MERCURY GENERAL CORP (MCY)
US5894001008 - Common Stock
Overall MCY gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MCY has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, MCY did better than 94% of all other stocks. We also observe that the gains produced by MCY over the past year are nicely spread over this period.
MCY is one of the better performing stocks in the Insurance industry, it outperforms 95% of 140 stocks in the same industry.
A new 52 week high is currently being made by MCY, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month MCY has a been trading in the 65.50 - 76.61 range, which is quite wide. It is currently trading near the high of this range.
MCY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
50.24
77.22
When analyzing the support we can see 4 important areas.
- Support @68.62 from a trend line in the daily time frame.
- A support zone ranging from 64.82 to 67.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @63.73 from a trend line in the daily time frame.
- Support @50.75 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.53
Mansfield2.73
10 Day High76.61
10 Day Low70.85
20 Day High76.61
20 Day Low65.5
52 Week High76.61
52 Week Low36.37
Performance
1 Week4.17%
2 Weeks5.27%
1 Month12.42%
3 Month22.32%
6 Month33.88%
12 Month107.38%
2 Year110.75%
3 Year49.86%
5 Year56.1%
10 Year38.61%
15 Year106.98%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.12
RSI(14)67.79
LBB67.78
UBB78.07
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 76.62 | 70.84 | 5.78 (7.54%) | 13.26% |
| An entry @76.62. This is a Buy Stop order right above the 10 day high. | An exit @70.84. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.78 points, which is 7.54%. | When investing 13.26% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MERCURY GENERAL CORP
NYSE:MCY (11/21/2024, 8:04:00 PM)
After market: 75.75 -0.71 (-0.93%)76.46
+2.73 (+3.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg3.7%
1 Week4.17%
2 Weeks5.27%
1 Month12.42%
3 Month22.32%
6 Month33.88%
12 Month107.38%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.31
ATR(20)%3.28%
ATR Inc
Range Today2.4
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High76.61
10 Day Low70.85
20 Day High76.61
20 Day Low65.5
52 Week High76.61
52 Week Low36.37
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume267.80K
Volume Incr-21.49%
Vol(5)213.34K
Vol(50)267.53K