MOODY'S CORP (MCO) Stock Technical Analysis
NYSE:MCO • US6153691059
Overall MCO gets a technical rating of 0 out of 10. MCO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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, MCO is a bad performer in the overall market: 82% of all stocks are doing better.
- MCO is one of the lesser performing stocks in the Capital Markets industry. 63% of 237 stocks in the same industry do better.
- MCO 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 MCO has a been trading in the 402.28 - 534.60 range, which is quite wide. It is currently trading near the lows of this range.
- MCO has an average volume of 1079980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
MCO has a poor technical rating and the quality of the setup is also not perfect 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
418.98
We found 1 important support area.
- Support @423.21 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 492.10 to 498.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | DOWN | NEGATIVE | The long term trend for MCO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MCO is down. |
| ChartMill Relative Strength | 18.95 | NEGATIVE | MCO has a low relative strength, it was outperformed by 81.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MCO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MCO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.49 | OVERSOLD | The low RSI value suggests MCO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -7.85 | NEGATIVE | The MACD value suggests MCO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.75 | OVERSOLD | The low Stochastics value suggests MCO may be oversold. |
| Average True Range in percent/ATR (20) | 3.92 | MEDIUM VOLATILITY | The ATR as a percentage value for MCO suggests some volalility. |
| Average Directional Index/ADX (14) | 43.73 | POSITIVE | The high ADX value value for MCO suggests a strong trend. |
423.22
-3.22 (-0.76%)
MOODY'S CORP / MCO FAQ
What is the ChartMill technical rating of MOODY'S CORP (MCO) stock?
ChartMill assigns a technical rating of 0 / 10 to MCO.
Can you provide the trend direction for MOODY'S CORP?
The current trend direction for MOODY'S CORP (MCO) is Bearish.
What is the RSI signal for MOODY'S CORP (MCO) stock?
MOODY'S CORP (MCO) has an RSI value of 24.4869. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for MOODY'S CORP?
The buy/sell signal for MOODY'S CORP (MCO) is sell as both the short term and long term trends are negative.
What is the support and resistance level for MCO stock?
MOODY'S CORP (MCO) has a support level at 423.21 and a resistance level at 492.1. Check the full technical report for our detailed analysis of MCO support and resistance levels.