American Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.

American International Group tries to correct the main downward trend - Analysis - 27-03-2020

Economies.com
2020-03-27 13:20PM UTC

American International Group's stock rose 6.96% in the last session while correcting the main downward short-term trend, with negative pressure from the 50-day SMA, while the RSI reached overbought levels. 

 

Therefore we expect the stock to return lower, targeting the support of 21.40. 

 

Expected trend for today: Bearish 

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