Technical Analysis for MKL - Markel Corporation

Grade Last Price % Change Price Change
A 1663.21 0.64% 10.63
MKL closed up 0.64 percent on Friday, May 17, 2024, on 58 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: May 22
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
NR7 Range Contraction 0.00%
Doji - Bearish? Reversal 0.00%
New 52 Week High Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish 0.64%
Doji - Bearish? Reversal 0.64%
New 52 Week High Strength 0.64%
Gapped Up Strength 0.64%

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Profile

Markel Corporation Description

Markel Corporation markets and underwrites specialty insurance products in the United States and internationally. It operates in three segments: Excess and Surplus Lines, Specialty Admitted, and London Insurance Market. The Excess and Surplus Lines segment writes risks outside of the standard market, including catastrophe-exposed property, professional liability, products liability, general liability, and commercial umbrella. This segment also provides environmental, transportation, inland marine, ocean marine, and railroad insurance products, as well as casualty facultative reinsurance, and public entity insurance and reinsurance products. The Specialty Admitted segment writes risks that remain with an admitted insurance company for marketing and regulatory reasons. This segment writes specialty program, personal and commercial property, accident and health, liability, and workers' compensation insurance products. The London Insurance Market segment writes specialty property, casualty, professional liability, equine, marine, energy, and trade credit insurance and reinsurance products. Markel Corporation was founded in 1930 and is headquartered in Glen Allen, Virginia.


Classification

Sector: Financial Services
Industry: Insurance - Property & Casualty
Keywords: Insurance Insurance Products Actuarial Science Reinsurance Credit Insurance Reinsurance Products Compensation Insurance Compensation Insurance Products Personal And Commercial Property Beazley Group Trade Credit Insurance

Is MKL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 1670.24
52 Week Low 1295.65
Average Volume 40,752
200-Day Moving Average 1466.59
50-Day Moving Average 1517.71
20-Day Moving Average 1559.38
10-Day Moving Average 1634.50
Average True Range 28.52
RSI (14) 75.00
ADX 41.57
+DI 35.17
-DI 7.94
Chandelier Exit (Long, 3 ATRs) 1584.67
Chandelier Exit (Short, 3 ATRs) 1505.61
Upper Bollinger Bands 1727.22
Lower Bollinger Band 1391.54
Percent B (%b) 0.81
BandWidth 21.53
MACD Line 47.96
MACD Signal Line 37.85
MACD Histogram 10.1081
Fundamentals Value
Market Cap 21.84 Billion
Num Shares 13.1 Million
EPS 147.04
Price-to-Earnings (P/E) Ratio 11.31
Price-to-Sales 1.19
Price-to-Book 1.25
PEG Ratio 0.89
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1689.31
Resistance 3 (R3) 1688.75 1679.50 1684.96
Resistance 2 (R2) 1679.50 1672.85 1679.78 1683.51
Resistance 1 (R1) 1671.35 1668.74 1666.73 1671.91 1682.06
Pivot Point 1662.10 1662.10 1659.78 1662.38 1662.10
Support 1 (S1) 1653.95 1655.45 1649.33 1654.51 1644.36
Support 2 (S2) 1644.70 1651.34 1644.98 1642.91
Support 3 (S3) 1636.55 1644.70 1641.46
Support 4 (S4) 1637.11