MERCURY GENERAL CORP (MCY)
US5894001008 - Common Stock
Taking everything into account, MCY scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MCY is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that MCY is one of the better performing stocks in the market, outperforming 93% 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 141 other stocks in this industry. MCY outperforms 95% of them.
MCY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MCY is performing more or less in line with the market.
In the last month MCY has a been trading in the 49.50 - 57.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
28.05
52.18
When analyzing the support we can see 5 important areas.
- A support zone ranging from 48.35 to 48.50. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @47.13 from a horizontal line in the daily time frame.
- Support @45.46 from a trend line in the daily time frame.
- Support @40.33 from a trend line in the daily time frame.
- Support @28.33 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.99
Mansfield2.93
10 Day High57.12
10 Day Low51.17
20 Day High57.12
20 Day Low49.5
52 Week High57.12
52 Week Low26.15
Performance
1 Week-3.67%
2 Weeks1.49%
1 Month0.12%
3 Month24.87%
6 Month74.23%
12 Month69.88%
2 Year2.44%
3 Year-17.04%
5 Year-3.94%
10 Year7.94%
15 Year52.93%
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)-0.08
RSI(14)49.21
LBB49.35
UBB56.55
MERCURY GENERAL CORP
NYSE:MCY (4/26/2024, 7:04:00 PM)
After market: 51.8 +0.14 (+0.27%)51.66
-2.64 (-4.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-4.86%
1 Week-3.67%
2 Weeks1.49%
1 Month0.12%
3 Month24.87%
6 Month74.23%
12 Month69.88%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.77
ATR(20)%3.4%
ATR Inc
Range Today2.66
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 High57.12
10 Day Low51.17
20 Day High57.12
20 Day Low49.5
52 Week High57.12
52 Week Low26.15
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume392.90K
Volume Incr66.68%
Vol(5)370.58K
Vol(50)253.20K