MRC GLOBAL INC (MRC) Stock Technical Analysis
NYSE:MRC - New York Stock Exchange, Inc. - US55345K1034 - Common Stock - Currency: USD
Taking everything into account, MRC scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. MRC was also a bad performer in the overall market in the last year.
64% of all other stocks performed better in the past year than MRC.
In the last month MRC has a been trading in the 9.23 - 12.16 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
MRC is part of the Trading Companies & Distributors industry. There are 50 other stocks in this industry, MRC did better than 51% of them.
MRC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
MRC has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.55
15.00
When analyzing the support we can see 4 important areas.
- A support zone ranging from 11.38 to 11.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.08 from a horizontal line in the weekly time frame.
- Support @9.83 from a trend line in the weekly time frame.
- Support @9.65 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 14.85 to 14.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.8
Mansfield-0.55
10 Day High12.16
10 Day Low10.47
20 Day High12.16
20 Day Low9.23
52 Week High15.41
52 Week Low9.23
Performance
1 Week2.54%
2 Weeks11.43%
1 Month14.49%
3 Month-17.64%
6 Month-0.74%
12 Month5.04%
2 Year39.13%
3 Year8.04%
5 Year104.22%
10 Year-21.03%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.2
RSI(14)63.03
LBB9.9
UBB12.46
12.09
+0.4 (+3.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg3.42%
1 Week2.54%
2 Weeks11.43%
1 Month14.49%
3 Month-17.64%
6 Month-0.74%
12 Month5.04%
2 Year39.13%
3 Year8.04%
5 Year104.22%
10 Year-21.03%
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%4.44%
ATR Inc-6.99%
Range Today0.34
ADR(20)0.49
ADR(20)%4.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.8
Mansfield-0.55
10 Day High12.16
10 Day Low10.47
20 Day High12.16
20 Day Low9.23
52 Week High15.41
52 Week Low9.23
CS1 End11.77
CR1 Start14.85
Volume & EV
DER(3)-1.07%
DER(5)-1.46%
Volume381.80K
Volume Incr-20.43%
Vol(5)567.46K
Vol(50)765.10K