MERCURY GENERAL CORP (MCY) Stock Technical Analysis
NYSE:MCY - New York Stock Exchange, Inc. - US5894001008 - Common Stock - Currency: USD
Overall MCY gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MCY has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, MCY did better than 80% of all other stocks.
MCY is part of the Insurance industry. There are 143 other stocks in this industry. MCY outperforms 87% 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.
MCY is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, MCY also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 70.63, a Stop Loss order could be placed below this zone.
More info and screens
47.21
73.78
7 important support areas can be observed.
- Support @72.14 from a trend line in the daily time frame.
- A support zone ranging from 69.47 to 70.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @62.81 from a horizontal line in the daily time frame.
- Support @55.61 from a trend line in the weekly time frame.
- Support @53.84 from a trend line in the weekly time frame.
- Support @51.80 from a trend line in the daily time frame.
- Support @47.69 from a horizontal line 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 | UP | POSITIVE | The long term trend for MCY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MCY is up. |
| ChartMill Relative Strength | 80.97 | POSITIVE | MCY has a high relative strength, it outperformed 80.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MCY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MCY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MCY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.4 | NEUTRAL | The RSI value for MCY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MCY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.33 | NEUTRAL | The Stochastics value for MCY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for MCY suggests some volalility. |
| Average Directional Index/ADX (14) | 31.24 | POSITIVE | The high ADX value value for MCY suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 72.15 | 69.46 | 2.69 (3.73%) | 25.00% |
| An entry @72.15. This is a Buy Stop order right above the resistance zone. | An exit @69.46. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.69 points, which is 3.73%. | For a 0.93% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MCY. Please evaluate whether better entry and exit points can be found.
- 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.
NYSE:MCY (8/12/2025, 11:50:52 AM)
73.05
+1.49 (+2.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg2.08%
1 Week-0.18%
2 Weeks2.35%
1 Month4.8%
3 Month15.85%
6 Month30.56%
12 Month17.74%
2 Year150.12%
3 Year124.33%
5 Year59.98%
10 Year40.7%
15 Year82.46%
Volatility
ATR(14)2.24
ATR(20)%2.9%
ATR Inc-34.52%
Range Today1.55
ADR(20)2.02
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.97
Mansfield0.6
10 Day High74.28
10 Day Low66.57
20 Day High74.28
20 Day Low66.06
52 Week High80.72
52 Week Low44.19
CS1 End70.63
CR1 Start72.14
Volume & EV
DER(3)2.23%
DER(5)1.55%
Volume78.30K
Volume Incr-14.83%
Vol(5)261.42K
Vol(50)294.83K