Technical Analysis for MCY - Mercury General Corporation

Grade Last Price % Change Price Change
A 77.27 1.06% 0.81
MCY closed up 1.06 percent on Friday, November 22, 2024, on 80 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
NR7 Range Contraction 0.00%
New 52 Week High Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
New 52 Week Closing High Bullish 1.06%
New 52 Week High Strength 1.06%
Stochastic Reached Overbought Strength 1.06%
Gapped Up Strength 1.06%
Overbought Stochastic Strength 1.06%

   Recent Intraday Alerts

Alert Time
Possible NR7 1 day ago
Rose Above Previous Day's High 1 day ago
New 52 Week High 1 day ago
Up 1% 1 day ago
Up 3% 2 days ago

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Profile

Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance. The company also writes homeowners, commercial automobile and property, mechanical breakdown, fire, and umbrella insurance. Its insurance products cover collision, property damage liability, bodily injury liability, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards for automobile policy holders. The company sells its policies through a network of independent agents in California, Florida, Arizona, Georgia, Illinois, Michigan, Nevada, New Jersey, New York, Oklahoma, Pennsylvania, Texas, and Virginia. Mercury General Corporation was founded in 1960 and is headquartered in Los Angeles, California.
Classification

Sector: Financial Services
Industry: Insurance - Property & Casualty
Keywords: Insurance Insurance Products Breakdown Vehicle Insurance Mercury Bodily Injury Personal Automobile Personal Injury Mercury General Personal Automobile Insurance Umbrella Insurance

Is MCY a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 77.48
52 Week Low 35.4265
Average Volume 261,890
200-Day Moving Average 57.25
50-Day Moving Average 67.27
20-Day Moving Average 71.98
10-Day Moving Average 74.47
Average True Range 2.20
RSI (14) 69.33
ADX 26.61
+DI 34.66
-DI 18.33
Chandelier Exit (Long, 3 ATRs) 70.89
Chandelier Exit (Short, 3 ATRs) 72.09
Upper Bollinger Bands 78.65
Lower Bollinger Band 65.31
Percent B (%b) 0.9
BandWidth 18.54
MACD Line 2.49
MACD Signal Line 2.27
MACD Histogram 0.2144
Fundamentals Value
Market Cap 4.28 Billion
Num Shares 55.4 Million
EPS -1.84
Price-to-Earnings (P/E) Ratio -41.99
Price-to-Sales 0.51
Price-to-Book 1.63
PEG Ratio 1.19
Dividend 1.27
Dividend Yield 1.64%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 79.40
Resistance 3 (R3) 79.23 78.36 79.05
Resistance 2 (R2) 78.36 77.81 78.44 78.93
Resistance 1 (R1) 77.81 77.48 78.09 77.98 78.81
Pivot Point 76.94 76.94 77.07 77.02 76.94
Support 1 (S1) 76.39 76.39 76.67 76.56 75.73
Support 2 (S2) 75.52 76.06 75.60 75.61
Support 3 (S3) 74.97 75.52 75.50
Support 4 (S4) 75.14