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aig New York, April 5th (TradersHuddle.com) - Unusual high volume detected on shares of American International Group, Inc. (NYSE:AIG) early in the trading session. The pace in volume of AIG is already above average, with buyers stepping in, as the stock is 5.35% higher.

American International Group, Inc. (NYSE:AIG) through its subsidiaries provides a varied range of insurance and insurance-related products in the United States and abroad. The Company's main activities include both general insurance and life insurance & retirement services operations as well as financial services and asset management. AIG participates in the credit default swaps and mortgage backed securities markets.

AIG has already traded 4.603 times its 3-month average volume and has calculated support and resistance at $27.60 and $30.45 respectively. Traders like to use volume as their lie detector for price action movement through predefined trading ranges.

The overall market index S&P 500 is trading higher by 0.07% from its previous trading close, which means that AIG stock is outperforming the overall market.

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o Dow Jones 18,096.90 ▼106.47 (-0.58%)
o S&P 500 2,098.53 ▼9.25 (-0.44%)
o NASDAQ 4,967.14 ▼12.76 (-0.26%)
INDEXDJX:.DJI

Dow Jones

Company ID [INDEXDJX:.DJI] Last trade:18,096.90 Trade time:4:35PM EST Value change:▼106.47 (-0.58%)
INDEXSP:.INX

S&P 500

Company ID [INDEXSP:.INX] Last trade:2,098.53 Trade time:4:35PM EST Value change:▼9.25 (-0.44%)
INDEXNASDAQ:.IXIC

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Company ID [INDEXNASDAQ:.IXIC] Last trade:4,967.14 Trade time:5:15PM EST Value change:▼12.76 (-0.26%)
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