MARSH & MCLENNAN COS (MMC) Stock Technical Analysis
NYSE:MMC - New York Stock Exchange, Inc. - US5717481023 - Common Stock - Currency: USD
Overall MMC gets a technical rating of 0 out of 10. MMC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
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 one of the lesser performing stocks in the Insurance industry. 75% of 145 stocks in the same industry do better.
MMC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
MMC has an average volume of 2115590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month MMC has a been trading in a tight range between 210.50 and 220.32.
MMC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 209.89, a Stop Loss order could be placed below this zone.
More info and screens
206.39
244.82
When analyzing the support we notice one important area.
- A support zone ranging from 208.47 to 209.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 219.78 to 223.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 227.84 to 228.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @234.87 from a horizontal line in the daily time frame.
- A resistance zone ranging from 239.48 to 242.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for MMC is down. |
| ChartMill Relative Strength | 17.34 | NEGATIVE | MMC has a low relative strength, it was outperformed by 82.66% 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) | 36.67 | NEUTRAL | The RSI value for MMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MMC has a negative trend. |
| Stochastics (14,3) | 30.92 | NEUTRAL | The Stochastics value for MMC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for MMC suggests low volalility. |
| Average Directional Index/ADX (14) | 32.67 | POSITIVE | The high ADX value value for MMC suggests a strong 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)
211.74
-2.97 (-1.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.38%
1 Week-1.55%
2 Weeks-1.98%
1 Month-2.55%
3 Month-9.26%
6 Month1.26%
12 Month-3.03%
2 Year12.38%
3 Year29.14%
5 Year81.6%
10 Year265.45%
15 Year800.26%
Volatility
ATR(14)3.67
ATR(20)%1.63%
ATR Inc-20.33%
Range Today2.84
ADR(20)3.37
ADR(20)%1.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.34
Mansfield-1.25
10 Day High219.71
10 Day Low210.51
20 Day High220.32
20 Day Low210.51
52 Week High248
52 Week Low207.21
CS1 End209.89
CR1 Start219.78
Volume & EV
DER(3)0.33%
DER(5)0.38%
Volume2.23M
Volume Incr-7.11%
Vol(5)2.24M
Vol(50)2.12M