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(MKL) Markel Corporation complete technical analysis [charts+indicators] | Buy/Sell Markel Corporation | (MKL) share price targets

Complete technical analysis of Markel Corporation (MKL) by charts plus indicators, forecast predictions and share price targets for Markel Corporation (MKL)

Markel Corporation trades in USA in Finance sector.

Showing technical analysis as on 2024-06-06 View latest technical analysis

10 day averaged volume of Markel Corporation is 31520

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	1599.84	1603.73	1608.18	1593.72	0.825 times
05 Wed Jun 2024	1602.31	1613.96	1613.96	1586.44	0.869 times
04 Tue Jun 2024	1604.94	1624.07	1627.51	1595.47	0.949 times
03 Mon Jun 2024	1631.07	1641.59	1647.41	1614.35	1.003 times
31 Fri May 2024	1641.59	1629.18	1643.89	1621.98	1.621 times
30 Thu May 2024	1620.83	1597.20	1629.74	1597.20	0.784 times
29 Wed May 2024	1598.24	1593.92	1609.74	1593.92	1.072 times
28 Tue May 2024	1603.65	1615.00	1630.43	1602.50	0.961 times
24 Fri May 2024	1618.29	1606.18	1626.09	1588.00	0.888 times
23 Thu May 2024	1616.13	1645.72	1648.99	1611.88	0.955 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1609.8, but if it comes above 1609.8, then a intra day buy could be more profitable.
If you take a sell trade below 1609.8, then use 1609.8 as stoploss and 1586.7 as target. However if you take a buy trade in stock , then use 1609.8 as stoploss and 1629.16 as target.

Share price targets for Markel Corporation (MKL)

Target Type	Value
Downside Target	1342.66
Downside Target	1417.65
Downside Target	1449.35
Downside Target	1569.18
Upside Target	1630.00
Upside Target	1643.89
Upside Target	1647.41
Upside Target	1655.01
Upside Target	1659.16
Upside Target	1670.24

Intraday share price targets for Markel Corporation (MKL)

Target Type	Value
Downside Intraday Target	1575.05
Downside Intraday Target	1550.26
Upside Intraday Target	1636.02
Upside Intraday Target	1672.2
Upside Intraday Target	1611.23

Weekly technical analysis of Markel Corporation (MKL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	1599.84	1641.59	1647.41	1586.44	0.821 times
31 Fri May 2024	1641.59	1615.00	1643.89	1593.92	0.952 times
24 Fri May 2024	1618.29	1658.33	1659.16	1588.00	0.993 times
17 Fri May 2024	1663.21	1652.00	1670.24	1630.00	0.705 times
10 Fri May 2024	1652.22	1582.64	1655.01	1569.18	0.69 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Markel Corporation (MKL)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	1599.84	1641.59	1647.41	1586.44	0.131 times
31 Fri May 2024	1641.59	1449.35	1670.24	1449.35	1.025 times
30 Tue Apr 2024	1458.40	1523.20	1523.20	1417.65	1.04 times
28 Thu Mar 2024	1521.48	1494.08	1534.62	1468.56	0.548 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Markel Corporation (MKL)

Price action analysis of Markel Corporation ( (MKL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Markel Corporation ( (MKL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Markel Corporation ( (MKL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Markel Corporation stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Markel Corporation in short term but the sell signal is initial and weak.

Markel Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Markel Corporation in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Markel Corporation is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1615.59 and Markel Corporation (MKL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Markel Corporation (MKL) stock. Volume based technical analysis of Markel Corporation (MKL) stock is negative.

Markel Corporation Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.