US stock / ETF

Arthur J. Gallagher & Co.

AJG · NYSE · USD

1 hourBearish90%
1h Downside probability 90%Bearish

AJG 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $249.45 and stabilize above resistance $253.54.

Invalidation Trigger

Break above $253.54 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 46.3, MACD -0.215

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.78 (0.72%)

1h

EMA Structure

Bearish
EMA 8$249.12Bearish
EMA 21$249.45Bearish
EMA 50$250.11Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.3 · MACD -0.215

Neutral zone

Strength
Bearish
Volatility
ATR $1.78 · BB 2.38%

Low volatility

Strength
Bullish
Volume
MFI 40.6 · OBV 6.28%

Relative to 20-period average volume

Strength
Range
Price Levels
$242.01 - $253.54

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+2.9% · 4.0 ATR above latest close

$255.32
Nearest resistance

+2.18% · 3.0 ATR above · 34-bar high

$253.54
Current price

Price shown is delayed

$248.12
Nearest support

-2.46% · 3.4 ATR below · 34-bar low

$242.01
Deeper support zone

-3.18% · 4.4 ATR below latest close

$240.23
ATR zone

Latest close ± ATR14

$246.34 - $249.9

Indicators

Trend

Dow Theory Structure

Confirmation $247.09, invalidation $251.98

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

24.7 / 18.3 / 32.2Bearish
Supertrend (10,3)

Price is above Supertrend

$242.49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$249.92 / $247.76Bearish
Donchian Channel (20)

20-period breakout channel position

16%Range

Volatility

ATR (14)

Low volatility

$1.78 (0.72%)Bullish
Bollinger Bands (20,2)

Width 2.38%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$253.19 / $245.69Bullish
ATR channel lower / upper

Current Volatility Envelope

$246.34 / $249.9Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$253.54Range
Support

Nearest Downside Decision Level

$242.01Range

Momentum

RSI (14)

Neutral zone

46.3Range
MACD (12,26,9)

Histogram is negative

-0.215Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.1 / 25.9Bearish
Williams %R (14)

Neutral zone

-78.9Range
CCI (20)

Weak expansion

-126.2Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.6Bearish
OBV slope

20-period OBV slope

6.28%Bullish
Volume ratio

Relative to 20-period average volume

3.09xBullish

Trend

Dow Theory Structure

Confirmation $247.09, invalidation $251.98

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

24.7 / 18.3 / 32.2Bearish
Supertrend (10,3)

Price is above Supertrend

$242.49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$249.92 / $247.76Bearish
Donchian Channel (20)

20-period breakout channel position

16%Range

Momentum

RSI (14)

Neutral zone

46.3Range
MACD (12,26,9)

Histogram is negative

-0.215Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.1 / 25.9Bearish
Williams %R (14)

Neutral zone

-78.9Range
CCI (20)

Weak expansion

-126.2Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$1.78 (0.72%)Bullish
Bollinger Bands (20,2)

Width 2.38%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$253.19 / $245.69Bullish
ATR channel lower / upper

Current Volatility Envelope

$246.34 / $249.9Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.6Bearish
OBV slope

20-period OBV slope

6.28%Bullish
Volume ratio

Relative to 20-period average volume

3.09xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$253.54Range
Support

Nearest Downside Decision Level

$242.01Range

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