How the (MKL) price action is used to our Advantage
February 18, 2025, 06:28 am ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for MKL
- Buy MKL near 1760.06 target 1881.67 stop loss @ 1754.98 Details
The technical summary data tells us to buy MKL near 1760.06 with an upside target of 1881.67. This data also tells us to set a stop loss @ 1754.98 to protect against excessive loss in case the stock begins to move against the trade. 1760.06 is the first level of support below 1868.01 , and by rule, any test of support is a buy signal. In this case, support 1760.06 is being tested, a buy signal would exist.
- Short MKL slightly under 1881.67, target 1760.06, stop loss @ 1887.1 Details
The technical summary data is suggesting a short of MKL as it gets near 1881.67 with a downside target of 1760.06. We should have a stop loss in place at 1887.1though. 1881.67 is the first level of resistance above 1868.01, and by rule, any test of resistance is a short signal. In this case, if resistance 1881.67 is being tested, a short signal would exist.
Swing Trading Plans for MKL
- Buy MKL slightly over 1881.67, target 1891.68, Stop Loss @ 1876.24 Details
If 1881.67 begins to break higher, the technical summary data tells us to buy MKL just slightly over 1881.67, with an upside target of 1891.68. The data also tells us to set a stop loss @ 1876.24 in case the stock turns against the trade. 1881.67 is the first level of resistance above 1868.01, and by rule, any break above resistance is a buy signal. In this case, 1881.67, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short MKL slightly near 1881.67, target 1760.06, Stop Loss @ 1887.1. Details
The technical summary data is suggesting a short of MKL if it tests 1881.67 with a downside target of 1760.06. We should have a stop loss in place at 1887.1 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 1881.67, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for MKL
- Buy MKL slightly over 1870.71, target 1881.67, Stop Loss @ 1866.35 Details
If 1870.71 begins to break higher, the technical summary data tells us to buy MKL just slightly over 1870.71, with an upside target of 1881.67. The data also tells us to set a stop loss @ 1866.35 in case the stock turns against the trade. 1870.71 is the first level of resistance above 1868.01, and by rule, any break above resistance is a buy signal. In this case, 1870.71, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short MKL slightly near 1870.71, target 1837.83, Stop Loss @ 1875.07. Details
The technical summary data is suggesting a short of MKL if it tests 1870.71 with a downside target of 1837.83. We should have a stop loss in place at 1875.07 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 1870.71, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Markel Group Inc. (MKL) available here: MKL.
MKL Ratings for February 18:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Strong |
Strong |
| P1 |
0 |
0 |
1651.67 |
| P2 |
1837.83 |
1891.68 |
1760.06 |
| P3 |
1870.71 |
2036.83 |
1881.67 |
AI Generated Signals for MKL
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Markel Group Inc. (NYSE: MKL) data table below can help you with price action, and we have more details too. Trading plans for MKL are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for MKL:
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