The first technical resistance point for Seagate Technology plc (NASDAQ:STX) will likely come at $41.08, marking a 1% premium to the current level. The second resistance point is at $41.5, about 2% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $39.42, the lower end of the range. STX’s 14-day MACD is 1.95 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 56.09, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 41.08 percent, which is low when compared to that of the 50-day’s 43.35 percent.
Seagate Technology plc (STX) trade volume has decreased by -49.28% as around 2,196,899 shares were sold when compared with its 50-day average volume of traded shares which is 4,331,754. At the moment, STX is witnessing a uptrend, as it is trading 6.46% above its 20-day SMA, -0.4% below its 50-day SMA, and -19.99% below its 200-day SMA. The company runs an ROE of roughly 97.8%, with financial analysts predicting that their earnings per share growth will be around 6.06% per annum for the next five year. This will be compared to the 4% increase witnessed over the past five years.
The last few days have been good for Seagate Technology plc (NASDAQ:STX), as its price has grew by 6.63% during the week. It has also performed poorly over the past three months, as it lost around -6.85% while it has so far retreated around -13.6% during the course of a year. The price of the stock went up by $0.07 now trading at $40.67. Their shares witnessed a 14.95% increase from the 52-week low price of $35.38 they recorded on 2018-12-26. Even though it is still -54.17% behind the $62.7 high touched on 2018-04-17. The stock of STX recorded 5.39% uptrend from the beginning of this year till date. The 12-month potential price target for Seagate Technology plc is set at $47.43. This target means that the stock has an upside potential to increase by 16.62% from the current trading price.
When giving their opinion, around 22.22% of Wall Street analysts, which represents 6 out of 27 rated the stock as a Buy. 15 brokerage firms of the remaining 55.56% rated the stock as a Hold with 6 analyst rating it as a sell. Overall, the number of aggregate STX shares held by institutional investors represents 94.7% of total shares. 74 institutions entered new Seagate Technology plc (NASDAQ:STX) positions, 307 added to their existing positions in these shares, 263 lowered their positions, and 75 exited their positions entirely.
The shares of American International Group, Inc. (NYSE:AIG) has increased by 0.58%, and now trading at $41.66 on the Wall Street in the intra-day deal, with their shares traded now around 4,773,795. This is a decline of -3,575,377 shares over the average 8,349,172 shares that were traded daily over the last three months. The stock that is trading at $41.66 went higher by 15.21% from its 52-week low of $36.16 that it attained back on 2018-12-10. The stock recorded a 52-week high of $65.05 nearly 350 days ago on 2018-01-29..
AIG stock has performed well over the past 30 days, as it added 13.86% while its price climbed by 5.71% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 3.68% over the last week. The stock’s 12-month potential target price is now at $52. This means that the stock price might likely increase by 24.82% from its current trading price.12 out of 18 Wall Street analysts which represents 66.67% rated the stock as a buy while the remaining 33.33 rated it as a hold, with 0 of analysts rating it as a sell.
American International Group, Inc. (NYSE:AIG) has been utilizing an ROE that is roughly -9.8%, with stock analysts predicting that the company’s EPS for the next five years will go up by 30.91% per year, following the -20.2% drop that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 7.13% above its 20-day SMA, 1.74% above its 50-day SMA, and -17.02% below its 200-day SMA. In percentage terms, the aggregate American International Group, Inc. shares held by institutional investors is 92.5%. 67 institutions jumped in to acquire American International Group, Inc. (AIG) fresh stake, 282 added to their current holdings in these shares, 434 lowered their positions, and 70 left no stake in the company.
The stock’s 9-day MACD is 1.06 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 67.83, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 27.25 percent, which is less when compared to that of the 50-day’s 33.36 percent. On the daily chart, we see that the stock could reach the first level of resistance at $42.09, sporting a 1.02% premium to the current level. The next resistance point is at $42.53, representing nearly 2.05% premium to the current market price of American International Group, Inc. (AIG). On the other hand, failure to breach the immediate hurdles can drag it down to $40.49, the lower end of the range.