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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 2024-06-20 View latest technical analysis

10 day averaged volume of Mercury General is 224390

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	51.61	51.17	52.01	50.77	0.89 times
18 Tue Jun 2024	51.17	51.96	52.51	51.13	0.724 times
18 Tue Jun 2024	51.17	51.96	52.51	51.13	0.724 times
17 Mon Jun 2024	51.75	50.77	51.78	50.45	1.118 times
14 Fri Jun 2024	50.72	50.50	51.51	50.47	0.927 times
13 Thu Jun 2024	50.87	52.12	52.12	50.31	1.667 times
12 Wed Jun 2024	52.50	53.02	53.59	51.90	1.188 times
11 Tue Jun 2024	52.60	53.80	53.91	52.12	1.035 times
10 Mon Jun 2024	53.79	54.43	54.58	53.61	1.11 times
07 Fri Jun 2024	54.86	54.87	55.32	54.61	0.926 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 51.8, but if it comes above 51.8, then a intra day buy could be more profitable.
If you take a sell trade below 51.8, then use 51.8 as stoploss and 49.3 as target. However if you take a buy trade in stock , then use 51.8 as stoploss and 53.95 as target.

Share price targets for Mercury General (MCY)

Target Type	Value
Downside Target	37.89
Downside Target	46.81
Downside Target	49.50
Upside Target	52.42
Upside Target	54.55
Upside Target	54.58
Upside Target	55.05
Upside Target	56.31
Upside Target	57.12
Upside Target	57.95
Upside Target	59.89

Intraday share price targets for Mercury General (MCY)

Target Type	Value
Downside Intraday Target	50.75
Downside Intraday Target	49.89
Upside Intraday Target	52.49
Upside Intraday Target	53.37
Upside Intraday Target	51.63

Weekly technical analysis of Mercury General (MCY)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	51.61	51.96	52.51	50.77	0.877 times
18 Tue Jun 2024	51.17	50.77	52.51	50.45	0.311 times
14 Fri Jun 2024	50.72	54.43	54.58	50.31	1.613 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

Price has moved up 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
20 Thu Jun 2024	51.61	56.31	56.31	50.31	0.59 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mercury General ( (MCY) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 but buying is losing 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 52.09 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 negative.

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