MOODY'S CORP (MCO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MCO - US6153691059 - Common Stock
Taking everything into account, MCO scores 7 out of 10 in our technical rating. MCO has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although MCO 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.
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418.60
When analyzing the support we can see 3 important areas.
- A support zone ranging from 482.01 to 499.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @422.83 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 522.84 to 527.49. 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 MCO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MCO is up. |
| ChartMill Relative Strength | 66.07 | NEUTRAL | MCO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MCO is above 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) | 71.06 | OVERBOUGHT | The high RSI value suggests MCO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.06 | POSITIVE | The MACD value suggests MCO has a positive trend. |
| Stochastics (14,3) | 96.08 | OVERBOUGHT | The high Stochastics value suggests MCO may be overbought. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for MCO suggests low volalility. |
| Average Directional Index/ADX (14) | 19.65 | NEGATIVE | The low ADX value for MCO suggests a weak or negative trend. |
517.28
+1.89 (+0.37%)
MOODY'S CORP / MCO FAQ
What is the ChartMill technical rating of MOODY'S CORP (MCO) stock?
ChartMill assigns a technical rating of 7 / 10 to MCO.
What is the current trend direction of MOODY'S CORP (MCO) stock?
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 71.055. This indicates that the stock is currently overbought.
What is the short term momentum for MCO stock?
The short term momentum for MOODY'S CORP (MCO) is positive.
What is the support and resistance level for MCO stock?
MOODY'S CORP (MCO) has a support level at 499.47 and a resistance level at 522.84. Check the full technical report for our detailed analysis of MCO support and resistance levels.