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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 2024-08-06 View latest technical analysis

10 day averaged volume of Mercury General is 285500

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	59.77	59.29	60.18	58.02	0.649 times
05 Mon Aug 2024	59.17	56.60	59.20	55.65	1.053 times
02 Fri Aug 2024	59.01	59.18	60.61	57.67	0.722 times
01 Thu Aug 2024	60.36	60.27	61.17	58.87	1.703 times
31 Wed Jul 2024	59.87	57.63	61.00	55.21	2.461 times
30 Tue Jul 2024	58.84	58.55	59.99	58.55	1.12 times
29 Mon Jul 2024	58.50	58.16	59.36	57.05	0.868 times
26 Fri Jul 2024	58.14	57.30	58.19	57.15	0.577 times
25 Thu Jul 2024	56.66	56.80	57.79	56.60	0.49 times
24 Wed Jul 2024	56.54	57.90	58.13	56.30	0.568 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 59.4, but if it comes below 59.4, then a intra day sell could be more profitable.
If you take a sell trade below 59.4, then use 59.4 as stoploss and 57.36 as target. However if you take a buy trade in stock , then use 59.4 as stoploss and 61.8 as target.

Share price targets for Mercury General (MCY)

Target Type	Value
Downside Target	49.50
Downside Target	51.84
Downside Target	54.33
Downside Target	57.12
Downside Target	58.33
Downside Target	58.59
Upside Target	59.89
Upside Target	60.18
Upside Target	61.00
Upside Target	61.17

Intraday share price targets for Mercury General (MCY)

Target Type	Value
Downside Intraday Target	56.89
Downside Intraday Target	54
Upside Intraday Target	61.42
Upside Intraday Target	63.06
Downside Intraday Target	58.53

Weekly technical analysis of Mercury General (MCY)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	59.77	56.60	60.18	55.65	0.248 times
02 Fri Aug 2024	59.01	58.16	61.17	55.21	2.588 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

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
06 Tue Aug 2024	59.77	60.27	61.17	55.65	0.298 times
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

Scroll below to view daily charts

Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 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 Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 59.15 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.