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 3 out of 10 to AJG. Although AJG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month AJG has a been trading in the 308.98 - 351.23 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, AJG did better than 73% of all other stocks. We also observe that the gains produced by AJG over the past year are nicely spread over this period.
AJG has an average volume of 1397490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
AJG is part of the Insurance industry. There are 143 other stocks in this industry, AJG did better than 66% of them.
AJG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AJG is lagging the market slightly.
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
273.12
352.27
2 important support areas can be observed.
- Support @309.97 from a trend line in the weekly time frame.
- A support zone ranging from 275.88 to 280.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 329.90 to 335.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 341.80 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 | 73.3 | POSITIVE | AJG has a high relative strength, it outperformed 73.3% off all stocks 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) | 40.43 | NEUTRAL | The RSI value for AJG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.25 | NEGATIVE | The MACD value suggests AJG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.83 | OVERSOLD | The low Stochastics value suggests AJG may be oversold. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for AJG suggests some volalility. |
| Average Directional Index/ADX (14) | 19.03 | 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)
316.64
-3.51 (-1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.1%
1 Week-2.42%
2 Weeks-6.36%
1 Month-2.88%
3 Month-1.56%
6 Month12.5%
12 Month23.97%
2 Year45.81%
3 Year96.36%
5 Year228.39%
10 Year576.85%
15 Year1213.17%
Volatility
ATR(14)7.88
ATR(20)%2.23%
ATR Inc-3.23%
Range Today4.35
ADR(20)7.07
ADR(20)%2.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.3
Mansfield0.04
10 Day High351.23
10 Day Low308.98
20 Day High351.23
20 Day Low308.98
52 Week High351.23
52 Week Low251.42
CS1 End309.97
CR1 Start329.9
Volume & EV
DER(3)1.52%
DER(5)0.22%
Volume978.43K
Volume Incr23.22%
Vol(5)1.33M
Vol(50)1.40M