ARTHUR J GALLAGHER & CO (AJG) Stock Technical Analysis
NYSE:AJG - New York Stock Exchange, Inc. - US3635761097 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to AJG. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, AJG did better than 92% of all other stocks. On top of that, AJG also shows a nice and consistent pattern of rising prices.
AJG is one of the better performing stocks in the Insurance industry, it outperforms 84% of 143 stocks in the same industry.
AJG is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so AJG slightly outperforms the market at the moment.
AJG has an average volume of 1628880 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 301.21 - 345.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, AJG also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 340.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 330.48, a Stop Loss order could be placed below this zone.
More info and screens
273.30
348.70
4 important support areas can be observed.
- A support zone ranging from 319.24 to 330.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @310.85 from a horizontal line in the daily time frame.
- Support @302.26 from a trend line in the weekly time frame.
- A support zone ranging from 276.06 to 278.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 340.77 to 345.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.03
Mansfield1.29
10 Day High336.69
10 Day Low312.17
20 Day High345.62
20 Day Low301.21
52 Week High350.7
52 Week Low238.94
Performance
1 Week2.72%
2 Weeks0.56%
1 Month-3.87%
3 Month9.69%
6 Month18.07%
12 Month38.69%
2 Year65.27%
3 Year104.45%
5 Year251.17%
10 Year583.34%
15 Year1240.95%
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)
Technical Indicators
MACD(12,26,9)-0.59
RSI(14)52.56
LBB312.99
UBB342.22
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 345.26 | 319.23 | 26.03 (7.54%) | 13.26% |
| An entry @345.26. This is a Buy Stop order right above the resistance zone. | An exit @319.23. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 26.03 points, which is 7.54%. | When investing 13.26% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
331.08
+13.44 (+4.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg4.23%
1 Week2.72%
2 Weeks0.56%
1 Month-3.87%
3 Month9.69%
6 Month18.07%
12 Month38.69%
2 Year65.27%
3 Year104.45%
5 Year251.17%
10 Year583.34%
15 Year1240.95%
Volatility
ATR(14)9.92
ATR(20)%3.77%
ATR Inc12.56%
Range Today15.56
ADR(20)11.79
ADR(20)%3.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.03
Mansfield1.29
10 Day High336.69
10 Day Low312.17
20 Day High345.62
20 Day Low301.21
52 Week High350.7
52 Week Low238.94
CS1 End330.48
CR1 Start340.77
Volume & EV
DER(3)1.72%
DER(5)2.97%
Volume1.82M
Volume Incr46.7%
Vol(5)2.23M
Vol(50)1.63M