Moelis & Company (MC)

Moelis & Company is trading at $54.86, up 3.39% on the session. The 50 day average sits at $62.23 and the 200 day at $64.81, which puts the stock in a downtrend. RSI is at 28.4, which reads as oversold, and MACD is bearish crossover. Volume is above average.

The nearest support is around $52.74 with resistance near $58.28, so that band frames the current range. Average daily movement is roughly $2.02, or about 3.7% of the share price, which is what any stop placement has to allow for. The overall health score of 30 out of 100 combines a trend score of 0, momentum of 31 and a risk score of 77.

Moelis & Company operates as an investment banking advisory company in North and South America, Europe, the Middle East, Asia, and Australia. It offers advisory services in the areas of mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters, as well as strategic advisory, capital markets, capital structure advisory, and private capital advisory. The company serves public multinational corporations, middle market private companies, financial sponsors, entrepreneurs, governments, and sovereign wealth funds clients. Moelis & Company was founded in 2007 and is headquartered in New York, New York.