MOELIS & CO - CLASS A (MC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MC - US60786M1053 - Common Stock
Taking everything into account, MC scores 2 out of 10 in our technical rating. 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.
Although the technical rating is bad, MC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 65.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 63.25, a Stop Loss order could be placed below this zone.
More info and screens
49.25
3 important support areas can be observed.
- A support zone ranging from 62.72 to 63.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 60.61 to 61.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @49.75 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 65.25 to 66.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @72.09 from a horizontal line in the daily time frame.
- Resistance @77.01 from a horizontal line in the weekly time frame.
- Resistance @78.80 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for MC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MC is neutral. |
| ChartMill Relative Strength | 23.21 | NEGATIVE | MC has a low relative strength, it was outperformed by 76.79% off all stocks 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) | DOWN | NEGATIVE | The current price of MC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.67 | NEUTRAL | The RSI value for MC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests MC has a positive trend. |
| Stochastics (14,3) | 68.96 | NEUTRAL | The Stochastics value for MC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for MC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.3 | NEUTRAL | The ADX value for MC suggests a possible start of a new trend. |
65.24
+1.74 (+2.74%)
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 2 / 10 to MC.
Can you provide the trend direction for MOELIS & CO - CLASS A?
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 53.673. This indicates that the stock is currently neutral.
What is the short term momentum for MC stock?
The short term momentum for MOELIS & CO - CLASS A (MC) is neutral.