Insurance Stock Due for a Short-Term Rebound

American International Group Inc (NYSE:AIG) stock is still pulling back from its late August peak after running into pressure at the $84 level, which provided support in June. While AIG may have trouble overcoming that particular obstacle, a signal flashing shows it could run back toward it very soon. Per Schaeffer's Senior Quantitative Analyst Rocky White, AIG is within 0.75 of the 260-day trendline's 20-day average true range (ATR), after spending at least 80% of the last 10 days and 80% of the last two m ...