MARKEL GROUP INC (MKL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MKL - US5705351048 - Common Stock
2168.12 USD
+42.29 (+1.99%)
2168.12 USD
0 (0%)
We assign a technical rating of 10 out of 10 to MKL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MKL is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that MKL is one of the better performing stocks in the market, outperforming 83% of all stocks. We also observe that the gains produced by MKL over the past year are nicely spread over this period.
MKL is part of the Insurance industry. There are 147 other stocks in this industry. MKL outperforms 89% of them.
A new 52 week high is currently being made by MKL, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month MKL has a been trading in the 2009.99 - 2169.95 range, which is quite wide. It is currently trading near the high of this range.
Although MKL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1,724.77
2,189.80
We found 6 important support areas.
- A support zone ranging from 2067.47 to 2095.49. 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 1996.37 to 2034.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1963.49 from a horizontal line in the daily time frame.
- Support @1924.72 from a trend line in the weekly time frame.
- A support zone ranging from 1858.59 to 1878.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1742.19 from a trend line in the weekly 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 MKL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MKL is up. |
| ChartMill Relative Strength | 83.04 | POSITIVE | MKL has a high relative strength, it outperformed 83.04% off all stocks 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) | UP | POSITIVE | The current price of MKL is above the rising 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) | 75.41 | OVERBOUGHT | The high RSI value suggests MKL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.72 | POSITIVE | The MACD value suggests MKL has a positive trend. |
| Stochastics (14,3) | 90.8 | OVERBOUGHT | The high Stochastics value suggests MKL may be overbought. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for MKL suggests low volalility. |
| Average Directional Index/ADX (14) | 17.75 | 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)
2168.12
+42.29 (+1.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.99%
1 Week5.87%
2 Weeks4.21%
1 Month4.13%
3 Month10.95%
6 Month12.41%
12 Month24.91%
2 Year52.7%
3 Year64.56%
5 Year109.83%
10 Year145.44%
15 Year473.38%
Volatility
ATR(14)35.03
ATR(20)%1.61%
ATR Inc40.04%
Range Today41.45
ADR(20)34.06
ADR(20)%1.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.04
3 months CRS82.93
6 months CRS65.84
Mansfield0.22
10 Day High2169.95
10 Day Low2018.45
20 Day High2169.95
20 Day Low2009.99
52 Week High2169.95
52 Week Low1621.89
CS1 End2095.49
CR1 StartN/A
Volume & EV
DER(3)3.3%
DER(5)2.09%
Volume52.60K
Volume Incr28.24%
Vol(5)55.00K
Vol(50)43.74K
MARKEL GROUP INC / MKL FAQ
What is the ChartMill technical rating of MARKEL GROUP INC (MKL) stock?
ChartMill assigns a technical rating of 10 / 10 to MKL.
What is the current trend direction of MARKEL GROUP INC (MKL) stock?
The current trend direction for MARKEL GROUP INC (MKL) is Bullish.
Can you provide the RSI signal for MARKEL GROUP INC?
MARKEL GROUP INC (MKL) has an RSI value of 75.4137. This indicates that the stock is currently overbought.
What is the MACD signal for MKL stock?
The MACD indicator for MARKEL GROUP INC (MKL) has a value of 4.71809, indicating a bullish trend.
What is the short term momentum for MARKEL GROUP INC (MKL) stock?
The short term momentum for MARKEL GROUP INC (MKL) is positive.