MOELIS & CO - CLASS A (MC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MC - US60786M1053 - Common Stock
Overall MC gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MC is only an average performer.
- The long and short term trends are both positive. This is looking good!
- MC is part of the Capital Markets industry. There are 238 other stocks in this industry. MC outperforms 71% of them.
- MC 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 MC is lagging the market slightly.
- In the last month MC has a been trading in the 68.57 - 78.22 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, MC outperforms 59% of them, which is more or less in line with the market.
Although MC has an excellent technical rating, the quality of the presented setup is not ideal 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
When analyzing the support we can see 7 important areas.
- Support @77.01 from a horizontal line in the weekly time frame.
- A support zone ranging from 75.22 to 75.44. 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 70.52 to 71.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 68.28 to 69.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @65.67 from a trend line in the weekly time frame.
- Support @63.09 from a horizontal line in the weekly time frame.
- Support @49.75 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 77.75 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 | UP | POSITIVE | The long term trend for MC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MC is up. |
| ChartMill Relative Strength | 59.52 | NEUTRAL | MC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MC is above the rising 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) | UP | POSITIVE | The current price of MC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.48 | NEUTRAL | The RSI value for MC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests MC has a positive trend. |
| Stochastics (14,3) | 84.67 | OVERBOUGHT | The high Stochastics value suggests MC may be overbought. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for MC suggests some volalility. |
| Average Directional Index/ADX (14) | 26.69 | POSITIVE | The high ADX value value for MC suggests a strong trend. |
77.52
-0.23 (-0.3%)
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 8 / 10 to MC.
What is the trend direction for MC stock?
The current trend direction for MOELIS & CO - CLASS A (MC) is Bullish.
What is the RSI signal for MC stock?
MOELIS & CO - CLASS A (MC) has an RSI value of 67.4844. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MOELIS & CO - CLASS A?
The MACD indicator for MOELIS & CO - CLASS A (MC) has a value of 0.246807, 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 77.01 and a resistance level at 77.75. Check the full technical report for our detailed analysis of MC support and resistance levels.