TMCNet:  American International Up 34.1% Since SmarTrend Uptrend Call (AIG)

[May 08, 2013]

American International Up 34.1% Since SmarTrend Uptrend Call (AIG)

May 08, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for American International (NYSE:AIG) on November 29th, 2012 at $33.08. In approximately 5 months, American International has returned 34.07% as of today's recent price of $44.35.


In the past 52 weeks, American International share prices have been bracketed by a low of $27.18 and a high of $45.85 and are now at $44.34, 63% above that low price. The 200-day and 50-day moving averages have moved 0.55% higher and 1.12% higher over the past week, respectively.

American International Group, Inc. is a holding company which, through its subsidiaries provides a varied range of insurance and insurance-related activities in the United States and abroad. The Company's main activities include both general insurance and life insurance & retirement services operations as well as financial services and asset management.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of American International shares.Log in and add American International (AIG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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