AEGON (ADR)(NYSE:AEG) Downward Trend

AEGON (ADR)(NYSE:AEG) Downward Trend

AEGON (ADR)(NYSE:AEG) Downward Trend

Overall, the bias in prices is: Downwards.

Short term: Prices are stalling.

Intermediate term: Prices are ranging.

The projected upper bound is: 4.41.

The projected lower bound is: 3.80.

The projected closing price is: 4.11.

AEGON

Candlesticks

A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 5 white candles and 5 black candles. During the past 50 bars, there have been 28 white candles and 22 black candles for a net of 6 white candles.

A long lower shadow occurred. This is typically a bullish signal (particularly when it occurs near a low price level, at a support level, or when the security is oversold).

Momentum Indicators

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 83.9379. This is an overbought reading. However, a signal is not generated until the Oscillator crosses below 80 The last signal was a buy 8 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 53.78. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 41 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 61. This is not a topping or bottoming area. The last signal was a buy 5 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 2 period(s) ago.

Rex Takasugi – TD Profile

AEGON N.V. closed down -0.030 at 4.110. Volume was 2% below average (neutral) and Bollinger Bands were 43% narrower than normal.

Open High Low Close Volume___
4.100 4.115 4.030 4.110 385,301

Technical Outlook
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bearish

Moving Averages: 10-period 50-period 200-period
Close: 4.00 3.97 5.05
Volatility: 30 50 52
Volume: 384,791 365,710 430,674

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

AEGON N.V. is currently 18.5% below its 200-period moving average and is in an downward trend. Volatility is low as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of AEG.N at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on AEG.N and have had this outlook for the last 5 periods.

Description

AEGON N.V. is a life insurance, pensions and asset management company. The Company’s segments include Americas, Europe, Asia, Asset Management, and Holding and other activities. The Americas segment covers business units in the United States, Brazil and Mexico, including any of the units’ activities located outside these countries. The Europe segment covers the operating segments: the Netherlands, the United Kingdom (including VA Europe), Central and Eastern Europe, Spain and Portugal. The Asia segment covers businesses operating in Hong Kong, Singapore, China, Japan, India and Indonesia, including any of the units’ activities located outside these countries. The Asset Management segment covers business activities from Aegon Asset Management. The Holding and other activities segment, which includes financing, reinsurance activities, employee and other administrative expenses of holding companies.
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