ARTHUR J GALLAGHER & CO (AJG) Stock Technical Analysis
NYSE:AJG - New York Stock Exchange, Inc. - US3635761097 - Common Stock - Currency: USD
Taking everything into account, AJG scores 1 out of 10 in our technical rating. AJG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
AJG has an average volume of 1350360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, AJG outperforms 42% of them, which is more or less in line with the market.
AJG is an average performer in the Insurance industry, it outperforms 58% of 145 stocks in the same industry.
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.
In the last month AJG has a been trading in a tight range between 309.39 and 327.34.
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 very little resistance above the current price. There is a support zone below the current price at 311.53, a Stop Loss order could be placed below this zone.
More info and screens
307.75
352.27
When analyzing the support we notice one important area.
- A support zone ranging from 310.86 to 311.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 341.80 to 341.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 347.45 to 348.78. 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 | NEUTRAL | NEUTRAL | The long term trend for AJG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AJG is down. |
| ChartMill Relative Strength | 42.33 | 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) | UP | POSITIVE | The current price of AJG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.72 | NEUTRAL | The RSI value for AJG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests AJG has a negative trend. |
| Stochastics (14,3) | 22.66 | NEUTRAL | The Stochastics value for AJG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for AJG suggests low volalility. |
| Average Directional Index/ADX (14) | 22.24 | NEUTRAL | The ADX value for AJG suggests a possible start of a new 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)
311.54
-2.04 (-0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.65%
1 Week-2.06%
2 Weeks-2.15%
1 Month-0.45%
3 Month-6.73%
6 Month8.55%
12 Month14.94%
2 Year45.04%
3 Year74.05%
5 Year189.83%
10 Year556.84%
15 Year1125.57%
Volatility
ATR(14)5.96
ATR(20)%1.85%
ATR Inc-29.59%
Range Today5.02
ADR(20)5.7
ADR(20)%1.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.33
Mansfield-0.59
10 Day High323.25
10 Day Low309.39
20 Day High327.34
20 Day Low309.39
52 Week High351.23
52 Week Low267
CS1 End311.53
CR1 Start341.8
Volume & EV
DER(3)1.75%
DER(5)1.67%
Volume715.20K
Volume Incr-31.06%
Vol(5)1.08M
Vol(50)1.35M