MERCURY GENERAL CORP (MCY) Stock Technical Analysis
NYSE:MCY - New York Stock Exchange, Inc. - US5894001008 - Common Stock
We assign a technical rating of 0 out of 10 to MCY. MCY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
69% of all other stocks performed better in the past year than MCY.
MCY is one of the lesser performing stocks in the Insurance industry. 67% of 143 stocks in the same industry do better.
MCY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MCY has a been trading in the 44.19 - 69.94 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
The technical rating of MCY is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
47.70
53.44
When analyzing the support we notice one important area.
- Support @48.18 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @52.91 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
CRS31.89
Mansfield-2.13
10 Day High66.35
10 Day Low44.19
20 Day High69.94
20 Day Low44.19
52 Week High80.72
52 Week Low37.89
Performance
1 Week6.17%
2 Weeks-23.81%
1 Month-25.69%
3 Month-25.28%
6 Month-13.85%
12 Month21.08%
2 Year40.19%
3 Year-8.36%
5 Year2.04%
10 Year-12.35%
15 Year31.06%
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)-1.16
RSI(14)29.09
LBB41.6
UBB73.14
MERCURY GENERAL CORP
NYSE:MCY (1/21/2025, 8:13:29 PM)
After market: 50.08 -0.01 (-0.02%)50.09
+1.9 (+3.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg3.94%
1 Week6.17%
2 Weeks-23.81%
1 Month-25.69%
3 Month-25.28%
6 Month-13.85%
12 Month21.08%
2 Year40.19%
3 Year-8.36%
5 Year2.04%
10 Year-12.35%
15 Year31.06%
Volatility
ATR(14)3.73
ATR(20)%6.31%
ATR Inc1.57%
Range Today1.78
ADR(20)2.46
ADR(20)%4.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.89
Mansfield-2.13
10 Day High66.35
10 Day Low44.19
20 Day High69.94
20 Day Low44.19
52 Week High80.72
52 Week Low37.89
CS1 End48.18
CR1 Start52.91
Volume & EV
DER(3)1.44%
DER(5)0.26%
Volume1.51M
Volume Incr118.39%
Vol(5)1.28M
Vol(50)490.35K