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(MKL) Markel Corporation complete technical analysis [charts+indicators] | Buy/Sell Markel Corporation | (MKL) share price targets

Complete technical analysis of Markel Corporation (MKL) by charts plus indicators, forecast predictions and share price targets for Markel Corporation (MKL)

Markel Corporation trades in USA in Finance sector.

Showing technical analysis as on 2024-08-30 View latest technical analysis

10 day averaged volume of Markel Corporation is 24050

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	1600.68	1599.00	1611.51	1584.95	1.767 times
30 Fri Aug 2024	1600.68	1599.00	1611.51	1584.95	1.767 times
29 Thu Aug 2024	1591.24	1578.56	1598.83	1550.77	0.719 times
28 Wed Aug 2024	1575.93	1576.04	1589.76	1562.37	1.019 times
27 Tue Aug 2024	1573.25	1570.00	1585.87	1566.30	1.11 times
26 Mon Aug 2024	1574.52	1580.19	1589.63	1570.29	0.844 times
23 Fri Aug 2024	1574.89	1572.26	1592.59	1565.15	0.873 times
22 Thu Aug 2024	1564.01	1562.78	1571.88	1550.76	1.06 times
21 Wed Aug 2024	1566.53	1558.89	1575.98	1540.89	1.123 times
20 Tue Aug 2024	1546.94	1561.96	1572.55	1542.00	0.769 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1582.5, but if it comes below 1582.5, then a intra day sell could be more profitable.
If you take a sell trade below 1582.5, then use 1582.5 as stoploss and 1550.93 as target. However if you take a buy trade in stock , then use 1582.5 as stoploss and 1620.4 as target.

Share price targets for Markel Corporation (MKL)

Target Type	Value
Downside Target	1417.65
Downside Target	1449.35
Downside Target	1491.03
Downside Target	1584.95
Downside Target	1592.59
Upside Target	1611.51
Upside Target	1642.06
Upside Target	1647.41
Upside Target	1660.74
Upside Target	1670.24

Intraday share price targets for Markel Corporation (MKL)

Target Type	Value
Downside Intraday Target	1586.58
Downside Intraday Target	1572.49
Upside Intraday Target	1613.14
Upside Intraday Target	1625.61
Downside Intraday Target	1599.05

Weekly technical analysis of Markel Corporation (MKL)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	1600.68	1599.00	1611.51	1584.95	0.324 times
30 Fri Aug 2024	1600.68	1580.19	1611.51	1550.77	1.202 times
23 Fri Aug 2024	1574.89	1550.38	1592.59	1540.89	0.764 times
16 Fri Aug 2024	1548.57	1526.25	1565.46	1505.62	0.708 times
09 Fri Aug 2024	1521.92	1527.26	1541.00	1491.03	0.745 times

Price has moved down 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 Markel Corporation (MKL)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	1600.68	1637.89	1642.06	1491.03	0.822 times
31 Wed Jul 2024	1638.85	1583.39	1660.74	1525.49	1.059 times
28 Fri Jun 2024	1575.66	1641.59	1647.41	1534.34	0.996 times
31 Fri May 2024	1641.59	1449.35	1670.24	1449.35	1.025 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 Markel Corporation (MKL)

Price action analysis of Markel Corporation ( (MKL) ) 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 Markel Corporation ( (MKL) ) 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 Markel Corporation ( (MKL) ) 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 Markel Corporation ( (MKL) ) 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 Markel Corporation stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Markel Corporation 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.

Markel Corporation 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 coming down

CCI has generated a SELL signal for Markel Corporation in short term

RSI is generating a SELL signal in short term but selling is losing 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 Markel Corporation is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1580.27 and Markel Corporation (MKL) 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 Markel Corporation (MKL) stock. Volume based technical analysis of Markel Corporation (MKL) stock is negative.

Markel Corporation 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.