American Financial Stock Near 52-Week High: What Should Investors Do?

American Financial Group, Inc. (AFG) closed at $136.2 on Thursday, near its 52-week high of$137.95. This proximity underscores investor confidence. It has the ingredients for further price appreciation. The stock is trading above the 50-day and 200-day simple moving average (SMA) of $130.68 and$126.96, respectively, indicating solid upward momentum. SMA is a widely used technical analysis tool to predict future price trends by analyzing historical price data.AFG has a solid surprise history. The property ...