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's stock (AIG) fell in the intraday levels, while seeking a bottom to bounce it higher anew, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA, coupled with positive divergence in the RSI after reaching oversold levels compared to the stock's movements, with positive signals coming out of them.
Therefore we expect the stock to rise and target the pivotal resistance of 70.00, provided the support of 64.90 holds on.
Expected trend for today: Likely Bullish