MERCURY GENERAL CORP (MCY) Stock Technical Analysis
NYSE:MCY - New York Stock Exchange, Inc. - US5894001008 - Common Stock - Currency: USD
Overall MCY gets a technical rating of 1 out of 10. MCY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
82% of all other stocks performed better in the past year than MCY.
MCY is part of the Insurance industry. There are 143 other stocks in this industry, of which 85% are performing better than MCY.
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 47.31 - 62.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MCY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 51.40, a Stop Loss order could be placed below this zone.
More info and screens
46.70
57.74
When analyzing the support we can see 4 important areas.
- A support zone ranging from 51.09 to 51.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @49.67 from a trend line in the weekly time frame.
- Support @48.18 from a horizontal line in the weekly time frame.
- Support @47.17 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 54.32 to 54.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 56.57 to 57.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.97
Mansfield-1.72
10 Day High62.84
10 Day Low49.13
20 Day High62.84
20 Day Low47.31
52 Week High80.72
52 Week Low44.19
Performance
1 Week-7.66%
2 Weeks2.29%
1 Month4.27%
3 Month-32.41%
6 Month-16.45%
12 Month3.63%
2 Year53.39%
3 Year-5.04%
5 Year20.6%
10 Year-4.22%
15 Year27.2%
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)0.74
RSI(14)46.13
LBB47.71
UBB56.13
52.23
-0.05 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.1%
1 Week-7.66%
2 Weeks2.29%
1 Month4.27%
3 Month-32.41%
6 Month-16.45%
12 Month3.63%
2 Year53.39%
3 Year-5.04%
5 Year20.6%
10 Year-4.22%
15 Year27.2%
Volatility
ATR(14)2.89
ATR(20)%5.5%
ATR Inc-36.94%
Range Today1.76
ADR(20)2.74
ADR(20)%5.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.97
Mansfield-1.72
10 Day High62.84
10 Day Low49.13
20 Day High62.84
20 Day Low47.31
52 Week High80.72
52 Week Low44.19
CS1 End51.4
CR1 Start54.32
Volume & EV
DER(3)-0.08%
DER(5)0.25%
Volume647.00K
Volume Incr-33.97%
Vol(5)727.86K
Vol(50)824.81K