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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 2024-07-17 View latest technical analysis

10 day averaged volume of Mercury General is 117760

Date	Daily Closing Price	Open	High	Low	Volume
17 Wed Jul 2024	57.55	56.40	58.37	56.00	1.951 times
16 Tue Jul 2024	56.57	55.32	56.99	55.32	1.532 times
15 Mon Jul 2024	54.98	54.75	55.52	54.33	1.18 times
12 Fri Jul 2024	54.46	54.19	54.78	53.91	1.375 times
11 Thu Jul 2024	53.86	53.32	54.22	52.45	1.174 times
10 Wed Jul 2024	52.74	52.52	52.81	52.27	0.667 times
09 Tue Jul 2024	52.25	52.62	52.93	52.16	0.634 times
08 Mon Jul 2024	52.82	53.00	53.70	52.64	1.364 times
05 Fri Jul 2024	52.60	52.57	53.16	52.11	1.056 times
03 Wed Jul 2024	52.80	52.75	53.09	52.41	0.509 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 56.6, for a target of 54.8 or 53.24

Share price targets for Mercury General (MCY)

Target Type	Value
Downside Target	46.81
Downside Target	49.50
Downside Target	53.34
Downside Target	53.58
Downside Target	54.33
Downside Target	54.78
Downside Target	56.31
Downside Target	57.12
Upside Target	58.37
Upside Target	59.89

Intraday share price targets for Mercury General (MCY)

Target Type	Value
Downside Intraday Target	55.13
Downside Intraday Target	52.71
Upside Intraday Target	59.17
Upside Intraday Target	60.79
Downside Intraday Target	56.75

Weekly technical analysis of Mercury General (MCY)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Wed Jul 2024	57.55	54.75	58.37	54.33	0.894 times
12 Fri Jul 2024	54.46	53.00	54.78	52.16	3.332 times
05 Fri Jul 2024	52.60	52.75	53.16	52.11	0.532 times
03 Wed Jul 2024	52.80	53.34	53.58	51.84	0.336 times
28 Fri Jun 2024	53.14	52.45	53.34	51.10	1.191 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
17 Wed Jul 2024	57.55	53.34	58.37	51.84	0.38 times
28 Fri Jun 2024	53.14	56.31	56.31	50.31	0.899 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

Scroll below to view daily charts

Price has moved up 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 to mid 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 mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

MACD generated a BUY signal for Mercury General in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mercury General Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a buy signal for Mercury General in short term and BUY 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 54.6 and Mercury General (MCY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.