Mercury General: 15min chart triggers MACD Death Cross, KDJ Death Cross alert.

Mercury General's 15-minute chart has recently triggered a MACD Death Cross and a KDJ Death Cross, both occurring on July 29, 2025 at 4:00 PM. This indicates that the stock price is poised to continue its downward trajectory, with the momentum shifting in favor of a further decline.

Mercury General Corp (MGEN) reported strong financial results for the second quarter of 2025, with net premiums earned rising 10.6% year-over-year to $1.48 billion, and net income surging 166.1% to $166.5 million [1]. The company's combined ratio improved to 92.5% from 98.9% last year, indicating better underwriting performance and fewer claims [1].

The improved financials were driven by increased ceded premiums following reinsurance reinstatement and reduced catastrophe losses net of reinsurance [1]. The operating income also climbed to $147.9 million, reflecting the company's core profitability [1]. Analysts remain bullish on the stock, with no sell ratings and a consensus price target nearly 13% above the latest close [1, 2].

Technically, Mercury General's 15-minute chart recently triggered a MACD Death Cross and a KDJ Death Cross on July 29, 2025, at 4:00 PM. This indicates that the stock price is poised to continue its downward trajectory, with the momentum shifting in favor of a further decline [3].

References:

[1] https://www.tradingview.com/news/reuters.com,2025:newsml_PLX34B772:0-mercury-general-q2-premiums-earned-rise/
[2] https://finimize.com/content/mercury-general-delivers-higher-profits-on-fewer-insurance-claims
[3] Based on the provided writing topic