MARKEL GROUP INC (MKL) Stock Technical Analysis
USA - NYSE:MKL - US5705351048 - Common Stock
1941.03 USD
+20.28 (+1.06%)
1930 USD
-11.03 (-0.57%)
Taking everything into account, MKL scores 3 out of 10 in our technical rating. MKL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
MKL 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 MKL is lagging the market slightly.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, MKL outperforms 64% of them, which is more or less in line with the market.
MKL is part of the Insurance industry. There are 146 other stocks in this industry, MKL did better than 68% of them.
In the last month MKL has a been trading in a tight range between 1877.07 and 1974.26.
MKL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1944.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1940.66, a Stop Loss order could be placed below this zone.
More info and screens
1,691.11
2,080.43
We found 2 important support areas.
- A support zone ranging from 1859.26 to 1940.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1708.19 to 1723.02. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1944.39 to 1963.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2002.03 to 2059.83. 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 | NEUTRAL | NEUTRAL | The long term trend for MKL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MKL is neutral. |
| ChartMill Relative Strength | 64.09 | NEUTRAL | MKL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MKL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MKL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MKL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.43 | NEUTRAL | The RSI value for MKL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.96 | POSITIVE | The MACD value suggests MKL has a positive trend. |
| Stochastics (14,3) | 45.46 | NEUTRAL | The Stochastics value for MKL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for MKL suggests low volalility. |
| Average Directional Index/ADX (14) | 18.34 | NEGATIVE | The low ADX value for MKL suggests a weak or negative 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)
1941.03
+20.28 (+1.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.06%
1 Week1.41%
2 Weeks0.31%
1 Month1.51%
3 Month-3.05%
6 Month12.65%
12 Month21.04%
2 Year32%
3 Year60.93%
5 Year108.09%
10 Year123.62%
15 Year479.38%
Volatility
ATR(14)28.1
ATR(20)%1.49%
ATR Inc39.36%
Range Today26.2
ADR(20)28.51
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.09
Mansfield-0.58
10 Day High1946.96
10 Day Low1877.07
20 Day High1974.26
20 Day Low1877.07
52 Week High2075.92
52 Week Low1521.25
CS1 End1940.66
CR1 Start1944.39
Volume & EV
DER(3)2.26%
DER(5)1.77%
Volume39.80K
Volume Incr19.72%
Vol(5)49.84K
Vol(50)44.75K