US stock / ETF

Arthur J. Gallagher & Co.

AJG · NYSE · USD

1 monthBearish84%
Monthly Downside probability 84%Bearish

AJG 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $253.14 and stabilize above resistance $351.23.

Invalidation Trigger

Break above $351.23 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 48.8, MACD -6.293

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $33.87 (13.65%)

Monthly

EMA Structure

Range
EMA 8$238.83Bullish
EMA 21$253.14Bearish
EMA 50$235.56Bullish

Signals

CategoryReadStrength
Momentum
RSI 48.8 · MACD -6.293

Neutral zone

Strength
Bearish
Volatility
ATR $33.87 · BB 67.59%

High volatility

Strength
Bearish
Volume
MFI 27.9 · OBV -43.05%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$190.75 - $351.23

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+55.2% · 4.0 ATR above latest close

$385.09
Nearest resistance

+41.55% · 3.0 ATR above · 34-bar high

$351.23
Current price

Price shown is delayed

$248.12
Nearest support

-23.12% · 1.7 ATR below · 34-bar low

$190.75
Deeper support zone

-36.77% · 2.7 ATR below latest close

$156.88
ATR zone

Latest close ± ATR14

$214.25 - $281.99

Indicators

Trend

Dow Theory Structure

Confirmation $190.75, invalidation $266.87

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

Trend strength is active

44.1 / 12.1 / 28.5Bearish
Supertrend (10,3)

Price is above Supertrend

$156.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$250.68 / $249.73Bearish
Donchian Channel (20)

20-period breakout channel position

36%Range

Volatility

ATR (14)

High volatility

$33.87 (13.65%)Bearish
Bollinger Bands (20,2)

Width 67.59%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$314.23 / $191.29Bearish
ATR channel lower / upper

Current Volatility Envelope

$214.25 / $281.99Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$351.23Range
Support

Nearest Downside Decision Level

$190.75Range

Momentum

RSI (14)

Neutral zone

48.8Range
MACD (12,26,9)

Histogram is negative

-6.293Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

43.3 / 34.7Bullish
Williams %R (14)

Neutral zone

-56.7Range
CCI (20)

Balanced zone

-40.1Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

27.9Bearish
OBV slope

20-period OBV slope

-43.05%Bearish
Volume ratio

Relative to 20-period average volume

0.15xBearish

Trend

Dow Theory Structure

Confirmation $190.75, invalidation $266.87

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

Trend strength is active

44.1 / 12.1 / 28.5Bearish
Supertrend (10,3)

Price is above Supertrend

$156.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$250.68 / $249.73Bearish
Donchian Channel (20)

20-period breakout channel position

36%Range

Momentum

RSI (14)

Neutral zone

48.8Range
MACD (12,26,9)

Histogram is negative

-6.293Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

43.3 / 34.7Bullish
Williams %R (14)

Neutral zone

-56.7Range
CCI (20)

Balanced zone

-40.1Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$33.87 (13.65%)Bearish
Bollinger Bands (20,2)

Width 67.59%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$314.23 / $191.29Bearish
ATR channel lower / upper

Current Volatility Envelope

$214.25 / $281.99Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

27.9Bearish
OBV slope

20-period OBV slope

-43.05%Bearish
Volume ratio

Relative to 20-period average volume

0.15xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$351.23Range
Support

Nearest Downside Decision Level

$190.75Range

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