ARTHUR J GALLAGHER & CO (AJG) Stock Technical Analysis
NYSE:AJG - US3635761097 - Common Stock
303.17 USD
-2.21 (-0.72%)
303.81 USD
+0.64 (+0.21%)
We assign a technical rating of 1 out of 10 to AJG. AJG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
76% of all other stocks performed better in the past year than AJG.
AJG is part of the Insurance industry. There are 143 other stocks in this industry, of which 64% are performing better than AJG.
In the last month AJG has a been trading in the 277.53 - 315.00 range, which is quite wide. It is currently trading near the high of this range.
AJG has an average volume of 1518420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
AJG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AJG is lagging the market.
The technical rating of AJG is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
273.30
350.92
We found 2 important support areas.
- A support zone ranging from 284.16 to 286.44. 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.
We can see 4 important resistance areas.
- A resistance zone ranging from 305.29 to 308.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @315.16 from a horizontal line in the daily time frame.
- 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.
- Resistance @347.45 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for AJG is up. |
| ChartMill Relative Strength | 24.32 | NEGATIVE | AJG has a low relative strength, it was outperformed by 75.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AJG is above 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) | UP | MIXED | The current price of AJG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.79 | NEUTRAL | The RSI value for AJG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.68 | POSITIVE | The MACD value suggests AJG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.95 | OVERBOUGHT | The high Stochastics value suggests AJG may be overbought. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for AJG suggests some volalility. |
| Average Directional Index/ADX (14) | 28.01 | POSITIVE | The high ADX value value for AJG suggests a strong 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)
303.17
-2.21 (-0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.72%
1 Week3.57%
2 Weeks4.74%
1 Month-3.8%
3 Month-10.32%
6 Month-6.88%
12 Month5.33%
2 Year31.54%
3 Year66.97%
5 Year187.91%
10 Year593.44%
15 Year1120%
Volatility
ATR(14)4.93
ATR(20)%2.09%
ATR Inc-4.03%
Range Today4.92
ADR(20)6.25
ADR(20)%2.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.32
Mansfield-1.06
10 Day High307.38
10 Day Low286.17
20 Day High315
20 Day Low277.53
52 Week High351.23
52 Week Low274.25
CS1 End286.44
CR1 Start305.29
Volume & EV
DER(3)-2.38%
DER(5)-0.97%
Volume1.17M
Volume Incr-24.44%
Vol(5)1.28M
Vol(50)1.52M