American Financial Group (AFG) had its Relative Strength (RS) Rating upgraded from 66 to 71 Monday — a welcome improvement, but still below the 80 or higher score you look for.
X
This unique rating measures technical performance by showing how a stock’s price action over the last 52 weeks compares to that of the other stocks in our database.
History shows that the best-performing stocks tend to have an RS Rating of above 80 as they begin their biggest runs. See if American Financial Group can continue to show renewed price strength and hit that benchmark.
When To Sell Stocks To Lock In Profits And Minimize Losses
American Financial Group is not currently showing a potential entry point. See if the stock goes on to build a chart pattern that could kick off a new price move.
The company reported -5% earnings growth last quarter, while sales growth came in at 8%. Keep an eye out for the company’s next round of numbers on or around May 1.
American Financial Group holds the No. 30 rank among its peers in the Insurance-Property/Casualty/Title industry group. HCI Group (HCI), Mercury General (MCY) and Progressive (PGR) are among the top 5 highly rated stocks within the group.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD’s Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
American Legion Post 336 in Painesville is planning a July 20 family fun day at its 60 Chester St. post with remembrance ceremonies, food, giveaways, live music
During a meeting hosted by the Turkish American Business Council (TAIK) and the American Turkish Business Development Council (ATBR) in Washington, Turkish
This is a developing story. Please check back here for updates. BNY Mellon grew its core custody and wealth management businesses while tamping down operating