MRC GLOBAL INC (MRC)

US55345K1034 - Common Stock

13.67  +0.91 (+7.13%)

After market: 12.99 -0.68 (-4.97%)

Technical Rating and Analysis

9

Taking everything into account, MRC scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, MRC has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, MRC did better than 92% of all other stocks. On top of that, MRC also shows a nice and consistent pattern of rising prices.
MRC is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 92% of 51 stocks in the same industry.
MRC is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MRC has a been trading in the 11.09 - 13.68 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
MRC Weekly chart
MRC Daily chart
Setup Rating and Analysis

1

Although MRC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

10.01

13.81

When analyzing the support we can see 5 important areas.

  • Support @11.23 from a trend line in the daily time frame.
  • Support @10.86 from a trend line in the daily time frame.
  • Support @10.68 from a trend line in the weekly time frame.
  • A support zone ranging from 10.32 to 10.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @10.11 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.2
Mansfield1.4
10 Day High13.68
10 Day Low11.09
20 Day High13.68
20 Day Low11.09
52 Week High13.68
52 Week Low8.15
Performance
1 Week18.77%
2 Weeks17.84%
1 Month13.16%
3 Month27.88%
6 Month30.19%
12 Month57.49%
2 Year22.16%
3 Year27.28%
5 Year-7.64%
10 Year-52.52%
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)76.04
LBB10.52
UBB13.07
MRC Daily chart

MRC GLOBAL INC

NYSE:MRC (5/10/2024, 7:07:30 PM)

After market: 12.99 -0.68 (-4.97%)

13.67

+0.91 (+7.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg7.13%
1 Week18.77%
2 Weeks17.84%
1 Month13.16%
3 Month27.88%
6 Month30.19%
12 Month57.49%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.37
ATR(20)%2.57%
ATR Inc
Range Today0.87
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High13.68
10 Day Low11.09
20 Day High13.68
20 Day Low11.09
52 Week High13.68
52 Week Low8.15
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.32M
Volume Incr107.72%
Vol(5)1.03M
Vol(50)513.38K