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.
When comparing the yearly performance of all stocks, MRC is a bad performer in the overall market: 71% of all stocks are doing better.
In the last month MRC has a been trading in the 12.13 - 15.41 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
MRC is an average performer in the Trading Companies & Distributors industry, it outperforms 50% of 49 stocks in the same industry.
MRC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MRC is lagging the market.
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
12.01
15.00
We found 1 important support area.
- A support zone ranging from 12.13 to 12.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @12.19 from a horizontal line in the daily time frame.
- A resistance zone ranging from 12.89 to 12.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 13.37 to 13.52. 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 daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.92
Mansfield-1.24
10 Day High13.48
10 Day Low12.13
20 Day High15.41
20 Day Low12.13
52 Week High15.41
52 Week Low11.09
Performance
1 Week-6.95%
2 Weeks-8.97%
1 Month-19.18%
3 Month-13.37%
6 Month-6.6%
12 Month4.1%
2 Year8.75%
3 Year20.59%
5 Year40%
10 Year-5.36%
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)-0.18
RSI(14)34.21
LBB11.87
UBB14.65
12.18
-0.59 (-4.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-4.62%
1 Week-6.95%
2 Weeks-8.97%
1 Month-19.18%
3 Month-13.37%
6 Month-6.6%
12 Month4.1%
2 Year8.75%
3 Year20.59%
5 Year40%
10 Year-5.36%
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%3.92%
ATR Inc1.64%
Range Today0.75
ADR(20)0.45
ADR(20)%3.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.92
Mansfield-1.24
10 Day High13.48
10 Day Low12.13
20 Day High15.41
20 Day Low12.13
52 Week High15.41
52 Week Low11.09
CS1 End12.17
CR1 Start12.19
Volume & EV
DER(3)-3.15%
DER(5)-2.59%
Volume492.70K
Volume Incr-29.57%
Vol(5)590.02K
Vol(50)647.81K