MARKEL GROUP INC (MKL)

US5705351048 - Common Stock

1570.59  -14.07 (-0.89%)

After market: 1570.59 0 (0%)

Technical Rating and Analysis

3

Overall MKL gets a technical rating of 3 out of 10. In the past year, MKL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, MKL is a bad performer in the overall market: 70% of all stocks are doing better.
MKL is one of the lesser performing stocks in the Insurance industry. 74% of 140 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
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.
In the last month MKL has a been trading in the 1494.00 - 1613.95 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Weekly and Daily overview Charts
MKL Weekly chart
MKL Daily chart
Setup Rating and Analysis

8

MKL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1565.67, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

1,323.59

1,679.85

5 important support areas can be observed.

  • A support zone ranging from 1533.39 to 1565.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 1484.64 to 1500.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @1436.46 from a horizontal line in the daily time frame.
  • Support @1410.00 from a horizontal line in the daily time frame.
  • Support @1336.96 from a horizontal line in the weekly time frame.

We can see 3 important resistance areas.

  • Resistance @1575.15 from a trend line in the weekly time frame.
  • Resistance @1620.22 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 1663.21 to 1663.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.66
Mansfield-0.76
10 Day High1597.83
10 Day Low1494
20 Day High1613.95
20 Day Low1494
52 Week High1670.24
52 Week Low1295.65
Performance
1 Week0.84%
2 Weeks2.4%
1 Month0.42%
3 Month-0.15%
6 Month3.42%
12 Month2.91%
2 Year44.86%
3 Year31.42%
5 Year32.89%
10 Year146.89%
15 Year376.2%
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)2.65
RSI(14)52.34
LBB1521.7
UBB1595.84
MKL Daily chart

MARKEL GROUP INC

NYSE:MKL (9/20/2024, 8:07:58 PM)

After market: 1570.59 0 (0%)

1570.59

-14.07 (-0.89%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.89%
1 Week0.84%
2 Weeks2.4%
1 Month0.42%
3 Month-0.15%
6 Month3.42%
12 Month2.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)29.86
ATR(20)%1.87%
ATR Inc
Range Today17.91
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 High1597.83
10 Day Low1494
20 Day High1613.95
20 Day Low1494
52 Week High1670.24
52 Week Low1295.65
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume59.90K
Volume Incr17.47%
Vol(5)34.65K
Vol(50)36.38K