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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 2024-10-15 View latest technical analysis

10 day averaged volume of Mercury General is 219480

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	66.15	65.91	67.18	65.41	0.689 times
14 Mon Oct 2024	65.79	65.06	66.02	64.51	0.579 times
11 Fri Oct 2024	65.06	64.95	66.20	64.35	0.721 times
10 Thu Oct 2024	64.78	65.33	65.33	64.00	0.602 times
09 Wed Oct 2024	65.13	62.85	65.42	62.85	1.134 times
08 Tue Oct 2024	63.11	63.13	64.41	62.52	2.48 times
07 Mon Oct 2024	62.82	65.09	65.19	62.09	1.522 times
04 Fri Oct 2024	65.09	63.90	65.27	63.42	0.561 times
03 Thu Oct 2024	63.33	63.79	63.79	62.21	0.724 times
02 Wed Oct 2024	63.72	63.20	63.88	62.79	0.898 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 65.2, but if it comes below 65.2, then a intra day sell could be more profitable.
If you take a sell trade below 65.2, then use 65.2 as stoploss and 63.44 as target. However if you take a buy trade in stock , then use 65.2 as stoploss and 67.4 as target.

Share price targets for Mercury General (MCY)

Target Type	Value
Downside Target	50.31
Downside Target	51.84
Downside Target	55.65
Downside Target	58.60
Downside Target	64.51
Downside Target	64.90
Downside Target	65.27
Upside Target	66.20
Upside Target	66.48
Upside Target	67.11
Upside Target	67.18

Intraday share price targets for Mercury General (MCY)

Target Type	Value
Downside Intraday Target	64.71
Downside Intraday Target	63.28
Upside Intraday Target	67.38
Upside Intraday Target	68.62
Downside Intraday Target	65.95

Weekly technical analysis of Mercury General (MCY)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	66.15	65.06	67.18	64.51	0.196 times
11 Fri Oct 2024	65.06	65.09	66.20	62.09	1.664 times
04 Fri Oct 2024	65.09	63.22	65.27	62.00	0.626 times
27 Fri Sep 2024	63.23	60.25	64.90	59.58	0.628 times
20 Fri Sep 2024	60.05	58.60	60.71	58.60	1.215 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
15 Tue Oct 2024	66.15	62.92	67.18	62.09	0.337 times
30 Mon Sep 2024	62.98	66.02	66.48	57.28	1.217 times
30 Fri Aug 2024	66.23	60.27	67.11	55.65	1.444 times
31 Wed Jul 2024	59.87	53.34	61.00	51.84	0.887 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 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 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 green color and prices are above the green 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 SELL signal in short term and selling is picking up 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 64.09 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.