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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Mercury General Corporation (NYSE:MCY)

Long-Term Uptrend (+90) - MCY is in a strong uptrend that is likely to continue. While MCY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid MCY?

MarketClub looks at technical strength and momentum to determine if the timing is right for MCY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_MCY
Open High Low MCY Price Change
56.47 56.60 55.52 55.54 -0.59
Entry Signal

MarketClub’s Trade Triangles for MCY

long term up The long-term trend has been UP since Nov 1st, 2023 at 32.33

intermediate term up The intermediate-term trend has been UP since Mar 27th, 2024 at 50.15

short term up The short-term trend has been UP since May 1st, 2024 at 54.16

Smart Scan Analysis for MCY

Based on our trend formula, MCY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MCY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.47 56.60 55.52 55.54 -0.59
Prev. Close Volume Bid Ask Time
55.55 151548 2024-05-07 15:59:36
Year High61.83Year High Date2018-10-30
Year Low41.4046Year Low Date2018-02-06
52wk High57.1252wk High Date2024-04-23
52wk Low27.2752wk Low Date2023-09-27
Year End Close39.69Average Volume302,588
Shares Outstanding55,371Short Interest333,973
% Institutional38.5Market Cap3,048M
Assets739,596,800MLiabilities579,194,100M
P/E Ratio14.4293Beta0.48
Volatility49.75
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