MRC GLOBAL INC (MRC) Stock Technical Analysis
NYSE:MRC - New York Stock Exchange, Inc. - US55345K1034 - Common Stock - Currency: USD
We assign a technical rating of 0 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, MRC is a bad performer in the overall market: 72% of all stocks are doing better.
MRC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
MRC is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry, MRC did better than 40% of them.
In the last month MRC has a been trading in the 9.23 - 12.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of MRC is bad and it also does not present a quality setup 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
9.69
15.00
We found 2 important support areas.
- Support @10.82 from a trend line in the daily time frame.
- Support @9.79 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @11.45 from a trend line in the daily time frame.
- Resistance @12.44 from a horizontal line in the daily time frame.
- 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
CRS28.25
Mansfield-0.89
10 Day High11.17
10 Day Low9.23
20 Day High12.28
20 Day Low9.23
52 Week High15.41
52 Week Low9.23
Performance
1 Week7.96%
2 Weeks2.75%
1 Month-11.72%
3 Month-24.81%
6 Month-13.89%
12 Month-7.97%
2 Year11.4%
3 Year-9.51%
5 Year102.43%
10 Year-25.68%
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)0.04
RSI(14)48.05
LBB9.13
UBB11.81
10.85
+0.61 (+5.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg5.96%
1 Week7.96%
2 Weeks2.75%
1 Month-11.72%
3 Month-24.81%
6 Month-13.89%
12 Month-7.97%
2 Year11.4%
3 Year-9.51%
5 Year102.43%
10 Year-25.68%
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%5.17%
ATR Inc-2.08%
Range Today0.99
ADR(20)0.49
ADR(20)%4.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.25
Mansfield-0.89
10 Day High11.17
10 Day Low9.23
20 Day High12.28
20 Day Low9.23
52 Week High15.41
52 Week Low9.23
CS1 End10.82
CR1 Start11.45
Volume & EV
DER(3)2.02%
DER(5)0.53%
Volume885.80K
Volume Incr-33.63%
Vol(5)612.70K
Vol(50)826.23K