This stock has low daily movements and this gives low risk. Low RSI14 is 22 which reduces the risk some. There is a buy signal from pivot bottom found 1 days ago.)
1.04 %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 this should give a sell recommendation, but due to the general chance for a turnaround situation we recommend to hold or accumulate whilst awaiting for further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.
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!