MERCURY SYSTEMS INC (MRCY) Stock Technical Analysis
NASDAQ:MRCY • US5893781089
Overall MRCY gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MRCY has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that MRCY is one of the better performing stocks in the market, outperforming 93% of all 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 however is currently trading near a new high, so MRCY is lagging the market slightly.
- In the last month MRCY has a been trading in the 74.01 - 100.00 range, which is quite wide. It is currently trading near the high of this range.
- MRCY is part of the Aerospace & Defense industry. There are 75 other stocks in this industry, MRCY did better than 66% of them.
Although MRCY has an excellent technical rating, it does not offer a high 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.
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63.58
We found 7 important support areas.
- A support zone ranging from 85.60 to 88.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 81.64 to 82.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @80.25 from a horizontal line in the daily time frame.
- A support zone ranging from 77.92 to 78.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @67.47 from a horizontal line in the daily time frame.
- Support @65.58 from a trend line in the weekly time frame.
- Support @64.22 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 103.02 to 103.02. 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 | 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 | 93.84 | POSITIVE | MRCY has a high relative strength, it outperformed 93.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MRCY is above 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) | 55.2 | NEUTRAL | The RSI value for MRCY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests MRCY has a positive trend. |
| Stochastics (14,3) | 80.84 | OVERBOUGHT | The high Stochastics value suggests MRCY may be overbought. |
| Average True Range in percent/ATR (20) | 6.05 | HIGH VOLATILITY | The high ATR as a percentage value for MRCY suggests high volalility. |
| Average Directional Index/ADX (14) | 16.28 | NEGATIVE | The low ADX value for MRCY suggests a weak or negative trend. |
91.01
+1.98 (+2.22%)
MERCURY SYSTEMS INC / MRCY FAQ
What is the technical rating for MRCY stock?
ChartMill assigns a technical rating of 10 / 10 to MRCY.
What is the trend direction for MRCY stock?
The current trend direction for MERCURY SYSTEMS INC (MRCY) is Bullish.
Can you provide the RSI signal for MERCURY SYSTEMS INC?
MERCURY SYSTEMS INC (MRCY) has an RSI value of 55.1974. This indicates that the stock is currently neutral.
What is the short term momentum for MERCURY SYSTEMS INC (MRCY) stock?
The short term momentum for MERCURY SYSTEMS INC (MRCY) is positive.
What is the support and resistance level for MRCY stock?
MERCURY SYSTEMS INC (MRCY) has a support level at 88.11 and a resistance level at 103.02. Check the full technical report for our detailed analysis of MRCY support and resistance levels.