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(MCY) Mercury General complete technical analysis [charts+indicators] | Buy/Sell Mercury General | (MCY) share price targets

Complete technical analysis of Mercury General (MCY) by charts plus indicators, forecast predictions and share price targets for Mercury General (MCY)

Mercury General trades in USA in Finance sector.

Showing technical analysis as on 2024-06-03 View latest technical analysis

10 day averaged volume of Mercury General is 174732

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	55.56	56.31	56.31	54.88	1.063 times
31 Fri May 2024	55.83	55.94	56.25	55.32	0.825 times
30 Thu May 2024	55.99	55.85	56.67	55.66	0.549 times
29 Wed May 2024	55.53	55.59	56.70	55.05	0.94 times
28 Tue May 2024	55.96	57.41	57.95	55.63	1.079 times
24 Fri May 2024	57.11	56.79	57.28	56.34	1.012 times
23 Thu May 2024	56.64	58.90	58.90	56.46	1.107 times
22 Wed May 2024	59.06	58.98	59.89	58.79	1.456 times
21 Tue May 2024	59.25	58.60	59.87	58.46	1.041 times
20 Mon May 2024	58.59	58.09	58.88	57.82	1.099 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55.9, but if it comes above 55.9, then a intra day buy could be more profitable.
If you take a sell trade below 55.9, then use 55.9 as stoploss and 54.5 as target. However if you take a buy trade in stock , then use 55.9 as stoploss and 57.08 as target.

Share price targets for Mercury General (MCY)

Target Type	Value
Downside Target	37.89
Downside Target	46.81
Downside Target	49.50
Downside Target	52.42
Downside Target	54.88
Upside Target	56.84
Upside Target	57.12
Upside Target	57.95
Upside Target	58.15
Upside Target	58.53
Upside Target	59.89

Intraday share price targets for Mercury General (MCY)

Target Type	Value
Downside Intraday Target	54.86
Downside Intraday Target	54.15
Upside Intraday Target	56.29
Upside Intraday Target	57.01
Upside Intraday Target	55.58

Weekly technical analysis of Mercury General (MCY)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	55.56	56.31	56.31	54.88	0.313 times
31 Fri May 2024	55.83	57.41	57.95	55.05	0.594 times
24 Fri May 2024	57.11	58.09	59.89	56.34	1.052 times
17 Fri May 2024	58.20	57.91	58.53	56.84	0.748 times
10 Fri May 2024	57.56	55.29	58.15	55.29	0.679 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Mercury General (MCY)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	55.56	56.31	56.31	54.88	0.037 times
31 Fri May 2024	55.83	53.10	59.89	53.10	0.83 times
30 Tue Apr 2024	52.26	53.40	57.12	49.50	1.473 times
28 Thu Mar 2024	51.60	48.66	53.00	46.81	0.765 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Mercury General (MCY)

Price action analysis of Mercury General ( (MCY) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mercury General ( (MCY) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mercury General ( (MCY) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Mercury General stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mercury General in short term but the sell signal is initial and weak.

Mercury General Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mercury General in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mercury General is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 57.12 and Mercury General (MCY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Mercury General (MCY) stock. Volume based technical analysis of Mercury General (MCY) stock is negative.

Mercury General Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.