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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 2024-07-15 View latest technical analysis

10 day averaged volume of Mercury General is 114460

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	54.98	54.75	55.52	54.33	1.214 times
12 Fri Jul 2024	54.46	54.19	54.78	53.91	1.414 times
11 Thu Jul 2024	53.86	53.32	54.22	52.45	1.208 times
10 Wed Jul 2024	52.74	52.52	52.81	52.27	0.686 times
09 Tue Jul 2024	52.25	52.62	52.93	52.16	0.653 times
08 Mon Jul 2024	52.82	53.00	53.70	52.64	1.403 times
05 Fri Jul 2024	52.60	52.57	53.16	52.11	1.087 times
03 Wed Jul 2024	52.80	52.75	53.09	52.41	0.523 times
03 Wed Jul 2024	52.80	52.75	53.09	52.41	0.523 times
02 Tue Jul 2024	52.88	52.88	53.49	51.84	1.336 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 54.7, for a target of 53.6 or 52.65

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
Upside Target	55.52
Upside Target	56.31
Upside Target	57.12
Upside Target	59.89

Intraday share price targets for Mercury General (MCY)

Target Type	Value
Downside Intraday Target	54.37
Downside Intraday Target	53.75
Upside Intraday Target	55.56
Upside Intraday Target	56.13
Downside Intraday Target	54.94

Weekly technical analysis of Mercury General (MCY)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	54.98	54.75	55.52	54.33	0.226 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
15 Mon Jul 2024	54.98	53.34	55.52	51.84	0.288 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 stronger in this stock.

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 53.38 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 negative.

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