MERCURY GENERAL CORP stock forecast: up to 55.00 USD MCY stock price prognosis

STOCK

Forecast for Thu 20 Jun 2024 price 54.78

MERCURY GENERAL CORP stock price forecast for further price development up to 12.44% (time horizon: 1 day) and price target of 55.00 USD. Short-term (time horizon: 2 weeks) MERCURY GENERAL CORP share price prediction for 2024-06-20 with daily closed price projections

Key Facts

Symbol MCY 

ISIN US5894001008 

CUSIP 589400100

Currency USD

Category Fire, Marine & Casualty Insurance

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Revenue 4,067,871,000.0

Earnings per share 11.21

Dividends 2.53

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On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

3) No individual state accounted for more than 4% of total direct premiums written. 4) The majority of the Company's umbrella policies have coverage limits of $1,000,000. The Company believes that it compensates its agents above the industry average. Its carrying value is limited to 10% of adjusted surplus. These programs are not a significant contributor to the business written in those states. He rejoined the Company in 1998 as Vice President and Chief Financial Officer. Mr. Victor Joseph is Mr. George Joseph's son. In 2007, he joined Superior Access Insurance Services as Director of Agency Operations. It is also possible that claims fraud may increase. Regulation of Insurance Rates and Approval of Policy Forms. See "Overview—A. General—Technology" in "Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations."

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/64996/000006499621000004/0000064996-21-000004.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 43.40/100
    • Good financial position.
    • Historical view, profit is growing.
    • Company revenue is not growing faster compared with the industry.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - BARCLAYS PLC 2023-06-30 14897
A - OSAIC HOLDINGS, INC. 2023-06-30 3120
Front Row Advisors LLC 2023-03-31 200
VOYA INVESTMENT MANAGEMENT LLC 2022-09-30 137225
MetLife Investment Management, LLC 2022-12-31 13960

Fund ownership list is based on filling form information

Fund name Date Amount Profile
SCHWAB STRATEGIC TRUST 2023-11-30 229836 Long
SCHWAB STRATEGIC TRUST 2023-11-30 1449 Long
SCHWAB STRATEGIC TRUST 2023-11-30 120812 Long
SCHWAB STRATEGIC TRUST 2023-11-30 14890 Long
MORGAN STANLEY PATHWAY FUNDS 2023-11-30 1086 Long
Assets / Liabilities

Bollinger Bollinger Bands for MERCURY GENERAL CORP can provide the information where the market is moving based on price information.

MERCURY GENERAL CORP Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.

Converting prices to returns MERCURY GENERAL CORP.

On-Balance Volume information for MERCURY GENERAL CORP. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for MERCURY GENERAL CORP. The indicator identify divergences between price and volume flow.

Aroon Oscillator information for MERCURY GENERAL CORP. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.

Average Directional Index (ADX) information for MERCURY GENERAL CORP. The index can be used to identify the strengh of a trend.

Moving Average Convergence Divergence (MACD) for MERCURY GENERAL CORP. The indicator helps to predict trend direction and the momentum of the trend.

Stochastic Oscillator as momentum indicator for MERCURY GENERAL CORP. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for MERCURY GENERAL CORP. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].

Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.

The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.

The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.

Moving Average Crossover

52W High 52W Low Market Cap

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MERCURY GENERAL CORP on Nasdaq

MERCURY GENERAL CORP on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-24 55.00 2024-04-25 06:47
2024-05-22 55.02 2024-04-25 06:47
2024-05-23 54.99 2024-04-25 06:47
2024-05-20 55.06 2024-04-25 06:47
2024-05-21 55.17 2024-04-25 06:47
2024-05-27 55.00 2024-04-25 06:47
2024-05-28 54.95 2024-04-25 06:47
2024-05-29 54.89 2024-04-25 06:47
2024-05-30 54.88 2024-04-25 06:47
2024-06-05 54.82 2024-04-25 06:47
2024-06-07 54.84 2024-04-25 06:47
2024-06-03 54.90 2024-04-25 06:47
2024-06-04 54.86 2024-04-25 06:47
2024-06-10 54.86 2024-04-25 06:47
2024-06-11 54.84 2024-04-25 06:47
2024-05-31 54.89 2024-04-25 06:47
2024-06-06 54.81 2024-04-25 06:47
2024-06-12 54.82 2024-04-25 06:47
2024-06-13 54.81 2024-04-25 06:47
2024-06-19 54.78 2024-04-25 06:47
2024-06-20 54.78 2024-04-25 06:47
2024-06-17 54.82 2024-04-25 06:47
2024-06-18 54.79 2024-04-25 06:47
2024-06-14 54.82 2024-04-25 06:47
2024-05-13 54.85 2024-04-25 06:47
2024-05-14 55.02 2024-04-25 06:47
2024-05-15 54.88 2024-04-25 06:47
2024-05-16 54.83 2024-04-25 06:47
2024-04-26 55.12 2024-04-25 06:47
2024-05-01 55.09 2024-04-25 06:47
2024-05-02 54.80 2024-04-25 06:47
2024-05-03 54.79 2024-04-25 06:47
2024-05-06 54.83 2024-04-25 06:47
2024-05-07 54.80 2024-04-25 06:47
2024-05-08 54.66 2024-04-25 06:47
2024-05-09 54.56 2024-04-25 06:47
2024-04-29 55.17 2024-04-25 06:47
2024-04-30 55.26 2024-04-25 06:47
2024-05-17 54.86 2024-04-25 06:47
2024-05-10 54.59 2024-04-25 06:47

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.