AFL stuck within tight trading range

AFLAC Inc (AFL) Technical Analysis Report for Apr 16, 2018


AFL closes below its opening price unable to hold early session gains
AFL runs into sellers again around 45.12
AFL rises to highest close since March 21st
AFL stuck within tight trading range
AFL closes within previous day's range after lackluster session

TQ Sentiment

Report Sentiment: 25% Bearish
Technical Forecast:


AFL finished Monday at 44.77 gaining $0.21 (0.47%). Today's closing price of 44.77 marks the highest close since March 21st. Trading $0.23 higher after the open, the share was unable to hold its gains as the bears took control ending the day below its opening price. Closing within the prior day's range, prices failed to decisively move past the previous day's trading range in a lackluster session. Ending the day with an indecisive close, neither buyers nor sellers were able to gain control during the session.

Daily chart for AFL


Monday's trading range was $0.43 (0.96%), that's far below last trading month's daily average range of $0.81. Things look different on a weekly scale, where volatility is below the markets average with the monthly volatility being slightly above average. Prices continued to consolidate within a tight trading range between 44.41 and 45.12 which it has been in now for the last three days.


Prices are trading close to a key support level at 44.31. After having been unable to move above 45.07 in the prior session, the stock ran into sellers again around the same price level today, failing to move higher than 45.12.


The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.

Order Flow

Selling might accelerate should prices move below the close-by swing low at 44.41 where further sell stops could get triggered. With prices trading close to this year's high at 45.88, upside momentum might speed up should AFLAC Inc be able to break out to new highs for the year.


While classical technical analysis indicates a neutral sentiment for the next trading day, our quantitative statistics show a different picture being bearish.

Market Conditions for AFLAC Inc

Loading Market Conditions for $AFL (AFLAC Inc)...
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when AFLAC Inc traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Find out more
Top Market Movers

Related Stocks

ACGL 10 day candlestick chart for ACGL 30.15 -0.09 (-0.30%)
ADS 10 day candlestick chart for ADS 247.50 0.64 (0.26%)
AFG 10 day candlestick chart for AFG 113.49 0.32 (0.28%)
AGO 10 day candlestick chart for AGO 41.56 1.06 (2.62%)
AHL 10 day candlestick chart for AHL 41.45 0.00 (0.00%)
AIG 10 day candlestick chart for AIG 53.89 -0.06 (-0.11%)
AIZ 10 day candlestick chart for AIZ 105.09 -0.05 (-0.05%)
AJG 10 day candlestick chart for AJG 75.73 0.70 (0.93%)
ALLY 10 day candlestick chart for ALLY 27.22 0.31 (1.15%)
AMG 10 day candlestick chart for AMG 145.64 3.56 (2.51%)
You have free reports remaining. Subscribe for unlimited access...SUBSCRIBELOGINGO!