pool adsAmerican Financial Group $AFG Technical Update
The American Financial Group (NYSE: AFG) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for AFG, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Strong | Neutral | Neutral |
| P1 | 98.32 | 93.64 | 80.62 |
| P2 | 99.52 | 97.61 | 91.27 |
| P3 | 100.89 | 101.37 | 101.27 |
Support and Resistance Plot Chart for AFG
Long Term Trading Plans for AFG
April 22, 2019, 3:00 am ET
The Technical Summary and Trading Plans for AFG help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this AFG Report.
AFG - (Long) Support Plan
The technical summary data tells us to buy AFG near 91.27 with an upside target of 101.27. This data also tells us to set a stop loss @ 91.01 to protect against excessive loss in case the stock begins to move against the trade. 91.27 is the first level of support below 100 , and by rule, any test of support is a buy signal. In this case, support 91.27 is being tested, a buy signal would exist.
AFG - (Short) Resistance Plan
The technical summary data is suggesting a short of AFG as it gets near 101.27 with a downside target of 91.27. We should have a stop loss in place at 101.53 though. 101.27 is the first level of resistance above 100, and by rule, any test of resistance is a short signal. In this case, if resistance 101.27 is being tested, a short signal would exist.
