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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 266170

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	55.22	56.57	56.92	55.13	1.324 times
23 Tue Apr 2024	56.76	55.68	57.12	55.68	1.453 times
22 Mon Apr 2024	55.33	53.84	55.62	53.44	1.67 times
19 Fri Apr 2024	53.63	52.84	54.29	52.32	1.159 times
18 Thu Apr 2024	52.67	52.14	53.60	52.00	0.611 times
17 Wed Apr 2024	52.03	53.46	54.59	51.57	1.026 times
16 Tue Apr 2024	53.37	51.76	53.53	51.52	1.026 times
15 Mon Apr 2024	52.01	51.17	52.26	51.17	0.715 times
12 Fri Apr 2024	50.90	51.31	52.01	50.69	1.032 times
11 Thu Apr 2024	51.25	51.25	51.55	50.84	0.666 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 54.1, but if it comes below 54.1, then a intra day sell could be more profitable.
If you take a sell trade below 54.1, then use 54.1 as stoploss and 52.49 as target. However if you take a buy trade in stock , then use 54.1 as stoploss and 56.1 as target.

Share price targets for Mercury General (MCY)

Target Type	Value
Downside Target	36.96
Downside Target	37.89
Downside Target	40.32
Downside Target	41.90
Downside Target	46.81
Downside Target	48.43
Downside Target	49.50
Downside Target	52.32
Downside Target	53.00
Downside Target	53.44
Downside Target	53.55
Downside Target	54.59
Upside Target	57.12

Intraday share price targets for Mercury General (MCY)

Target Type	Value
Downside Intraday Target	53.4
Downside Intraday Target	51.58
Upside Intraday Target	57.08
Upside Intraday Target	58.94
Upside Intraday Target	55.26

Weekly technical analysis of Mercury General (MCY)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	55.22	53.84	57.12	53.44	0.98 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
28 Thu Mar 2024	51.60	48.43	53.00	48.43	1.075 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
24 Wed Apr 2024	55.22	53.40	57.12	49.50	1.133 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
31 Wed Jan 2024	40.05	37.20	41.90	36.96	0.889 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down

CCI has generated a SELL signal for Mercury General in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 53.76 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.