MERCURY GENERAL CORP (MCY)
US5894001008 - Common Stock
We assign a technical rating of 8 out of 10 to MCY. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month MCY has a been trading in the 57.28 - 67.11 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that MCY is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, MCY also shows a nice and consistent pattern of rising prices.
MCY is part of the Insurance industry. There are 140 other stocks in this industry. MCY outperforms 93% of them.
MCY 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 MCY is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Volume is considerably higher in the last couple of days.
Although MCY has an excellent technical rating, it does not present a decent entry opportunity 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
50.20
59.90
2 important support areas can be observed.
- Support @54.08 from a trend line in the daily time frame.
- A support zone ranging from 50.71 to 50.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 58.44 to 59.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.86
Mansfield1.18
10 Day High66.84
10 Day Low57.28
20 Day High67.11
20 Day Low57.28
52 Week High67.11
52 Week Low27.27
Performance
1 Week-5.82%
2 Weeks-11.71%
1 Month-3.21%
3 Month15.16%
6 Month20.31%
12 Month101.48%
2 Year105.52%
3 Year4.92%
5 Year4.53%
10 Year19.67%
15 Year61.44%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.87
RSI(14)39.79
LBB56.52
UBB67.64
MERCURY GENERAL CORP
NYSE:MCY (9/13/2024, 8:04:00 PM)
After market: 58.41 0 (0%)58.41
+0.54 (+0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.93%
1 Week-5.82%
2 Weeks-11.71%
1 Month-3.21%
3 Month15.16%
6 Month20.31%
12 Month101.48%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.95
ATR(20)%2.98%
ATR Inc
Range Today1.15
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High66.84
10 Day Low57.28
20 Day High67.11
20 Day Low57.28
52 Week High67.11
52 Week Low27.27
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume489.70K
Volume Incr41.22%
Vol(5)356.26K
Vol(50)246.01K