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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.

10 day averaged volume of Mercury General is 352650

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu May 2024	55.46	54.69	55.94	54.41	1.02 times
01 Wed May 2024	54.29	53.10	55.98	53.10	1.392 times
30 Tue Apr 2024	52.26	52.99	53.02	51.65	1.021 times
29 Mon Apr 2024	53.10	51.93	53.17	51.90	0.998 times
26 Fri Apr 2024	51.66	54.12	54.16	51.50	1.114 times
25 Thu Apr 2024	54.30	54.79	55.11	53.64	0.784 times
24 Wed Apr 2024	55.22	56.57	56.92	55.13	0.999 times
23 Tue Apr 2024	56.76	55.68	57.12	55.68	1.097 times
22 Mon Apr 2024	55.33	53.84	55.62	53.44	1.26 times
19 Fri Apr 2024	53.63	52.84	54.29	52.32	0.875 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 54.7, but if it comes below 54.7, then a intra day sell could be more profitable.
If you take a sell trade below 54.7, then use 54.7 as stoploss and 52.93 as target. However if you take a buy trade in stock , then use 54.7 as stoploss and 56.8 as target.

Share price targets for Mercury General (MCY)

Target Type	Value
Downside Target	36.96
Downside Target	37.89
Downside Target	41.90
Downside Target	46.81
Downside Target	49.50
Downside Target	53.10
Downside Target	53.55
Downside Target	54.59
Upside Target	55.98
Upside Target	57.12

Intraday share price targets for Mercury General (MCY)

Target Type	Value
Downside Intraday Target	52.75
Downside Intraday Target	50.03
Upside Intraday Target	57.08
Upside Intraday Target	58.69
Downside Intraday Target	54.36

Weekly technical analysis of Mercury General (MCY)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu May 2024	55.46	51.93	55.98	51.65	0.843 times
26 Fri Apr 2024	51.66	53.84	57.12	51.50	1.534 times
19 Fri Apr 2024	53.63	51.17	54.59	51.17	1.323 times
12 Fri Apr 2024	50.90	50.85	52.32	50.17	0.705 times
05 Fri Apr 2024	50.81	53.40	53.55	49.50	1.431 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
02 Thu May 2024	55.46	53.10	55.98	53.10	0.142 times
30 Tue Apr 2024	52.26	53.40	57.12	49.50	1.473 times
28 Thu Mar 2024	51.60	48.66	53.00	46.81	0.765 times
29 Thu Feb 2024	48.69	39.95	52.42	37.89	1.542 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 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 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 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. Bears are weakening, and bulls 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

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 54.23 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.