Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
MRC Global Inc. (NYSE:MRC)
Bear Market Rally (-75) - MRC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MRC as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MRC?
MarketClub looks at technical strength and momentum to determine if the timing is right for MRC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MRC
The long-term trend has been DOWN since Aug 8th, 2023 at 8.4901
The intermediate-term trend has been UP since Nov 3rd, 2023 at 11.1850
The short-term trend has been DOWN since Nov 22nd, 2023 at 10.5400
Smart Scan Analysis for MRC
Based on our trend formula, MRC is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.49 | 10.52 | 10.24 | 10.28 | -0.27 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.29 | 344359 | 2023-11-28 15:59:54 |
| Year High | 22.98 | Year High Date | 2018-07-10 |
| Year Low | 14.71 | Year Low Date | 2018-10-30 |
| 52wk High | 13.9 | 52wk High Date | 2023-02-07 |
| 52wk Low | 8.15 | 52wk Low Date | 2023-08-08 |
| Year End Close | 27.78 | Average Volume | 749,946 |
| Shares Outstanding | 84,302 | Short Interest | 2,915,577 |
| % Institutional | 80.5 | Market Cap | 1,141M |
| Assets | 200,000,000M | Liabilities | 121,000,000M |
| P/E Ratio | 11.3441 | Volatility | 45.53 |