MOELIS & CO - CLASS A (MC) Stock Technical Analysis
NYSE:MC - New York Stock Exchange, Inc. - US60786M1053 - Common Stock - Currency: USD
Overall MC gets a technical rating of 2 out of 10. MC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When compared to the yearly performance of all other stocks, MC outperforms 57% of them, which is more or less in line with the market.
MC is part of the Capital Markets industry. There are 232 other stocks in this industry, MC did better than 62% of them.
MC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MC is lagging the market.
In the last month MC has a been trading in the 54.83 - 62.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, MC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 58.65, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
49.25
81.29
We found 5 important support areas.
- A support zone ranging from 57.80 to 58.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @56.54 from a horizontal line in the daily time frame.
- Support @51.98 from a trend line in the weekly time frame.
- Support @50.55 from a horizontal line in the weekly time frame.
- Support @49.75 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 61.48 to 61.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @62.99 from a horizontal line in the daily time frame.
- Resistance @80.49 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MC is neutral. |
| ChartMill Relative Strength | 57.17 | NEUTRAL | MC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.07 | NEUTRAL | The RSI value for MC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 75.47 | NEUTRAL | The Stochastics value for MC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for MC suggests some volalility. |
| Average Directional Index/ADX (14) | 10.61 | NEGATIVE | The low ADX value for MC suggests a weak or negative trend. |
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)
58.91
+0.91 (+1.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.57%
1 Week2.79%
2 Weeks1.81%
1 Month-3.09%
3 Month-1.07%
6 Month-20.32%
12 Month12.4%
2 Year29.93%
3 Year49.71%
5 Year89.06%
10 Year105.19%
15 YearN/A
Volatility
ATR(14)1.4
ATR(20)%2.5%
ATR Inc-19.11%
Range Today1.65
ADR(20)1.4
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.17
Mansfield-1.48
10 Day High59.16
10 Day Low55.92
20 Day High62.1
20 Day Low54.83
52 Week High82.89
52 Week Low47
CS1 End58.65
CR1 Start61.48
Volume & EV
DER(3)0.88%
DER(5)0.4%
Volume879.40K
Volume Incr-1.85%
Vol(5)829.80K
Vol(50)987.82K