MKL Technical Signal Analysis
MKL have 4 buy signals and 3 sell signals now. The current trend is consolidation starting from 2025-03-06. The total price change during this trend is -4.29%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of MKL over last 5 trading day is $109,684,839.20
4 Bullish Signal
3 Bearish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
11
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-134.68
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
1.04
Bullish
Williams %R (14 days)
WILLR_14 < -80
-86.27
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-30.31
Bearish
Momentum (10 days)
MOM_10 < 0
-78.9
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-2.94
Bearish
4 Bullish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
11
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-134.68
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
1.04
Bullish
Williams %R (14 days)
WILLR_14 < -80
-86.27
Bullish
MKL Support and Resistance Level
The support levels for MKL are at 1815.07, 1778.58, and 1719.51, while the resistance levels are at 1933.21, 1969.7, and 2028.77. With the current stock price at 1819.38, it is leaning more toward the support levels.
MKL Technical Analysis
Technical Analysis of MKL Stock
Price and Volume Analysis:
- Current Price: 1856.24 (as of 2025-03-07)
- Volume: 52,041
- The stock closed at 1892.76 on the previous trading day, indicating a slight decline in price.
Technical Indicators:
- RSI (14): 53.12 (Neutral)
- MACD: 17.18 (Positive, but signal line is -4.08)
- Stochastic Oscillator: K=55.04, D=49.49 (Bearish signal as K > D)
Fibonacci Levels:
- Pivot Point: 1896.08
- Resistance Levels: 1938.58, 1964.83
- Support Levels: 1853.59, 1827.34
Recommendation:
Based on the analysis, MKL stock is currently showing bearish signals. The price is below the pivot point, and the MACD and Stochastic Oscillator suggest a bearish trend.
Action: Sell MKL stock at the current price of 1856.24, with target support levels at 1853.59 and 1827.34.
MKL FAQs
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Is MKL a buy based on overall technical signals summary?
MKL Buy or Sell
MKL has 4 buy signals and 3 sell signals now. Overall the technical rating for MKL is Neutral.
Neutral
Sell
3
Buy
4
MKL Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 1819.38 below the SMA_5. In the short term, the stock shows a negative trend with the 1838.24 below the SMA_20. In the mid term, the stock shows a positive trend with the 1871.27 above the SMA_60. In the long term, the stock shows a positive trend with the 1813.44 above the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about MKL's current trend?What are MKL's key support and resistance levels?