Mercury General Corporation (MCY)

Mercury General Corporation is trading at $106.37, up 0.05% on the session. The 50 day average sits at $105.49 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 46.2, which reads as neutral, and MACD is bearish crossover. Volume is below average.

The nearest support is around $105.21 with resistance near $110.90, so that band frames the current range. Average daily movement is roughly $2.83, or about 2.7% of the share price, which is what any stop placement has to allow for. The overall health score of 59 out of 100 combines a trend score of 72, momentum of 38 and a risk score of 67.

Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. It also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance products. The company's automobile insurance products include collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners insurance products comprise dwelling, liability, personal property, and other coverages. It sells its policies through a network of independent agents and insurance agencies, as well as directly through internet sales portals in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. Mercury General Corporation was incorporated in 1961 and is headquartered in Los Angeles, California.