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Uptrend ExhaustionArchive
- 1/3/2025 -
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Moody's Corp (MCO) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second positive week after 3 consecutive negative weeks for the Moody's Corp (MCO). During the week, the MCO climbed 2.40 points, or 0.50%, and closed at 479.20 on Friday, January 3, 2025. Weekly volume was -48% below average.
MCO is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See MCO long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 230.16 and reached 504.00 on November 27, 2024. MCO gained -273.84 points, or -118.98%, in 110 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (370.11) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See MCO medium-term trend chart]
A medium-term uptrend had started on October 30, 2023 at 298.86 and reached 504.00 on November 27, 2024. MCO gained -205.14 points, or -68.64%, in 56 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 465.83 and resistance is at 536.55. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
 Weekly Technical Indicators: [See MCO weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since October 4, 2024. Use the following link to access a MACD help.
 Short-term trend: [See MCO short-term trend chart]
A short-term downtrend had started on November 27, 2024 at 504.00 and reached 457.50 on December 20, 2024. MCO lost 46.50 points, or 9.23%, in 23 days. The price is now at the 46.67% retracement level.
Daily Technical Indicators: [See MCO daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since December 9, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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