When the Price of American Financial Group $AFG Talks, People Listen

September 15, 2023, 04:15 am ET, BY Tyler- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for AFG

• Buy AFG slightly over 104.54 target 113.41 stop loss @ 104.24 Details

The technical summary data tells us to buy AFG near 104.54 with an upside target of 113.41. This data also tells us to set a stop loss @ 104.24 to protect against excessive loss in case the stock begins to move against the trade. 104.54 is the first level of support below 113.36 , and by rule, any test of support is a buy signal. In this case, support 104.54 would be being tested, so a buy signal would exist.

• Short AFG slightly under 113.41, target 104.54, stop loss @ 113.74 Details

The technical summary data is suggesting a short of AFG as it gets near 113.41 with a downside target of 104.54. We should have a stop loss in place at 113.74though. 113.41 is the first level of resistance above 113.36, and by rule, any test of resistance is a short signal. In this case, if resistance 113.41 is being tested, so a short signal would exist.

Swing Trading Plans for AFG

• Buy AFG slightly over 113.41, target 122.19, Stop Loss @ 113.08 Details

If 113.41 begins to break higher, the technical summary data tells us to buy AFG just slightly over 113.41, with an upside target of 122.19. The data also tells us to set a stop loss @ 113.08 in case the stock turns against the trade. 113.41 is the first level of resistance above 113.36, and by rule, any break above resistance is a buy signal. In this case, 113.41, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short AFG slightly near 113.41, target 109.44, Stop Loss @ 113.74. Details

The technical summary data is suggesting a short of AFG if it tests 113.41 with a downside target of 109.44. We should have a stop loss in place at 113.74 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 113.41, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for AFG

• Buy AFG slightly over 113.41, target 122.19, Stop Loss @ 113.15 Details

If 113.41 begins to break higher, the technical summary data tells us to buy AFG just slightly over 113.41, with an upside target of 122.19. The data also tells us to set a stop loss @ 113.15 in case the stock turns against the trade. 113.41 is the first level of resistance above 113.36, and by rule, any break above resistance is a buy signal. In this case, 113.41, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short AFG slightly near 113.41, target 111.30, Stop Loss @ 113.67. Details

The technical summary data is suggesting a short of AFG if it tests 113.41 with a downside target of 111.30. We should have a stop loss in place at 113.67 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 113.41, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for American Financial Group (AFG) available here: AFG.

AFG Ratings for September 15:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Weak
P1	0	0	104.54
P2	108.80	109.44	113.41
P3	111.30	113.33	122.19

AI Generated Signals for AFG

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

Instructions:

• Click the Get Real Time Updates button below.

• In the login prompt, select forgot username

• Type the email you use for Factset

• Use the user/pass you receive to login

• You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES

Market Crash Leading Indicator

Our Market Crash Leading Indicator isEvitar Corte.

• Evitar Corte warned of market crash risk four times since 2000.

• It identified the Internet Debacle before it happened.

• It identified the Credit Crisis before it happened.

• It identified the Corona Crash too.

• See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change:Take a Trial

This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of American Financial Group (NYSE: AFG) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for AFG can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.