(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 2024-05-30 View latest technical analysis
10 day averaged volume of Markel Corporation is 29595
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 1620.83 | 1597.20 | 1629.74 | 1597.20 | 0.835 times |
| 29 Wed May 2024 | 1598.24 | 1593.92 | 1609.74 | 1593.92 | 1.142 times |
| 28 Tue May 2024 | 1603.65 | 1615.00 | 1630.43 | 1602.50 | 1.024 times |
| 24 Fri May 2024 | 1618.29 | 1606.18 | 1626.09 | 1588.00 | 0.946 times |
| 23 Thu May 2024 | 1616.13 | 1645.72 | 1648.99 | 1611.88 | 1.017 times |
| 22 Wed May 2024 | 1648.06 | 1635.68 | 1659.16 | 1633.00 | 0.956 times |
| 21 Tue May 2024 | 1637.21 | 1641.38 | 1650.58 | 1633.07 | 1.044 times |
| 20 Mon May 2024 | 1639.48 | 1658.33 | 1658.33 | 1627.28 | 1.002 times |
| 17 Fri May 2024 | 1663.21 | 1663.55 | 1670.24 | 1652.84 | 0.791 times |
| 16 Thu May 2024 | 1652.58 | 1653.27 | 1664.57 | 1643.87 | 0.971 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1600.3 or till 1571.6. Use a stoploss of 1624.23 and if the stock hits stoploss, then it can shoot up till 1648.17
Share price targets for Markel Corporation (MKL)
| Target Type | Value |
| Downside Target | 1342.66 |
| Downside Target | 1397.29 |
| Downside Target | 1569.18 |
| Downside Target | 1588.31 |
| Downside Target | 1593.92 |
| Upside Target | 1630.00 |
| Upside Target | 1630.43 |
| Upside Target | 1655.01 |
| Upside Target | 1659.16 |
| Upside Target | 1670.24 |
Intraday share price targets for Markel Corporation (MKL)
| Target Type | Value |
| Downside Intraday Target | 1599.69 |
| Downside Intraday Target | 1578.55 |
| Upside Intraday Target | 1636.2 |
| Upside Intraday Target | 1651.57 |
| Downside Intraday Target | 1615.06 |
Weekly technical analysis of Markel Corporation (MKL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 1620.83 | 1615.00 | 1630.43 | 1593.92 | 0.604 times |
| 24 Fri May 2024 | 1618.29 | 1658.33 | 1659.16 | 1588.00 | 0.993 times |
| 17 Fri May 2024 | 1663.21 | 1652.00 | 1670.24 | 1630.00 | 0.705 times |
| 10 Fri May 2024 | 1652.22 | 1582.64 | 1655.01 | 1569.18 | 0.69 times |
| 03 Fri May 2024 | 1581.06 | 1439.00 | 1588.31 | 1436.00 | 1.73 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 Markel Corporation (MKL)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 1620.83 | 1449.35 | 1670.24 | 1449.35 | 0.965 times |
| 30 Tue Apr 2024 | 1458.40 | 1523.20 | 1523.20 | 1417.65 | 1.04 times |
| 28 Thu Mar 2024 | 1521.48 | 1494.08 | 1534.62 | 1468.56 | 0.548 times |
| 29 Thu Feb 2024 | 1492.48 | 1390.00 | 1496.10 | 1342.66 | 1.822 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 Markel Corporation (MKL)
Price action analysis of Markel Corporation ( (MKL) ) 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 Markel Corporation ( (MKL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Markel Corporation ( (MKL) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 gaining momentum.
MACD generated a SELL signal for Markel Corporation in short term but the sell signal is initial and weak.
Markel Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Markel Corporation in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 1628.6 and Markel Corporation (MKL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.
Price action analysis of Markel Corporation ( (MKL) ) 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 Markel Corporation ( (MKL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Markel Corporation ( (MKL) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 gaining momentum.
MACD generated a SELL signal for Markel Corporation in short term but the sell signal is initial and weak.
Markel Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Markel Corporation in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 1628.6 and Markel Corporation (MKL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.