American Financial Group Inc

AFG remains in a Stage 2 advance within a long-term uptrend, supported by a Higher Highs & Higher Lows continuation pattern. The medium-term bias is bullish and recent pullback into the 9 EMA and 21 EMA has held, providing a structural entry point. Short-term timing is favorable for buying now to participate in the next leg higher, ideally at dynamic support around the prior consolidation near the 139–140 area. Primary risks include failure to sustain above the EMAs or a deeper retracement to the rising 50 DMA.

• ↑Core EPS of $2.47 in Q1 2026 (+36% YoY) with combined ratio at 90.3%
• ↑$260M returned to shareholders in Q1; dividend yield of 0.83%
• ↓Growth factor weak, raising doubts on sustainable revenue expansion