ARTHUR J GALLAGHER & CO (AJG) Stock Technical Analysis
NYSE:AJG - New York Stock Exchange, Inc. - US3635761097 - Common Stock - Currency: USD
Overall AJG gets a technical rating of 10 out of 10. Both in the recent history as in the last year, AJG has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that AJG is one of the better performing stocks in the market, outperforming 88% of all 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 80% of 143 stocks in the same industry.
AJG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AJG is performing more or less in line with the market.
In the last month AJG has a been trading in the 312.17 - 344.64 range, which is quite wide. It is currently trading near the high of this range.
AJG has an average volume of 1428300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
AJG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 332.66, a Stop Loss order could be placed below this zone.
More info and screens
273.30
348.70
When analyzing the support we can see 5 important areas.
- A support zone ranging from 328.35 to 332.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @319.24 from a horizontal line in the weekly time frame.
- A support zone ranging from 306.12 to 310.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @281.21 from a horizontal line in the daily time frame.
- Support @276.06 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 336.95 to 345.25. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for AJG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AJG is up. |
| ChartMill Relative Strength | 88.5 | POSITIVE | AJG has a high relative strength, it outperformed 88.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AJG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AJG is above the rising 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) | 51.55 | NEUTRAL | The RSI value for AJG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests AJG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.89 | NEUTRAL | The Stochastics value for AJG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for AJG suggests some volalility. |
| Average Directional Index/ADX (14) | 14.13 | 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)
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 |
|---|---|---|---|
| 336.96 | 328.34 | 8.62 (2.56%) | 25.00% |
| An entry @336.96. This is a Buy Stop order right above the 10 day moving average. | An exit @328.34. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 8.62 points, which is 2.56%. | For a 0.64% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AJG. Please evaluate whether better entry and exit points can be found.
- 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.
335.48
-2.05 (-0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.61%
1 Week-0.83%
2 Weeks-0.88%
1 Month1.19%
3 Month3.05%
6 Month10.25%
12 Month33.1%
2 Year67.46%
3 Year107.16%
5 Year255.83%
10 Year592.43%
15 Year1258.77%
Volatility
ATR(14)6.35
ATR(20)%2.25%
ATR Inc-23%
Range Today5.43
ADR(20)7.15
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.5
Mansfield0.99
10 Day High344.64
10 Day Low325.53
20 Day High344.64
20 Day Low312.17
52 Week High350.7
52 Week Low244.6
CS1 End332.66
CR1 Start336.95
Volume & EV
DER(3)1.4%
DER(5)0.6%
Volume771.60K
Volume Incr-42.17%
Vol(5)826.30K
Vol(50)1.43M