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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 2024-08-22 View latest technical analysis

10 day averaged volume of Mercury General is 219500

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	61.71	61.00	62.23	60.64	1.072 times
21 Wed Aug 2024	61.11	60.60	61.31	60.35	0.851 times
20 Tue Aug 2024	60.13	61.05	61.05	59.76	0.862 times
19 Mon Aug 2024	60.99	60.75	61.54	60.45	1.037 times
16 Fri Aug 2024	60.78	60.48	61.21	60.25	0.867 times
15 Thu Aug 2024	60.35	60.55	61.61	59.93	0.948 times
14 Wed Aug 2024	60.13	60.35	61.23	59.95	0.928 times
13 Tue Aug 2024	60.05	59.95	60.08	59.03	1.149 times
12 Mon Aug 2024	59.74	60.87	60.87	59.24	0.68 times
09 Fri Aug 2024	60.42	61.12	61.50	60.02	0.995 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 61.1, but if it comes below 61.1, then a intra day sell could be more profitable.
If you take a sell trade below 61.1, then use 61.1 as stoploss and 60.12 as target. However if you take a buy trade in stock , then use 61.1 as stoploss and 62.4 as target.

Share price targets for Mercury General (MCY)

Target Type	Value
Downside Target	49.50
Downside Target	51.84
Downside Target	53.10
Downside Target	55.21
Downside Target	58.33
Downside Target	59.89
Downside Target	61.00
Downside Target	61.17
Downside Target	61.61
Upside Target	62.23
Upside Target	63.23

Intraday share price targets for Mercury General (MCY)

Target Type	Value
Downside Intraday Target	60.24
Downside Intraday Target	58.76
Upside Intraday Target	62.71
Upside Intraday Target	63.7
Downside Intraday Target	61.23

Weekly technical analysis of Mercury General (MCY)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	61.71	60.75	62.23	59.76	0.836 times
16 Fri Aug 2024	60.78	60.87	61.61	59.03	0.693 times
09 Fri Aug 2024	60.42	56.60	63.23	55.65	0.737 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

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
22 Thu Aug 2024	61.71	60.27	63.23	55.65	1.006 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Mercury General in short term but the sell signal is initial and weak.

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 stronger in this stock.

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 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 60.57 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.