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 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.
When comparing the yearly performance of all stocks, MMC is a bad performer in the overall market: 64% of all stocks are doing better.
In the last month MMC has a been trading in the 217.19 - 235.78 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.
MMC has an average volume of 2261540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
MMC is part of the Insurance industry. There are 143 other stocks in this industry, MMC did better than 43% of them.
MMC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MMC is lagging the market.
The technical rating of MMC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
206.39
246.72
We found 2 important support areas.
- A support zone ranging from 216.88 to 217.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 2 important areas.
- A resistance zone ranging from 227.47 to 231.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 239.48 to 244.28. 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 | NEUTRAL | NEUTRAL | The long term trend for MMC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MMC is neutral. |
| ChartMill Relative Strength | 36.5 | NEUTRAL | MMC is not amongst the best or worst performers 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) | 34.11 | NEUTRAL | The RSI value for MMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.23 | NEGATIVE | The MACD value suggests MMC has a negative trend. |
| Stochastics (14,3) | 21.92 | NEUTRAL | The Stochastics value for MMC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for MMC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.12 | 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)
218.12
-4.4 (-1.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.98%
1 Week-7.13%
2 Weeks-5.79%
1 Month-3.92%
3 Month-5.79%
6 Month1.42%
12 Month4.42%
2 Year15.97%
3 Year40.5%
5 Year103.15%
10 Year284.69%
15 Year867.27%
Volatility
ATR(14)4.5
ATR(20)%2.01%
ATR Inc120.43%
Range Today5.38
ADR(20)4.27
ADR(20)%1.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.5
Mansfield-0.75
10 Day High235.78
10 Day Low217.19
20 Day High235.78
20 Day Low217.19
52 Week High248
52 Week Low207.21
CS1 End217.56
CR1 Start227.47
Volume & EV
DER(3)1.77%
DER(5)0.62%
Volume2.93M
Volume Incr5.27%
Vol(5)1.92M
Vol(50)2.26M