American Financial Group Inc

Active support failure in Stage 3 distribution and a decisive breakdown below the 9/21/50 EMA cluster signals loss of buyer absorption and favors further downside. Short-term bearish momentum, with price extended below declining EMAs, justifies immediate selling. Medium-term bias remains bearish supported by a Bearish Pivot Point pattern, while the long-term uptrend is still intact. The Growth at Reasonable Price strategy endorses selling into this structural breakdown.

• ↑Q2 revenue $2.03B, core EPS $2.82 (+32% YoY), beats by 19%.
• ↑P&C combined ratio 91.5% drove ROE 20.3% and underwriting strength.
• ↓Negative earnings revisions signal EPS estimate cuts and growth skepticism.