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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 2024-07-31 View latest technical analysis

10 day averaged volume of Mercury General is 179200

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	59.87	57.63	61.00	55.21	3.921 times
30 Tue Jul 2024	58.84	58.55	59.99	58.55	1.784 times
29 Mon Jul 2024	58.50	58.16	59.36	57.05	1.383 times
26 Fri Jul 2024	58.14	57.30	58.19	57.15	0.919 times
25 Thu Jul 2024	56.66	56.80	57.79	56.60	0.781 times
24 Wed Jul 2024	56.54	57.90	58.13	56.30	0.905 times
23 Tue Jul 2024	58.06	57.57	58.33	57.24	0.698 times
22 Mon Jul 2024	57.76	56.75	58.29	56.46	0.929 times
19 Fri Jul 2024	56.38	57.94	57.94	56.32	0.557 times
18 Thu Jul 2024	57.97	57.13	58.59	57.13	0.761 times

Stock of Mercury General (MCY) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 58.3, but if it comes below 58.3, then a intra day sell could be more profitable.
If you take a sell trade below 58.3, then use 58.3 as stoploss and 55.97 as target. However if you take a buy trade in stock , then use 58.3 as stoploss and 61.2 as target.

Share price targets for Mercury General (MCY)

Target Type	Value
Downside Target	46.81
Downside Target	49.50
Downside Target	51.84
Downside Target	54.33
Downside Target	56.30
Downside Target	56.31
Downside Target	57.12
Downside Target	58.33
Downside Target	58.59
Upside Target	59.89
Upside Target	61.00

Intraday share price targets for Mercury General (MCY)

Target Type	Value
Downside Intraday Target	56.39
Downside Intraday Target	52.9
Upside Intraday Target	62.18
Upside Intraday Target	64.48
Downside Intraday Target	58.69

Weekly technical analysis of Mercury General (MCY)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	59.87	58.16	61.00	55.21	1.675 times
26 Fri Jul 2024	58.14	56.75	58.33	56.30	0.966 times
19 Fri Jul 2024	56.38	54.75	58.59	54.33	1.279 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mercury General (MCY)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	59.87	53.34	61.00	51.84	0.887 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 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 Weak and stock is losing 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Mercury General in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 58.49 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.