US stock / ETF

Arthur J. Gallagher & Co.

AJG · NYSE · USD

4 hoursBearish69%
4h Downside probability 69%Bearish

AJG 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $247.47 and stabilize above resistance $271.27.

Invalidation Trigger

Break above $271.27 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateRange
Momentum mixed

RSI 39.7, MACD 0.004

4h
Volatility EnvironmentRange
Low volatility

ATR is $3.76 (1.55%)

4h

EMA Structure

Bearish
EMA 8$244.72Bearish
EMA 21$247.47Bearish
EMA 50$251.9Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.7 · MACD 0.004

Momentum is weak

Strength
Range
Volatility
ATR $3.76 · BB 6.78%

Low volatility

Strength
Range
Volume
MFI 49.7 · OBV -0.69%

Relative to 20-period average volume

Strength
Range
Price Levels
$240.3 - $271.27

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+13.17% · 8.5 ATR above latest close

$275.03
Nearest resistance

+11.62% · 7.5 ATR above · 34-bar high

$271.27
Current price

Price shown is delayed

$243.03
Nearest support

-1.12% · 0.7 ATR below · 34-bar low

$240.3
Deeper support zone

-2.67% · 1.7 ATR below latest close

$236.54
ATR zone

Latest close ± ATR14

$239.26 - $246.79

Indicators

Trend

Dow Theory Structure

Confirmation $254.59, invalidation $240.32

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

Trend strength is active

28.3 / 27.1 / 36.4Bearish
Supertrend (10,3)

Price is above Supertrend

$233.39Bullish
Ichimoku Cloud

Cloud Span A / Span B

$249.47 / $255.79Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Volatility

ATR (14)

Low volatility

$3.76 (1.55%)Range
Bollinger Bands (20,2)

Width 6.78%

35%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$253.83 / $240.68Range
ATR channel lower / upper

Current Volatility Envelope

$239.26 / $246.79Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$271.27Range
Support

Nearest Downside Decision Level

$240.3Range

Momentum

RSI (14)

Momentum is weak

39.7Bearish
MACD (12,26,9)

Histogram is positive

0.004Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.1 / 17.9Bullish
Williams %R (14)

Oversold zone

-80.9Bullish
CCI (20)

Balanced zone

-51.1Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.7Range
OBV slope

20-period OBV slope

-0.69%Bearish
Volume ratio

Relative to 20-period average volume

0.09xBearish

Trend

Dow Theory Structure

Confirmation $254.59, invalidation $240.32

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

Trend strength is active

28.3 / 27.1 / 36.4Bearish
Supertrend (10,3)

Price is above Supertrend

$233.39Bullish
Ichimoku Cloud

Cloud Span A / Span B

$249.47 / $255.79Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Momentum

RSI (14)

Momentum is weak

39.7Bearish
MACD (12,26,9)

Histogram is positive

0.004Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.1 / 17.9Bullish
Williams %R (14)

Oversold zone

-80.9Bullish
CCI (20)

Balanced zone

-51.1Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Low volatility

$3.76 (1.55%)Range
Bollinger Bands (20,2)

Width 6.78%

35%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$253.83 / $240.68Range
ATR channel lower / upper

Current Volatility Envelope

$239.26 / $246.79Range

Volume / Money Flow

MFI (14)

Money flow is neutral

49.7Range
OBV slope

20-period OBV slope

-0.69%Bearish
Volume ratio

Relative to 20-period average volume

0.09xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$271.27Range
Support

Nearest Downside Decision Level

$240.3Range

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