MARSH & MCLENNAN COS (MMC) Technical Analysis
NYSE:MMC • US5717481023
Current stock price
MMC Technical Rating and Analysis
Overall MMC gets a technical rating of 1 out of 10. MMC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 78% of all other stocks performed better in the past year than MMC.
- MMC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MMC is lagging the market.
- MMC has an average volume of 2648340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- MMC is an average performer in the Insurance industry, it outperforms 42% of 148 stocks in the same industry.
- In the last month MMC has a been trading in a tight range between 180.61 and 188.75.
MMC Weekly and Daily overview Charts
MMC Setup Rating and Analysis
MMC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 180.93, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
MMC Support and Resistance Analysis
174.80
When analyzing the support we notice one important area.
- A support zone ranging from 176.57 to 180.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 183.06 to 188.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @196.37 from a trend line in the daily time frame.
- Resistance @211.21 from a horizontal line in the daily time frame.
MMC Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for MMC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MMC is neutral. |
| ChartMill Relative Strength | 22.25 | NEGATIVE | MMC has a low relative strength, it was outperformed by 77.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MMC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MMC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MMC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.68 | NEUTRAL | The RSI value for MMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests MMC has a negative trend. |
| Stochastics (14,3) | 52.85 | NEUTRAL | The Stochastics value for MMC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for MMC suggests low volalility. |
| Average Directional Index/ADX (14) | 13.22 | NEGATIVE | The low ADX value for MMC suggests a weak or negative trend. |
MMC Chart- and CandleStick Pattern Analysis
MMC Technicals: Chart, Performance Metrics, Trend & Indicators
182.7
-2.93 (-1.58%)
MARSH & MCLENNAN COS / MMC TA FAQ
What is the technical rating for MMC stock?
ChartMill assigns a technical rating of 1 / 10 to MMC.
What is the trend direction for MMC stock?
The current trend direction for MARSH & MCLENNAN COS (MMC) is Bearish.
What is the RSI signal for MMC stock?
MARSH & MCLENNAN COS (MMC) has an RSI value of 44.6804. This indicates that the stock is currently neutral.
What is the MACD signal for MARSH & MCLENNAN COS (MMC) stock?
The MACD indicator for MARSH & MCLENNAN COS (MMC) has a value of -0.283372, indicating a bearish trend.
What is the short term momentum for MARSH & MCLENNAN COS (MMC) stock?
The short term momentum for MARSH & MCLENNAN COS (MMC) is neutral.