(MKL) Investment Analysis and Advice

January 16, 2025, 13:32 pm ET, BY Billy- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for MKL

• Buy MKL near 1696.94 target 1786.12 stop loss @ 1692.04 Details

The technical summary data tells us to buy MKL near 1696.94 with an upside target of 1786.12. This data also tells us to set a stop loss @ 1692.04 to protect against excessive loss in case the stock begins to move against the trade. 1696.94 is the first level of support below 1761.72 , and by rule, any test of support is a buy signal. In this case, support 1696.94 is being tested, a buy signal would exist.

• Short MKL slightly under 1786.12, target 1696.94, stop loss @ 1791.28 Details

The technical summary data is suggesting a short of MKL as it gets near 1786.12 with a downside target of 1696.94. We should have a stop loss in place at 1791.28though. 1786.12 is the first level of resistance above 1761.72, and by rule, any test of resistance is a short signal. In this case, if resistance 1786.12 is being tested, a short signal would exist.

Swing Trading Plans for MKL

• Buy MKL slightly over 1786.12, target n/a, Stop Loss @ 1780.96 Details

If 1786.12 begins to break higher, the technical summary data tells us to buy MKL just slightly over 1786.12, with an upside target of n/a. The data also tells us to set a stop loss @ 1780.96 in case the stock turns against the trade. 1786.12 is the first level of resistance above 1761.72, and by rule, any break above resistance is a buy signal. In this case, 1786.12, 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 1786.12, target 1722.43, Stop Loss @ 1791.28. Details

The technical summary data is suggesting a short of MKL if it tests 1786.12 with a downside target of 1722.43. We should have a stop loss in place at 1791.28 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, 1786.12, 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 1786.12, target n/a, Stop Loss @ 1781.95 Details

If 1786.12 begins to break higher, the technical summary data tells us to buy MKL just slightly over 1786.12, with an upside target of n/a. The data also tells us to set a stop loss @ 1781.95 in case the stock turns against the trade. 1786.12 is the first level of resistance above 1761.72, and by rule, any break above resistance is a buy signal. In this case, 1786.12, 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 1786.12, target 1752.73, Stop Loss @ 1790.29. Details

The technical summary data is suggesting a short of MKL if it tests 1786.12 with a downside target of 1752.73. We should have a stop loss in place at 1790.29 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, 1786.12, 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 January 16:

AI Generated Signals for MKL

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Prudent Investment Analysis requires observations of the support and resistance levels for Markel Group Inc. (NYSE: MKL) too.  These define prudent trading plans.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for MKL change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if MKL is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for MKL too.  All of these are offered below the Summary Table.