ARTHUR J GALLAGHER & CO (AJG) Technical Analysis
NYSE:AJG • US3635761097
Taking everything into account, AJG scores 0 out of 10 in our technical rating. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 85% of all other stocks performed better in the past year than AJG.
- AJG is one of the lesser performing stocks in the Insurance industry. 74% of 149 stocks in the same industry do better.
- 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.
- AJG has an average volume of 2382540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month AJG has a been trading in the 195.00 - 254.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, AJG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 228.21. Right above this resistance zone may be a good entry point.
More info and screens
223.32
We can see 4 important resistance areas.
- A resistance zone ranging from 228.21 to 231.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 238.37 to 242.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @259.31 from a horizontal line in the daily time frame.
- Resistance @265.31 from a trend 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 | DOWN | NEGATIVE | The short term trend for AJG is down. |
| ChartMill Relative Strength | 15.91 | NEGATIVE | AJG has a low relative strength, it was outperformed by 84.09% 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) | DOWN | NEGATIVE | The current price of AJG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.84 | NEUTRAL | The RSI value for AJG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.51 | POSITIVE | The MACD value suggests AJG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.99 | OVERBOUGHT | The high Stochastics value suggests AJG may be overbought. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for AJG suggests some volalility. |
| Average Directional Index/ADX (14) | 28.67 | POSITIVE | The high ADX value value for AJG suggests a strong trend. |
AJG Technicals: Chart, Performance Metrics, Trend & Indicators
225.58
+0.35 (+0.16%)
ARTHUR J GALLAGHER & CO / AJG FAQ
Can you provide the ChartMill technical rating for ARTHUR J GALLAGHER & CO?
ChartMill assigns a technical rating of 0 / 10 to AJG.
What is the current trend direction of ARTHUR J GALLAGHER & CO (AJG) stock?
The current trend direction for ARTHUR J GALLAGHER & CO (AJG) is Bearish.
What is the RSI signal for ARTHUR J GALLAGHER & CO (AJG) stock?
ARTHUR J GALLAGHER & CO (AJG) has an RSI value of 46.8436. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ARTHUR J GALLAGHER & CO?
The short term momentum for ARTHUR J GALLAGHER & CO (AJG) is negative.
What is the buy/sell signal for AJG stock?
The buy/sell signal for ARTHUR J GALLAGHER & CO (AJG) is sell as both the short term and long term trends are negative.