AIG Technical Analysis

AIG (American International Group) shows a cautiously constructive technical picture. Price at 79.90 is above all three key moving averages on the daily timeframe including SMA20 (76.94), SMA50 (76.03), and SMA200 (76.77). RSI14 at 62.16 on the daily chart suggests bullish momentum without overbought conditions. The daily MACD is positive with the line at 1.27 above the signal at 0.89 and a positive histogram at 0.38, confirming upward momentum. On the weekly timeframe, the MACD has recently generated a bullish crossover with the line at 0.03 crossing above the signal at -0.39 and a growing positive histogram at 0.42, a meaningful technical development. However, the weekly SMA50 at 76.96 sits slightly above SMA20 at 76.09, preventing a fully aligned bullish structure. Key resistance rests at 82.45 (20-period high on both timeframes) and 86.21 (60-week high). Key support stands at 73.81 (20-day low), 71.67 (60-day low), and 70.36 (52-week low). A sustained move above 82.45 would strengthen the bullish outlook, while a breakdown below 71.67 would suggest the trend is weakening.