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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 2024-06-12 View latest technical analysis

10 day averaged volume of Mercury General is 171010

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	52.50	53.02	53.59	51.90	1.559 times
11 Tue Jun 2024	52.60	53.80	53.91	52.12	1.358 times
10 Mon Jun 2024	53.79	54.43	54.58	53.61	1.457 times
07 Fri Jun 2024	54.86	54.87	55.32	54.61	1.215 times
06 Thu Jun 2024	54.90	55.38	55.49	54.55	0.764 times
05 Wed Jun 2024	55.48	55.19	55.85	54.59	0.84 times
04 Tue Jun 2024	54.98	55.27	55.78	54.96	0.916 times
03 Mon Jun 2024	55.56	56.31	56.31	54.88	1.086 times
31 Fri May 2024	55.83	55.94	56.25	55.32	0.843 times
30 Thu May 2024	55.99	55.85	56.67	55.66	0.561 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 51.9, for a target of 54.2 or 56.11

Share price targets for Mercury General (MCY)

Target Type	Value
Downside Target	37.89
Downside Target	46.81
Downside Target	49.50
Downside Target	51.90
Upside Target	54.55
Upside Target	56.31
Upside Target	56.34
Upside Target	56.84
Upside Target	57.12
Upside Target	57.95
Upside Target	58.53
Upside Target	59.89

Intraday share price targets for Mercury General (MCY)

Target Type	Value
Downside Intraday Target	51.41
Downside Intraday Target	50.31
Upside Intraday Target	54.09
Upside Intraday Target	55.67
Upside Intraday Target	52.99

Weekly technical analysis of Mercury General (MCY)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	52.50	54.43	54.58	51.90	0.907 times
07 Fri Jun 2024	54.86	56.31	56.31	54.55	1.391 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

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
12 Wed Jun 2024	52.50	56.31	56.31	51.90	0.317 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 neutral. A longer time frame might give a better analysis.

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 and the sell signal is strong.

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 red color and prices are below the red 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 54.35 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.