MOODY'S CORP (MCO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MCO - US6153691059 - Common Stock
We assign a technical rating of 8 out of 10 to MCO. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MCO is only an average performer.
- The long and short term trends are both positive. This is looking good!
- MCO is one of the better performing stocks in the Capital Markets industry, it outperforms 74% of 238 stocks in the same industry.
- MCO 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 MCO is lagging the market slightly.
- When compared to the yearly performance of all other stocks, MCO outperforms 62% of them, which is more or less in line with the market.
- In the last month MCO has a been trading in the 496.59 - 546.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MCO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 512.43, a Stop Loss order could be placed below this zone.
More info and screens
421.49
We found 4 important support areas.
- A support zone ranging from 503.33 to 512.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 487.18 to 492.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 468.55 to 471.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @425.75 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 525.85 to 539.62. This zone is formed by a combination of multiple trend lines and important moving averages 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 MCO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MCO is up. |
| ChartMill Relative Strength | 62.61 | NEUTRAL | MCO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MCO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MCO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.14 | NEUTRAL | The RSI value for MCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.89 | NEGATIVE | The MACD value suggests MCO has a negative trend. |
| Stochastics (14,3) | 58.11 | NEUTRAL | The Stochastics value for MCO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for MCO suggests low volalility. |
| Average Directional Index/ADX (14) | 19.67 | NEGATIVE | The low ADX value for MCO suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 539.63 | 514.29 | 25.35 (4.70%) | 21.29% |
| An entry @539.63. This is a Buy Stop order right above the resistance zone. | An exit @514.28. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 25.35 points, which is 4.70%. | For a 1.00% total portfolio risk, you can invest 21.29% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
524.04
-6.2 (-1.17%)
MOODY'S CORP / MCO FAQ
What is the ChartMill technical rating of MOODY'S CORP (MCO) stock?
ChartMill assigns a technical rating of 8 / 10 to MCO.
Can you provide the trend direction for MOODY'S CORP?
The current trend direction for MOODY'S CORP (MCO) is Bullish.
What is the RSI signal for MOODY'S CORP (MCO) stock?
MOODY'S CORP (MCO) has an RSI value of 53.1368. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for MOODY'S CORP?
The buy/sell signal for MOODY'S CORP (MCO) is buy as both the short term and long term trends are positive.
What is the support and resistance level for MCO stock?
MOODY'S CORP (MCO) has a support level at 512.43 and a resistance level at 525.85. Check the full technical report for our detailed analysis of MCO support and resistance levels.