Marsh & McLennan Technical Analysis (NYSE:MMC)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Marsh & McLennan stock price data and volume are plotted in MMC stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Marsh & McLennan. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Marsh & McLennan stock analysis.
Marsh & McLennan Moving Average
Moving averages show the average price of MMC stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $83.67 is below the price of $84.33.
Marsh & McLennan Bollinger Bands
Bollinger bands comprise of a center line usually MMC SMA, and two MMC stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the upper band in the context of Marsh & McLennan bollinger bands.
Marsh & McLennan Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Marsh & McLennan MACD indicator can be used to identify bullish and bearish trends for the stock.
Marsh & McLennan Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 48.12 is the RSI value of MMC stock.