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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 2024-07-26 View latest technical analysis

10 day averaged volume of Mercury General is 154110

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	58.14	57.30	58.19	57.15	1.068 times
25 Thu Jul 2024	56.66	56.80	57.79	56.60	0.908 times
24 Wed Jul 2024	56.54	57.90	58.13	56.30	1.052 times
23 Tue Jul 2024	58.06	57.57	58.33	57.24	0.812 times
22 Mon Jul 2024	57.76	56.75	58.29	56.46	1.08 times
19 Fri Jul 2024	56.38	57.94	57.94	56.32	0.648 times
18 Thu Jul 2024	57.97	57.13	58.59	57.13	0.884 times
17 Wed Jul 2024	57.55	56.40	58.37	56.00	1.491 times
16 Tue Jul 2024	56.57	55.32	56.99	55.32	1.171 times
15 Mon Jul 2024	54.98	54.75	55.52	54.33	0.902 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 57.2, but if it comes below 57.2, then a intra day sell could be more profitable.
If you take a sell trade below 57.2, then use 57.2 as stoploss and 55.03 as target. However if you take a buy trade in stock , then use 57.2 as stoploss and 59.8 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	54.78
Downside Target	56.30
Downside Target	56.31
Downside Target	57.12
Upside Target	58.33
Upside Target	58.59
Upside Target	59.89

Intraday share price targets for Mercury General (MCY)

Target Type	Value
Downside Intraday Target	56.85
Downside Intraday Target	55.56
Upside Intraday Target	58.88
Upside Intraday Target	59.62
Downside Intraday Target	57.59

Weekly technical analysis of Mercury General (MCY)

Date	Weekly Closing Price	Open	High	Low	Volume
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
03 Wed Jul 2024	52.80	53.34	53.58	51.84	0.336 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
26 Fri Jul 2024	58.14	53.34	58.59	51.84	0.603 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 BUY signal in short term and the buying is gaining 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 57.11 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.