MERCURY SYSTEMS INC (MRCY) Stock Technical Analysis
NASDAQ:MRCY - Nasdaq - US5893781089 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to MRCY. In the last year, MRCY was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, MRCY did better than 92% of all other stocks. We also observe that the gains produced by MRCY over the past year are nicely spread over this period.
MRCY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MRCY is performing more or less in line with the market.
MRCY is an average performer in the Aerospace & Defense industry, it outperforms 69% of 64 stocks in the same industry.
In the last month MRCY has a been trading in the 44.01 - 51.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, MRCY also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 46.53, a Stop Loss order could be placed below this zone.
More info and screens
38.34
47.38
5 important support areas can be observed.
- A support zone ranging from 46.13 to 46.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.29 from a trend line in the daily time frame.
- A support zone ranging from 42.39 to 43.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @41.51 from a horizontal line in the daily time frame.
- Support @38.73 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 | UP | POSITIVE | The long term trend for MRCY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MRCY is neutral. |
| ChartMill Relative Strength | 92.81 | POSITIVE | MRCY has a high relative strength, it outperformed 92.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MRCY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRCY is above the rising 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) | 48.74 | NEUTRAL | The RSI value for MRCY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests MRCY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.55 | NEUTRAL | The Stochastics value for MRCY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for MRCY suggests some volalility. |
| Average Directional Index/ADX (14) | 21.22 | NEUTRAL | The ADX value for MRCY suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 48.35 | 46.12 | 2.22 (4.60%) | 21.73% |
| An entry @48.34. This is a Buy Stop order right above the 10 day high. | An exit @46.12. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.22 points, which is 4.60%. | When investing 21.73% 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.
46.91
+0.01 (+0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.02%
1 Week2.27%
2 Weeks1.91%
1 Month-5.86%
3 Month10.35%
6 Month14.58%
12 Month50.45%
2 Year15.57%
3 Year-21.57%
5 Year-47.5%
10 Year243.66%
15 Year299.23%
Volatility
ATR(14)1.93
ATR(20)%3.79%
ATR Inc-26.59%
Range Today1.16
ADR(20)1.75
ADR(20)%3.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.81
Mansfield1.63
10 Day High48.34
10 Day Low44.01
20 Day High51.71
20 Day Low44.01
52 Week High52.25
52 Week Low26.48
CS1 End46.53
CR1 StartN/A
Volume & EV
DER(3)-1.55%
DER(5)-0.47%
Volume347.10K
Volume Incr-14.37%
Vol(5)482.92K
Vol(50)576.02K