The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 5/22/2026 -
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Arthur J. Gallagher & Co. (AJG) Technical Analysis

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Summary:
Weekly :Overbought sectorWeekly  MACD line has moved above its signal line
Daily :Daily  MACD line has moved above its signal line
Move cursor over the icon to see details.

It was a second positive week after 3 consecutive negative weeks for the Arthur J. Gallagher & Co. (AJG). During the week, the AJG gained 4.80 points, or 2.40%, and closed at 204.75 on Friday, May 22, 2026. Weekly volume was -15% below average.

AJG is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See AJG long-term trend chart]
A long-term downtrend had started on June 3, 2025 at 351.23 and reached 190.75 on May 13, 2026. AJG lost 160.48 points, or 45.69%, in 49 weeks. The price is now at the 8.72% retracement level.

Medium-term trend: [See AJG medium-term trend chart]
A medium-term downtrend had started on March 5, 2026 at 231.10 and reached 190.75 on May 13, 2026. AJG lost 40.35 points, or 17.46%, in 9 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 188.67 and resistance is at 222.33. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See AJG weekly technical indicators chart]
Weekly technical indicators are neutral.

During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.

Short-term trend: [See AJG short-term trend chart]
A short-term uptrend had started on May 13, 2026 at 190.75 and reached 210.24 on May 19, 2026. AJG gained -19.49 points, or -10.22%, in 6 days. The price is now at the 28.17% retracement level.

Daily Technical Indicators: [See AJG daily technical indicators chart]
Daily technical indicators are neutral.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 47.75
Williams' Percentage Range (W%R) 44.00
Lane's Stochastic (%D-Slow) 75.59
Greed/Fear Indicator (GFI) 59.77
Moving Average Converg./Diverg. (MACD) -3.96
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.25
Williams' Percentage Range (W%R) 79.30
Lane's Stochastic (%D-Slow) 32.08
Greed/Fear Indicator (GFI) 32.39
Moving Average Converg./Diverg. (MACD) -17.02
Trading Signals
Description Value Chart
Monthly Trendline Resistance 222.33
Upper Bollinger Band 217.10
50 Day Moving Average 211.50
Daily Stochastic Crossing 204.80
Price 204.75
20 Day Moving Average 203.87
Weekly Stochastic Crossing 199.34
Parabolic System 198.25
Lower Bollinger Band 193.72
Monthly Trendline Support 188.67
Sector and Industry
Description Name Rank
Sector Financials 9
Industry Insurance Brokers 65
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 190.75
Low Date 05/13/2026
High 210.24
High Date 05/19/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 226.00
High Date 04/21/2026
Low 190.75
Low Date 05/13/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 222.33
Support 188.67
High 231.10
High Date 03/05/2026
Low 190.75
Low Date 05/13/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 351.23
High Date 06/03/2025
Low 190.75
Low Date 05/13/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 14.82
Low Date 03/04/2009
High 351.23
High Date 06/03/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.