Mercury General (MCY, $60.51) RSI Indicator left the overbought zone on May 12, 2025

#PropertyCasualtyInsurance, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #MidCap, #Russel2000
MCY - Mercury General Corp
RSI signal
Bearish Trend
69%
Odds of DOWN Trend
Price: $60.51
Daily change: +$0.32 (+0.53%)
Daily volume: 347.8K
Capitalization: $3.4B
Industry: Property/Casualty Insurance

This is a signal that MCY's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 48 similar cases where MCY's RSI Indicator left the overbought zone, and in 33 of them led to a successful outcome. Odds of Success: 69%.