MRC Global Inc (MRC) Technical Analysis
NYSE:MRC • US55345K1034
Current stock price
13.78 USD
-0.06 (-0.43%)
At close:
13.78 USD
0 (0%)
After Hours:
MRC Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to MRC. MRC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 62% of all other stocks performed better in the past year than MRC.
- In the last month MRC has a been trading in the 12.03 - 14.86 range, which is quite wide. It is currently trading near the lows of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- MRC is part of the Trading Companies & Distributors industry. There are 46 other stocks in this industry, MRC did better than 44% of them.
- MRC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MRC is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
MRC Weekly and Daily overview Charts
MRC Setup Rating and Analysis
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
MRC Support and Resistance Analysis
9.98
15.50
When analyzing the support we can see 3 important areas.
- A support zone ranging from 13.68 to 13.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.21 to 13.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.08 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 14.02 to 14.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.85 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 15.13 to 15.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
MRC Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for MRC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MRC is neutral. |
| ChartMill Relative Strength | 38.98 | NEUTRAL | MRC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MRC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MRC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MRC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.52 | NEUTRAL | The RSI value for MRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MRC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.15 | NEUTRAL | The Stochastics value for MRC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for MRC suggests some volalility. |
| Average Directional Index/ADX (14) | 15.3 | NEGATIVE | The low ADX value for MRC suggests a weak or negative trend. |
MRC Chart- and CandleStick Pattern Analysis
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)
MRC Technicals: Chart, Performance Metrics, Trend & Indicators
13.78
-0.06 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.43%
1 Week-1.22%
2 Weeks-1.57%
1 Month-7.21%
3 Month-2.48%
6 Month12.49%
12 Month1.03%
2 Year33.27%
3 Year17.18%
5 Year138.41%
10 Year-6.83%
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%3.81%
ATR Inc296.56%
Range Today2.66
ADR(20)0.52
ADR(20)%3.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.98
3 months CRS31.32
6 months CRS70.34
Mansfield-0.73
10 Day High14.69
10 Day Low12.03
20 Day High14.86
20 Day Low12.03
52 Week High15.59
52 Week Low9.23
CS1 End13.76
CR1 Start14.02
Volume & EV
DER(3)-2.99%
DER(5)-0.27%
Volume1.99M
Volume Incr74.16%
Vol(5)943.12K
Vol(50)687.97K
MRC Global Inc / MRC TA FAQ
What is the ChartMill technical rating of MRC Global Inc (MRC) stock?
ChartMill assigns a technical rating of 1 / 10 to MRC.
What is the current trend direction of MRC Global Inc (MRC) stock?
The current trend direction for MRC Global Inc (MRC) is Bearish.
Can you provide the RSI signal for MRC Global Inc?
MRC Global Inc (MRC) has an RSI value of 44.522. This indicates that the stock is currently neutral.
What is the MACD signal for MRC stock?
The MACD indicator for MRC Global Inc (MRC) has a value of 0.0175728, indicating a bearish trend.