MARSH & MCLENNAN COS (MMC)

US5717481023 - Common Stock

205.61  +2.24 (+1.1%)

After market: 203 -2.61 (-1.27%)

Technical Rating and Analysis

8

Overall MMC gets a technical rating of 8 out of 10. In the last year, MMC was one of the better performers, but we do observe some doubts in the very recent evolution.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that MMC is one of the better performing stocks in the market, outperforming 75% of all stocks. On top of that, MMC also shows a nice and consistent pattern of rising prices.
MMC 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 MMC is lagging the market slightly.
MMC has an average volume of 1699280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MMC is part of the Insurance industry. There are 140 other stocks in this industry, MMC did better than 61% of them.
In the last month MMC has a been trading in a tight range between 199.76 and 209.20.
Weekly and Daily overview Charts
MMC Weekly chart
MMC Daily chart
Setup Rating and Analysis

6

MMC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.

Support and Resistance Analysis

172.76

209.99

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 196.61 to 200.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Strong support @188.42 from a horizontal line in the daily time frame.
  • A support zone ranging from 183.99 to 184.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @174.51 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 206.08 to 207.91. 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
CRS75.11
Mansfield-0.69
10 Day High209.2
10 Day Low202.5
20 Day High209.2
20 Day Low199.76
52 Week High209.2
52 Week Low165.86
Performance
1 Week-0.41%
2 Weeks-1.1%
1 Month-0.23%
3 Month8.52%
6 Month8.05%
12 Month23.45%
2 Year20.65%
3 Year68.81%
5 Year118.97%
10 Year317.06%
15 Year915.36%
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)-0.56
RSI(14)57.05
LBB203.01
UBB208.76
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
207.92202.495.43 (2.61%)25.00%
An entry @207.92. This is a Buy Stop order right above the resistance zone.An exit @202.49. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 5.43 points, which is 2.61%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.65%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MMC Daily chart

MARSH & MCLENNAN COS

NYSE:MMC (3/27/2024, 8:04:00 PM)

After market: 203 -2.61 (-1.27%)

205.61

+2.24 (+1.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.1%
1 Week-0.41%
2 Weeks-1.1%
1 Month-0.23%
3 Month8.52%
6 Month8.05%
12 Month23.45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.24
ATR(20)%1.16%
ATR Inc
Range Today2.02
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 High209.2
10 Day Low202.5
20 Day High209.2
20 Day Low199.76
52 Week High209.2
52 Week Low165.86
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.32M
Volume Incr17.51%
Vol(5)1.73M
Vol(50)1.70M