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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 2024-06-18 View latest technical analysis

10 day averaged volume of Markel Corporation is 35070

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	1558.60	1554.00	1566.63	1548.48	1.54 times
18 Tue Jun 2024	1558.60	1554.00	1566.63	1548.48	1.54 times
17 Mon Jun 2024	1554.05	1543.00	1555.46	1534.34	1.642 times
14 Fri Jun 2024	1544.07	1543.79	1553.83	1538.00	0.753 times
13 Thu Jun 2024	1550.27	1554.76	1557.63	1546.51	0.733 times
12 Wed Jun 2024	1557.04	1556.00	1568.62	1546.00	0.861 times
11 Tue Jun 2024	1555.06	1573.74	1576.00	1547.86	1.089 times
10 Mon Jun 2024	1579.70	1596.98	1596.98	1576.05	1.066 times
07 Fri Jun 2024	1601.43	1602.69	1615.33	1596.49	0.793 times
06 Thu Jun 2024	1599.84	1603.73	1608.18	1593.72	0.741 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1560.3, but if it comes above 1560.3, then a intra day buy could be more profitable.
If you take a sell trade below 1560.3, then use 1560.3 as stoploss and 1522.1 as target. However if you take a buy trade in stock , then use 1560.3 as stoploss and 1592.19 as target.

Share price targets for Markel Corporation (MKL)

Target Type	Value
Downside Target	1342.66
Downside Target	1417.65
Downside Target	1449.35
Upside Target	1566.63
Upside Target	1586.44
Upside Target	1593.92
Upside Target	1596.98
Upside Target	1643.89
Upside Target	1647.41
Upside Target	1670.24

Intraday share price targets for Markel Corporation (MKL)

Target Type	Value
Downside Intraday Target	1549.18
Downside Intraday Target	1539.75
Upside Intraday Target	1567.33
Upside Intraday Target	1576.05
Downside Intraday Target	1557.9

Weekly technical analysis of Markel Corporation (MKL)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	1558.60	1554.00	1566.63	1548.48	0.484 times
18 Tue Jun 2024	1558.60	1543.00	1566.63	1534.34	0.707 times
14 Fri Jun 2024	1544.07	1596.98	1596.98	1538.00	1.107 times
07 Fri Jun 2024	1601.43	1641.59	1647.41	1586.44	1.02 times
31 Fri May 2024	1641.59	1615.00	1643.89	1593.92	0.952 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
18 Tue Jun 2024	1558.60	1641.59	1647.41	1534.34	0.531 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Markel Corporation ( (MKL) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Strong and stock is losing momentum.

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

Markel Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1563.93 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 negative.

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