American Financial Group had its Relative Strength (RS) Rating upgraded from 68 to 76 Tuesday — a welcome improvement, but still below the 80 or better score you look for.
IBD's unique rating measures price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners typically have an RS Rating of over 80 as they begin their largest runs. See if American Financial Group can continue to rebound and hit that benchmark.
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American Financial Group is not currently offering a proper buying opportunity. See if the stock goes on to build a promising consolidation that could spark a new run.
While the company's bottom line growth fell in the company's most recently reported quarter from 8% to -6%, revenue grew 9%, up from 3% in the prior report.
American Financial Group earns the No. 33 rank among its peers in the Insurance-Property/Casualty/Title industry group. Allstate, Mercury General and AXIS Capital Holdings are among the top 5 highly rated stocks within the group.
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