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American Interna (AIG) Crosses Pivot Point Support at $60.41

By David Diaz

Shares of American Interna (NYSE:AIG) have bearishly opened below the pivot of $60.72 today and have reached the first support level of $60.41. Analysts will be watching for a cross of the next downside pivot targets of $60.13 and $59.54.

American Interna share prices have moved between a 52-week high of $67.47 and a 52-week low of $48.41 and are now trading 24% above that low price at $60.15 per share. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.6%.

Potential upside of 13.9% exists for American Interna, based on a current level of $60.15 and analysts' average consensus price target of $68.50. The stock should discover initial support at its 200-day moving average (MA) of $58.03 and subsequent support at its 50-day MA of $53.88.

SmarTrend is tracking the current trend status for American Interna and will alert subscribers who have AIG in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts american interna

Ticker(s): AIG