Tuesday, April 29, 2008

American International Group, Inc.(AIG) has rising momentum with an uptrend

(28-Apr-2008) (28-Apr-2008) American International Group, Inc.(AIG) closed at 47.04, down -0.49 or -1.03 % today. Based on our analysis, American International Group, Inc.(AIG) has rising momentum with an uptrend.

The closing price of American International Group, Inc.(AIG) is above its 50 day moving average of 45.67 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) above the signal line(Dark Red Line) tells us that American International Group, Inc.(AIG) is gaining momentum. An uptrend with with rising momentum is a good omen for the stock. The MACD histogram crossed above the signal line on 17-Apr-2008, about 9 trading days ago.

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