MARSH & MCLENNAN COS (MMC) Stock Technical Analysis
NYSE:MMC - New York Stock Exchange, Inc. - US5717481023 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to MMC. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MMC is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
MMC is part of the Insurance industry. There are 143 other stocks in this industry. MMC outperforms 73% of them.
MMC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MMC is lagging the market slightly.
In the last month MMC has a been trading in the 214.78 - 231.81 range, which is quite wide. It is currently trading near the high of this range.
MMC has an average volume of 2075800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, MMC turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
MMC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 231.84. Right above this resistance zone may be a good entry point.
More info and screens
206.39
235.58
When analyzing the support we can see 4 important areas.
- A support zone ranging from 229.42 to 229.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 221.71 to 225.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 215.75 to 218.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 208.47 to 212.25. 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 231.84 to 233.25. 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
CRS69.3
Mansfield-0.1
10 Day High231.81
10 Day Low225.46
20 Day High231.81
20 Day Low214.78
52 Week High235.5
52 Week Low196.17
Performance
1 Week-0.47%
2 Weeks1.77%
1 Month5.79%
3 Month0.96%
6 Month3%
12 Month12.94%
2 Year41.86%
3 Year48%
5 Year119.98%
10 Year304.31%
15 Year890.57%
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)0.33
RSI(14)64.14
LBB221.26
UBB234.18
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 |
|---|---|---|---|
| 233.26 | 229.41 | 3.85 (1.65%) | 25.00% |
| An entry @233.26. This is a Buy Stop order right above the resistance zone. | An exit @229.41. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.85 points, which is 1.65%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.41%. |
- The distance between exit and entry is rather small compared to the average daily movement of MMC. Please evaluate whether better entry and exit points can be found.
- 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.
230.01
-0.56 (-0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.24%
1 Week-0.47%
2 Weeks1.77%
1 Month5.79%
3 Month0.96%
6 Month3%
12 Month12.94%
2 Year41.86%
3 Year48%
5 Year119.98%
10 Year304.31%
15 Year890.57%
Volatility
ATR(14)2.95
ATR(20)%1.51%
ATR Inc-26.8%
Range Today2.1
ADR(20)3.4
ADR(20)%1.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.3
Mansfield-0.1
10 Day High231.81
10 Day Low225.46
20 Day High231.81
20 Day Low214.78
52 Week High235.5
52 Week Low196.17
CS1 End229.68
CR1 Start231.84
Volume & EV
DER(3)0.79%
DER(5)0.6%
Volume2.19M
Volume Incr-19.44%
Vol(5)1.82M
Vol(50)2.08M