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 10 out of 10 to AJG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AJG is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, AJG did better than 85% 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 88% of 143 stocks in the same industry.
AJG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
AJG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
AJG has an average volume of 2324140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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. We notice that large players showed an interest for AJG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
225.29
331.86
When analyzing the support we can see 5 important areas.
- A support zone ranging from 302.98 to 306.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 287.99 to 289.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 276.06 to 282.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @263.43 from a trend line in the weekly time frame.
- Support @227.57 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 325.57 to 328.57. 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
CRS85.83
Mansfield0.98
10 Day High329.6
10 Day Low318.89
20 Day High329.6
20 Day Low286.78
52 Week High329.6
52 Week Low230.08
Performance
1 Week-0.91%
2 Weeks1.74%
1 Month13.04%
3 Month6.99%
6 Month13.11%
12 Month32.88%
2 Year73.77%
3 Year105.8%
5 Year233.94%
10 Year592.83%
15 Year1271.93%
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)0.35
RSI(14)66.93
LBB310.77
UBB332.82
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 |
|---|---|---|---|
| 328.58 | 318.88 | 9.70 (2.95%) | 25.00% |
| An entry @328.58. This is a Buy Stop order right above the resistance zone. | An exit @318.88. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 9.70 points, which is 2.95%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.74%. |
- 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.
325.56
+0.43 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.13%
1 Week-0.91%
2 Weeks1.74%
1 Month13.04%
3 Month6.99%
6 Month13.11%
12 Month32.88%
2 Year73.77%
3 Year105.8%
5 Year233.94%
10 Year592.83%
15 Year1271.93%
Volatility
ATR(14)5.37
ATR(20)%1.71%
ATR Inc-31.42%
Range Today3.43
ADR(20)5.55
ADR(20)%1.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.83
Mansfield0.98
10 Day High329.6
10 Day Low318.89
20 Day High329.6
20 Day Low286.78
52 Week High329.6
52 Week Low230.08
CS1 End306.63
CR1 Start325.57
Volume & EV
DER(3)3.1%
DER(5)2.22%
Volume952.40K
Volume Incr-27.28%
Vol(5)1.19M
Vol(50)2.32M