Overall MRCY gets a technical rating of 10 out of 10. 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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that MRCY is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by MRCY over the past year are nicely spread over this period.
- MRCY is part of the Aerospace & Defense industry. There are 73 other stocks in this industry. MRCY outperforms 87% of them.
- MRCY is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- MRCY is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
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.
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62.64
When analyzing the support we can see 4 important areas.
- Support @97.10 from a horizontal line in the daily time frame.
- A support zone ranging from 74.05 to 74.29. 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.
- A support zone ranging from 63.27 to 64.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance 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 | 95.7 | POSITIVE | MRCY has a high relative strength, it outperformed 95.7% 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) | 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) | 69.59 | NEUTRAL | The RSI value for MRCY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests MRCY has a negative trend. |
| Stochastics (14,3) | 80.84 | OVERBOUGHT | The high Stochastics value suggests MRCY may be overbought. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for MRCY suggests some volalility. |
| Average Directional Index/ADX (14) | 39.71 | POSITIVE | The high ADX value value for MRCY suggests a strong trend. |
100.02
-1.02 (-1.01%)
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 69.5925. 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 97.1 and a resistance level at 103.02. Check the full technical report for our detailed analysis of MRCY support and resistance levels.