ARTHUR J GALLAGHER & CO (AJG) Stock Technical Analysis
USA - NYSE:AJG - US3635761097 - Common Stock
296.74 USD
+4.08 (+1.39%)
296.74 USD
0 (0%)
Taking everything into account, AJG scores 0 out of 10 in our technical rating. AJG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
69% of all other stocks performed better in the past year than AJG.
AJG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month AJG has a been trading in the 285.80 - 307.38 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
AJG has an average volume of 1455440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AJG is part of the Insurance industry. There are 146 other stocks in this industry, AJG did better than 48% of them.
AJG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 298.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 295.95, a Stop Loss order could be placed below this zone.
More info and screens
273.30
345.22
When analyzing the support we can see 3 important areas.
- A support zone ranging from 295.81 to 295.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 284.16 to 289.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 276.06 to 278.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 298.65 to 305.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 340.76 to 341.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for AJG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AJG is down. |
| ChartMill Relative Strength | 31.62 | NEUTRAL | AJG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AJG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AJG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AJG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.77 | NEUTRAL | The RSI value for AJG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests AJG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.81 | NEUTRAL | The Stochastics value for AJG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for AJG suggests low volalility. |
| Average Directional Index/ADX (14) | 18.45 | NEGATIVE | The low ADX value for AJG suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
296.74
+4.08 (+1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.39%
1 Week-1.29%
2 Weeks-1.16%
1 Month-1.95%
3 Month-7.32%
6 Month-10.56%
12 Month7.49%
2 Year30.19%
3 Year73.31%
5 Year181.06%
10 Year618.85%
15 Year1025.29%
Volatility
ATR(14)5.35
ATR(20)%1.7%
ATR Inc-8.62%
Range Today5.71
ADR(20)5.01
ADR(20)%1.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.62
Mansfield-1.39
10 Day High301.02
10 Day Low285.8
20 Day High307.38
20 Day Low285.8
52 Week High351.23
52 Week Low275.56
CS1 End295.95
CR1 Start298.65
Volume & EV
DER(3)-0.71%
DER(5)-0.07%
Volume1.41M
Volume Incr-8.28%
Vol(5)1.26M
Vol(50)1.46M