MMC Technical Signal Analysis
MMC have 4 buy signals and 1 sell signal now. The current trend is consolidation starting from 2025-03-12. The total price change during this trend is +0.75%. Recently, the price has increased significantly with an increase in volume, indicating a strong bullish signal. The average turnover of MMC over last 5 trading day is $460,304,875.79
4 Bullish Signal
1 Bearish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
16.08
Bullish
Awesome Oscillator (5, 34)
AO_5_34 > 0
3.06
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
1.94
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
5.15
Bullish
Name
Signal
Value
Meaning
Momentum (10 days)
MOM_10 < 0
-6.31
Bearish
4 Bullish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
16.08
Bullish
Awesome Oscillator (5, 34)
AO_5_34 > 0
3.06
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
1.94
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
5.15
Bullish
MMC Support and Resistance Level
The support levels for MMC are at 229.72, 226.51, and 221.31, while the resistance levels are at 240.11, 243.32, and 248.52. With the current stock price at 231.53, it is leaning more toward the support levels.
MMC Technical Analysis
Technical Analysis of MMC Stock
Price Overview:
- Current Price: $229.94
- High: $231.89
- Low: $229.3
- Volume: 1,721,149
Technical Indicators:
- RSI (14): 51.36 (Neutral)
- MACD: 1.94 (Bullish Signal Line Crossover)
- Stochastic Oscillator: 23.70 (Oversold Region with Bullish Divergence)
- Fibonacci Support: $229.72
- Fibonacci Resistance: $240.11
- Bollinger Bands: 3.62% Volatility
Moving Averages:
- 20-Day SMA: $233.42
- 50-Day SMA: $234.66
Candlestick Pattern:
- Recent price action shows a doji candlestick, indicating indecision.
Volume Analysis:
- Volume is moderate, not showing strong conviction in either direction.
Conclusion:
The stock is trading near the Fibonacci support level and the lower Bollinger Band, suggesting potential for a bounce. However, the overall trend is neutral, and without strong volume, the risk of a downtrend continuation remains.
Recommendation:
Sell MMC at the current price of $229.94, as technical indicators suggest a potential downtrend continuation or further consolidation.
MMC FAQs
Which bull technical signals does MMC have?
Which bearish technical signals does MMC have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for MMC stock?
Is MMC a buy based on overall technical signals summary?
MMC Buy or Sell
MMC has 4 buy signals and 1 sell signals now. Overall the technical rating for MMC is Buy.
Buy
Sell
1
Buy
4
MMC 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 231.53 below the SMA_5. In the short term, the stock shows a negative trend with the 232.12 below the SMA_20. In the mid term, the stock shows a positive trend with the 233.42 above the SMA_60. In the long term, the stock shows a positive trend with the 222.44 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
Free Financial AI Agent for Investment
Ask any investment related question and get answer instantly
What do technical indicators suggest about MMC's current trend?What are MMC's key support and resistance levels?