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MARKEL GROUP INC (MKL) Stock Technical Analysis

NYSE:MKL - New York Stock Exchange, Inc. - US5705351048 - Common Stock

1774.07  +5.03 (+0.28%)

After market: 1774.07 0 (0%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to MKL. In the last year, MKL was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, MKL did better than 79% of all other stocks. We also observe that the gains produced by MKL over the past year are nicely spread over this period.
MKL is part of the Insurance industry. There are 144 other stocks in this industry. MKL outperforms 78% of them.
MKL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MKL has a been trading in the 1641.51 - 1782.88 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Weekly and Daily overview Charts
MKL Weekly chart
MKL Daily chart
Setup Rating and Analysis

3

Although MKL has an excellent technical rating, it does not offer a high 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.

Support and Resistance Analysis

1,506.69

1,802.97

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 1660.13 to 1721.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 1596.34 to 1604.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 1521.91 to 1535.69. 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 1782.93 to 1785.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.85
Mansfield0.28
10 Day High1782.88
10 Day Low1641.51
20 Day High1782.88
20 Day Low1641.51
52 Week High1809.11
52 Week Low1342.66
Performance
1 Week6.86%
2 Weeks3.3%
1 Month3.74%
3 Month11.53%
6 Month12.75%
12 Month22.53%
2 Year25.91%
3 Year43.91%
5 Year51.25%
10 Year159.61%
15 Year445.85%
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)5.05
RSI(14)62.53
LBB1658.3
UBB1781.56
MKL Daily chart

MARKEL GROUP INC

NYSE:MKL (1/17/2025, 8:15:01 PM)

After market: 1774.07 0 (0%)

1774.07

+5.03 (+0.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.28%
1 Week6.86%
2 Weeks3.3%
1 Month3.74%
3 Month11.53%
6 Month12.75%
12 Month22.53%
2 Year25.91%
3 Year43.91%
5 Year51.25%
10 Year159.61%
15 Year445.85%
Volatility
ATR(14)30.79
ATR(20)%1.88%
ATR Inc-26.43%
Range Today13.88
ADR(20)31.55
ADR(20)%1.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.85
Mansfield0.28
10 Day High1782.88
10 Day Low1641.51
20 Day High1782.88
20 Day Low1641.51
52 Week High1809.11
52 Week Low1342.66
CS1 End1721.41
CR1 Start1782.93
Volume & EV
DER(3)-1.11%
DER(5)-1.19%
Volume250.70K
Volume Incr138.68%
Vol(5)113.66K
Vol(50)57.20K