AJG technical analysis

AJG Technical Analysis

Analysis date

July 14, 2026

Market

NYSE (USD)

Daily cutoff

July 13, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

AJG Data Verification

Cross-validating the latest completed daily bar across independent sources.

Symbol
AJG
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
July 13, 2026

No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.

SourceLatest CloseDateDifferenceStatus
Yahoo Finance Chart API (primary)261.23July 13, 2026-Verified
Finviz (independent)261.23July 13, 2026 (previous close)0.00%Verified

Bottom line

AJG Technical Analysis Summary

AJG (Arthur J. Gallagher & Co.) presents a mixed-to-bullish technical picture with strong recent recovery momentum. On the daily chart, price at 261.23 is above all key moving averages with SMA20 (232.40), SMA50 (215.82) and SMA200 (237.41), though the SMA200 is above SMA50, reflecting the longer-term downtrend (252-bar return -15.76%). The daily RSI14 at 76.69 has entered overbought territory, signaling potential short-term exhaustion, while the daily MACD histogram at +2.78 confirms positive momentum. On the weekly chart, the MACD has registered a bullish crossover (histogram +7.30) with RSI14 at 60.98 in neutral territory, supporting a constructive medium-term view. However, the weekly close at 253.09 is above the upper Bollinger Band (246.20), signaling statistically unusual strength that may invite mean reversion. Key support sits at the SMA20 (232.40 daily, 216.85 weekly), while resistance stands at 261.27 (20-day high) and 313.18 (52-week high).

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (July 13, 2026)

Trend
Mixed with bullish lean. Price at 261.23 is above SMA20 (232.40, +12.41%), SMA50 (215.82, +21.04%) and SMA200 (237.41, +10.03%). However, SMA200 at 237.41 sits above SMA50 at 215.82, indicating the long-term average has not been overtaken by the medium-term average. This structure, combined with a 252-bar return of -15.76%, suggests the stock has been in a broad downtrend for most of the past year, with the recent two-month surge driving price above all SMAs in a sharp recovery pattern.
Momentum
Bullish but overbought. RSI14 at 76.69 is above the 70 threshold, signaling overbought conditions that warrant caution. MACD line at 12.29 is above zero and above the signal line at 9.51, with a positive histogram at 2.78, confirming strong upward momentum. The combination of overbought RSI and positive MACD suggests the trend is strong but may be due for a pause or pullback in the near term.
Volatility
Moderate-to-elevated. ATR14 at 6.78 (2.60% of price) reflects typical daily ranges, though the latest 3.22% one-day gain is above average. Bollinger Bands (197.36 to 267.43) are wide with price at 261.23 near the upper band, consistent with the recent upward acceleration. Band width suggests increasing volatility relative to prior weeks.
Volume
Below average. Latest volume of 1,336,100 is 68.6% of the 20-period average (1,948,910), indicating reduced participation. The strong price move on below-average volume represents a potential divergence that warrants monitoring.

Assessment

The daily timeframe shows a strong short-term bullish move that has pushed price above all major moving averages from deeply oversold levels. The overbought RSI reading at 76.69 warns that the recent surge may be overextended. The MACD structure remains solidly bullish with a rising histogram. Price is at the 20-day high of 261.27, reflecting 57.78% of the 52-week range. The below-average volume on the latest strong up day is a cautionary signal. A consolidation or mild pullback near SMA20 would be a healthy development for the trend.

Weekly (July 6, 2026 week)

Trend
Mixed with positive bias. Price at 253.09 is above SMA20 (216.85, +16.71%), SMA50 (246.61, +2.63%) and SMA200 (245.47, +3.10%). The SMA50 at 246.61 is above SMA200 at 245.47, which is above SMA20 at 216.85, indicating the short-term average has lagged during the mid-year decline but price has now recovered. The 252-bar return of +84.48% over five years confirms a strong long-term upward trajectory, though the 60-bar return of -25.07% shows the intermediate-term has been bearish.
Momentum
Neutral with bullish crossover. RSI14 at 60.98 is in neutral territory, indicating no overbought or oversold stress. MACD line at -2.73 has crossed above the signal line at -10.03, producing a bullish crossover with a strongly positive histogram at 7.30. This MACD crossover is a constructive signal that suggests bullish momentum is building on the weekly scale after a prolonged decline.
Volatility
Elevated. ATR14 at 15.55 (6.15% of price) reflects wider than average weekly ranges. Bollinger Bands (187.50 to 246.20) show price at 253.09 trading above the upper band, indicating the weekly move is statistically unusual. This suggests strong momentum but also raises the probability of mean reversion in the coming weeks.
Volume
Below average. Weekly volume of 8,204,700 is 85.4% of the 20-week average (9,612,810), indicating lower participation. This below-average volume during a strong weekly advance could signal insufficient conviction behind the move.

Assessment

The weekly timeframe presents a cautiously positive picture. The bullish MACD crossover is the most significant signal, suggesting a potential shift in medium-term momentum from bearish to bullish. However, price above the upper Bollinger Band and below-average volume are risks that temper the bullish outlook. The 51.17% 52-week position confirms that while the stock has recovered from mid-year lows, it sits near the exact midpoint of its yearly range. The weekly structure is best described as early-stage recovery rather than an established uptrend.

Key indicators

AJG Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)76.6960.98
MACD (12, 26, 9)12.29 / 9.51 / 2.78-2.73 / -10.03 / 7.30
ATR (14)6.78 (2.60%)15.55 (6.15%)
Bollinger Bands (20, 2)197.36 - 267.43187.50 - 246.20
SMA (20)232.40216.85
SMA (50)215.82246.61
SMA (200)237.41245.47

Price structure

AJG Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price261.23253.09
1-Period Return+3.22%+0.26%
5-Period Return+4.59%+17.10%
20-Period Return+18.26%+17.64%
60-Period Return+17.44%-25.07%
252-Period Return-15.76%+84.48%
52-Week Low190.12190.12
52-Week High313.18313.18
52-Week Position57.78%51.17%

Key levels

AJG Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High261.27256.87
20-Period Low208.08190.12
60-Period High261.27347.32
60-Period Low190.12190.12

Scenarios

AJG Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price sustains above 261.27 (20-day high) with increasing volume, as daily RSI cools below 65, relieving overbought pressure.

Invalidation

Price falls below SMA20 (232.40) on above-average volume, breaking the short-term recovery trend.

What to watch

Daily RSI pulling back from 76.69 without triggering a sharp decline; MACD histogram remaining positive on both timeframes; weekly close staying above SMA50 (246.61).

Range-Bound

Trigger

Price oscillates between SMA20 support (232.40 daily, 216.85 weekly) and the 261.27 resistance zone.

Invalidation

A decisive break above 261.27 with sustained volume, or a breakdown below 232.40 with increasing bearish momentum.

What to watch

RSI gravitating toward 50; MACD histogram flattening on the daily; volume declining on rallies and increasing on dips.

Bearish

Trigger

Price fails to hold above 261.27 and breaks below SMA20 (232.40), with daily RSI crossing below 50.

Invalidation

Price reclaims and holds above 261.27 on above-average volume, negating the failed breakout.

What to watch

Daily MACD histogram turning negative; weekly RSI breaking below 50; sustained weekly closes below SMA50 (246.61).

Methodology

Methodology and Limitations

This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (500 completed bars) ending July 13, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 6, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 13, 2026, weekly July 6, 2026 week. Generated July 14, 2026.