|
|
|
|
Financial Exchanges & Data Industry Stocks Technical Analysis - MCOArchive
- 4/19/2024 -
Sign In to see current Signals. |
Moody's Corp (MCO) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Moody's Corp (MCO). During the week, the MCO gave back -2.49 points, or -0.66%, and closed at 374.67 on Friday, April 19, 2024. Weekly volume was 8% above 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 407.62 on February 12, 2024. MCO gained -177.46 points, or -77.10%, in 69 weeks. The price is now at the 18.57% retracement level.
 Medium-term trend: [See MCO medium-term trend chart]
A medium-term uptrend had started on February 14, 2024 at 363.49 and reached 402.38 on April 4, 2024. MCO gained -38.89 points, or -10.70%, in 7 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (396.13) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. MCO may retest the broken support line. It is considered to be a resistance line now. 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 support 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 February 23, 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 April 4, 2024 at 402.38 and reached 369.42 on April 18, 2024. MCO lost 32.96 points, or 8.19%, in 14 days. The chart has formed a Broadening Descending Wedge chart pattern.
 Daily Technical Indicators: [See MCO daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The daily MACD line is below its signal line since April 9, 2024. This is an indication that the short-term trend is down.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Financials |
9 |
| Industry |
Financial Exchanges & Data |
28 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Broadening Descending Wedge |
| High |
402.38 |
| High Date |
04/04/2024 |
| Low |
369.42 |
| Low Date |
04/18/2024 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Wedge |
| Status |
Broken Support |
| Resistance |
406.95 |
| Support |
396.13 |
| Low |
363.49 |
| Low Date |
02/14/2024 |
| High |
402.38 |
| High Date |
04/04/2024 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
298.86 |
| Low Date |
10/30/2023 |
| High |
407.62 |
| High Date |
02/12/2024 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
230.16 |
| Low Date |
10/13/2022 |
| High |
407.62 |
| High Date |
02/12/2024 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
407.94 |
| High Date |
11/01/2021 |
| Low |
230.16 |
| Low Date |
10/13/2022 |
|
|