MERCURY GENERAL CORP (MCY) Stock Technical Analysis
NYSE:MCY - New York Stock Exchange, Inc. - US5894001008 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to MCY. Although MCY has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
In the last month MCY has a been trading in the 47.06 - 57.12 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, MCY did better than 82% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
MCY is part of the Insurance industry. There are 143 other stocks in this industry, MCY did better than 66% of them.
MCY is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
MCY has an average technical rating and the quality of the presented setup is also not ideal 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
47.21
57.83
4 important support areas can be observed.
- A support zone ranging from 53.29 to 54.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @51.39 from a trend line in the weekly time frame.
- A support zone ranging from 49.03 to 49.35. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 47.69 to 48.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 56.56 to 57.26. This zone is formed by a combination of multiple trend lines 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
CRS82.67
Mansfield-0.35
10 Day High56.38
10 Day Low51.61
20 Day High57.12
20 Day Low47.06
52 Week High80.72
52 Week Low44.19
Performance
1 Week4.36%
2 Weeks7.21%
1 Month0.54%
3 Month12.76%
6 Month-14.34%
12 Month2.74%
2 Year84.81%
3 Year11.44%
5 Year37.21%
10 Year2.29%
15 Year24.92%
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)0.4
RSI(14)59.15
LBB51.14
UBB55.9
56.2
+1.23 (+2.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg2.24%
1 Week4.36%
2 Weeks7.21%
1 Month0.54%
3 Month12.76%
6 Month-14.34%
12 Month2.74%
2 Year84.81%
3 Year11.44%
5 Year37.21%
10 Year2.29%
15 Year24.92%
Volatility
ATR(14)1.83
ATR(20)%3.79%
ATR Inc-21.7%
Range Today1.97
ADR(20)2.02
ADR(20)%3.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.67
Mansfield-0.35
10 Day High56.38
10 Day Low51.61
20 Day High57.12
20 Day Low47.06
52 Week High80.72
52 Week Low44.19
CS1 End54.88
CR1 Start56.56
Volume & EV
DER(3)-1.34%
DER(5)-0.99%
Volume269.80K
Volume Incr-29.47%
Vol(5)284.76K
Vol(50)472.72K