US stock / ETF

Arthur J. Gallagher & Co.

AJG · NYSE · USD

1 hourBearish88%
1h Downside probability 88%Bearish

AJG 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $245.4 and stabilize above resistance $254.59.

Invalidation Trigger

Break above $254.59 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 38.2, MACD -0.755

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.89 (0.78%)

1h

EMA Structure

Bearish
EMA 8$243.07Bearish
EMA 21$245.4Bearish
EMA 50$247.72Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.2 · MACD -0.755

Momentum is weak

Strength
Bearish
Volatility
ATR $1.89 · BB 7.23%

Low volatility

Strength
Bullish
Volume
MFI 43.8 · OBV -0.94%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$240.3 - $254.59

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+6.08% · 7.8 ATR above latest close

$256.48
Nearest resistance

+5.3% · 6.8 ATR above · 34-bar high

$254.59
Current price

Price shown is delayed

$241.79
Nearest support

-0.61% · 0.8 ATR below · 34-bar low

$240.3
Deeper support zone

-1.4% · 1.8 ATR below latest close

$238.41
ATR zone

Latest close ± ATR14

$239.9 - $243.67

Indicators

Trend

Dow Theory Structure

Confirmation $244.73, invalidation $241.71

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

50.4 / 6.4 / 56.0Bearish
Supertrend (10,3)

Price is above Supertrend

$235.82Bullish
Ichimoku Cloud

Cloud Span A / Span B

$245.08 / $247.45Bearish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Volatility

ATR (14)

Low volatility

$1.89 (0.78%)Bullish
Bollinger Bands (20,2)

Width 7.23%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$248.8 / $241.78Bullish
ATR channel lower / upper

Current Volatility Envelope

$239.9 / $243.67Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$254.59Range
Support

Nearest Downside Decision Level

$240.3Range

Momentum

RSI (14)

Momentum is weak

38.2Bearish
MACD (12,26,9)

Histogram is negative

-0.755Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.4 / 6.8Bullish
Williams %R (14)

Oversold zone

-88.6Bullish
CCI (20)

Balanced zone

-94.6Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.8Bearish
OBV slope

20-period OBV slope

-0.94%Bearish
Volume ratio

Relative to 20-period average volume

0.36xBearish

Trend

Dow Theory Structure

Confirmation $244.73, invalidation $241.71

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

50.4 / 6.4 / 56.0Bearish
Supertrend (10,3)

Price is above Supertrend

$235.82Bullish
Ichimoku Cloud

Cloud Span A / Span B

$245.08 / $247.45Bearish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Momentum

RSI (14)

Momentum is weak

38.2Bearish
MACD (12,26,9)

Histogram is negative

-0.755Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.4 / 6.8Bullish
Williams %R (14)

Oversold zone

-88.6Bullish
CCI (20)

Balanced zone

-94.6Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$1.89 (0.78%)Bullish
Bollinger Bands (20,2)

Width 7.23%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$248.8 / $241.78Bullish
ATR channel lower / upper

Current Volatility Envelope

$239.9 / $243.67Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.8Bearish
OBV slope

20-period OBV slope

-0.94%Bearish
Volume ratio

Relative to 20-period average volume

0.36xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$254.59Range
Support

Nearest Downside Decision Level

$240.3Range

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