MOELIS & CO - CLASS A (MC) Technical Analysis
NYSE:MC • US60786M1053
Overall MC gets a technical rating of 0 out of 10. MC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, MC is a bad performer in the overall market: 82% of all stocks are doing better.
- MC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month MC has a been trading in the 52.00 - 74.33 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- MC has an average volume of 1080450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- MC is an average performer in the Capital Markets industry, it outperforms 40% of 242 stocks in the same industry.
The technical rating of MC is bad and it also does not present a 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.
More info and screens
49.25
2 important support areas can be observed.
- 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 58.24 to 58.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @66.95 from a trend line in the daily time frame.
- A resistance zone ranging from 77.01 to 78.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for MC is down. |
| ChartMill Relative Strength | 18.9 | NEGATIVE | MC has a low relative strength, it was outperformed by 81.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MC is below a declining 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) | 28.14 | OVERSOLD | The low RSI value suggests MC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests MC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.84 | OVERSOLD | The low Stochastics value suggests MC may be oversold. |
| Average True Range in percent/ATR (20) | 5.49 | HIGH VOLATILITY | The high ATR as a percentage value for MC suggests high volalility. |
| Average Directional Index/ADX (14) | 39.09 | POSITIVE | The high ADX value value for MC suggests a strong trend. |
MC Technicals: Chart, Performance Metrics, Trend & Indicators
55
+0.08 (+0.15%)
MOELIS & CO - CLASS A / MC FAQ
What is the ChartMill technical rating of MOELIS & CO - CLASS A (MC) stock?
ChartMill assigns a technical rating of 0 / 10 to MC.
What is the trend direction for MC stock?
The current trend direction for MOELIS & CO - CLASS A (MC) is Bearish.
What is the RSI signal for MC stock?
MOELIS & CO - CLASS A (MC) has an RSI value of 28.1401. This indicates that the stock is currently oversold.
Can you provide the MACD signal for MOELIS & CO - CLASS A?
The MACD indicator for MOELIS & CO - CLASS A (MC) has a value of -0.555066, indicating a bearish trend.
What are the support and resistance levels for MOELIS & CO - CLASS A (MC) stock?
MOELIS & CO - CLASS A (MC) has a support level at 50.55 and a resistance level at 58.24. Check the full technical report for our detailed analysis of MC support and resistance levels.