MARSH & MCLENNAN COS (MMC) Stock Technical Analysis
USA - NYSE:MMC - US5717481023 - Common Stock
189.59 USD
+3.11 (+1.67%)
189.59 USD
0 (0%)
We assign a technical rating of 0 out of 10 to MMC. 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.
When comparing the yearly performance of all stocks, MMC is a bad performer in the overall market: 83% of all stocks are doing better.
MMC is part of the Insurance industry. There are 147 other stocks in this industry, of which 71% are performing better than MMC.
MMC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month MMC has a been trading in the 185.12 - 207.82 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
MMC has an average volume of 2406410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of MMC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
187.68
241.87
We found 1 important support area.
- Support @189.58 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 200.53 to 207.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @211.21 from a horizontal line in the daily time frame.
- Resistance @239.48 from a horizontal line in the daily 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 | 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 | 17.69 | NEGATIVE | MMC has a low relative strength, it was outperformed by 82.31% 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) | DOWN | NEGATIVE | The current price of MMC is below a declining 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) | 33.56 | NEUTRAL | The RSI value for MMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.15 | NEGATIVE | The MACD value suggests MMC has a negative trend. |
| Stochastics (14,3) | 28.66 | NEUTRAL | The Stochastics value for MMC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for MMC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.44 | NEGATIVE | The low ADX value for MMC 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)
189.59
+3.11 (+1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.67%
1 Week-8.42%
2 Weeks-5.74%
1 Month-3.65%
3 Month-10.69%
6 Month-13.85%
12 Month-15.61%
2 Year-0.03%
3 Year17.4%
5 Year83.25%
10 Year240.13%
15 Year658.97%
Volatility
ATR(14)4.16
ATR(20)%2.03%
ATR Inc323.16%
Range Today5.1
ADR(20)3.39
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.69
Mansfield-2.18
10 Day High207.83
10 Day Low185.12
20 Day High207.83
20 Day Low185.12
52 Week High248
52 Week Low185.12
CS1 End189.58
CR1 Start200.53
Volume & EV
DER(3)0.6%
DER(5)0.56%
Volume5.81M
Volume Incr90.05%
Vol(5)4.47M
Vol(50)2.41M