MARKEL GROUP INC (MKL) Stock Technical Analysis
NYSE:MKL - New York Stock Exchange, Inc. - US5705351048 - Common Stock - Currency: USD
Taking everything into account, MKL scores 5 out of 10 in our technical rating. Although MKL is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Looking at the yearly performance, MKL did better than 87% of all other stocks. On top of that, MKL also shows a nice and consistent pattern of rising prices.
MKL is part of the Insurance industry. There are 143 other stocks in this industry. MKL outperforms 73% of them.
In the last month MKL has a been trading in the 1621.89 - 1882.44 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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
MKL is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is only medium, MKL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1804.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1802.78, a Stop Loss order could be placed below this zone.
More info and screens
1,640.35
1,952.77
3 important support areas can be observed.
- A support zone ranging from 1778.45 to 1802.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1723.02 to 1747.31. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 1656.92 to 1695.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 1804.65 to 1834.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1933.44 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.28
Mansfield1
10 Day High1836.02
10 Day Low1698.99
20 Day High1882.44
20 Day Low1621.89
52 Week High2063.68
52 Week Low1436
Performance
1 Week1.96%
2 Weeks2.27%
1 Month-3.66%
3 Month-0.44%
6 Month16.35%
12 Month25.52%
2 Year31.76%
3 Year33.24%
5 Year108.25%
10 Year143.46%
15 Year370.99%
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)6.88
RSI(14)50.65
LBB1682.89
UBB1845.26
1803.15
-5.26 (-0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.29%
1 Week1.96%
2 Weeks2.27%
1 Month-3.66%
3 Month-0.44%
6 Month16.35%
12 Month25.52%
2 Year31.76%
3 Year33.24%
5 Year108.25%
10 Year143.46%
15 Year370.99%
Volatility
ATR(14)60.47
ATR(20)%3.26%
ATR Inc-67.34%
Range Today21.07
ADR(20)55.66
ADR(20)%3.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.28
Mansfield1
10 Day High1836.02
10 Day Low1698.99
20 Day High1882.44
20 Day Low1621.89
52 Week High2063.68
52 Week Low1436
CS1 End1802.78
CR1 Start1804.65
Volume & EV
DER(3)0.4%
DER(5)-0.77%
Volume73.50K
Volume Incr-9%
Vol(5)56.54K
Vol(50)60.24K