(AFGD) Long-Term Investment Analysis

December 1, 2024 8:18 PM ET BY Tyler – Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer term trading plans for AFGD

• Buy AFGD near 23.59 and target a stop loss of 24.43 at 23.52 Details

The technical summary data tells us to buy AFGD at around 23.59 with an upside target of 24.43. This data also tells us to set a stop loss at 23.52 to protect ourselves from excessive losses in case the stock starts moving against the trade. 23.59 is the first level of support below 24.39 and basically any test of support is a buy signal. In this case the support 23.59 would be tested, so a buy signal would be present.

• Short AFGD just below 24.43, target 23.59, stop loss at 24.5 Details

Technical summary data suggests going short on AFGD as it approaches 24.43 with a downside target at 23.59. However, we should have a stop loss at 24.5. 24.43 is the first resistance level above 24.39, and basically any test of resistance is a short signal. In this case, if the resistance 24.43 is tested, a short signal is present.

Swing trading plans for AFGD

• Buy AFGD just above 24.43, target 25.33, stop loss at 24.36 Details

If 24.43 starts to break out higher, the summary technicals tell us to buy AFGD just above 24.43 with an upside target of 25.33. The data also tells us to set a stop loss at 24.36 in case the stock turns against the trade. 24.43 is the first resistance level above 24.39, and basically any break above resistance is a buy signal. In this case, 24.43, the initial resistance, would break to the upside, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short AFGD slightly near 24.43, target 24.18, stop loss at 24.5. Details

Technical summary data suggests shorting AFGD if it tests 24.43, with a downside target of 24.18. However, we should have a stop loss at 24.5 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if the resistance 24.43 is tested, a short signal would be present. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Day Trading Plans for AFGD

• Buy AFGD slightly above 24.43, target 25.33, stop loss at 24.37 Details

If 24.43 starts to break out higher, the summary technicals tell us to buy AFGD just above 24.43 with an upside target of 25.33. The data also tells us to set a stop loss at 24.37 in case the stock turns against the trade. 24.43 is the first resistance level above 24.39, and basically any break above resistance is a buy signal. In this case, 24.43, the initial resistance, would break to the upside, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short AFGD slightly near 24.43, target 24.18, stop loss at 24.49. Details

Technical summary data suggests shorting AFGD if it tests 24.43, with a downside target of 24.18. However, we should have a stop loss at 24.49 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if the resistance 24.43 is tested, a short signal would be present. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Check the timestamp of this data. Updated AI generated signals for American Financial Group Inc. 5.625% subordinated notes due 2060 (AFGD) available here: AFGD.

AFGD ratings for December 1st:

AI generated signals for AFGD

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Technically, American Financial Group Inc. 5.625% subordinated notes due 2060 (NASDAQ: AFGD) offers opportunities for traders who watch how the stock price fluctuates over time.

Warning:

This is a static report. The following data was valid at the time of publication, but support and resistance levels for AFGD change over time, so the report should be updated regularly. Real-time updates are provided to subscribers. Unlimited real-time reports.

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Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, when AFGD tests support, buy signals emerge and resistance is the target. Conversely, if resistance is tested, it is a sign to control risk or sell, and support would accordingly be the downside target. In any case, the trigger point serves as both an ideal place to enter a position (avoid trading in the middle of a trading channel) and a risk control layer.

Swing Trades, Day Trades and Longer Term Trading Plans:

This data is refined to distinguish trading plans for day trading, swing trading and long-term investment plans also for AFGD. All of this is offered below the overview table.