Taking everything into account, MRCY scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MRCY is showing a nice and steady performance.
Although MRCY has an excellent technical rating, the quality of the presented setup is not ideal 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.
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60.34
When analyzing the support we can see 5 important areas.
- A support zone ranging from 71.61 to 73.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 70.35 to 70.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 66.12 to 67.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 64.22 to 65.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @60.95 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @75.03 from a trend 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 | UP | POSITIVE | The long term trend for MRCY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MRCY is up. |
| ChartMill Relative Strength | 90.95 | POSITIVE | MRCY has a high relative strength, it outperformed 90.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRCY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MRCY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MRCY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.16 | NEUTRAL | The RSI value for MRCY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests MRCY has a positive trend. |
| Stochastics (14,3) | 66.9 | NEUTRAL | The Stochastics value for MRCY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for MRCY suggests some volalility. |
| Average Directional Index/ADX (14) | 16.3 | NEGATIVE | The low ADX value for MRCY suggests a weak or negative trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 75.04 | 71.60 | 3.44 (4.58%) | 21.81% |
| An entry @75.04. This is a Buy Stop order right above the resistance zone. | An exit @71.60. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.44 points, which is 4.58%. | When investing 21.81% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of MRCY. Please evaluate whether better entry and exit points can be found.
- 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.
74.22
-0.48 (-0.64%)
MERCURY SYSTEMS INC / MRCY FAQ
What is the technical rating for MRCY stock?
ChartMill assigns a technical rating of 9 / 10 to MRCY.
Can you provide the trend direction for MERCURY SYSTEMS INC?
The current trend direction for MERCURY SYSTEMS INC (MRCY) is Bullish.
What is the RSI signal for MRCY stock?
MERCURY SYSTEMS INC (MRCY) has an RSI value of 55.1608. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MERCURY SYSTEMS INC?
The short term momentum for MERCURY SYSTEMS INC (MRCY) is positive.
What is the buy/sell signal for MRCY stock?
The buy/sell signal for MERCURY SYSTEMS INC (MRCY) is buy as both the short term and long term trends are positive.