NASDAQ:MRCY - Nasdaq - US5893781089 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to MRCY. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, MRCY 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 very little resistance above the current price. There is a support zone below the current price at 43.53, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MRCY in the last couple of days, which is a good sign.
32.54
6 important support areas can be observed.
We found 1 important resistance area.
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 |
---|---|---|---|
45.37 | 42.45 | 2.92 (6.44%) | 15.54% |
An entry @45.37. This is a Buy Stop order right above the resistance zone. | An exit @42.45. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.92 points, which is 6.44%. | For a 1.00% total portfolio risk, you can invest 15.54% of your capital in this trade. |
43.84
+0.04 (+0.09%)