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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.

Open High Low MRC Price Change
10.49 10.52 10.24 10.28 -0.27
Entry Signal

MarketClub’s Trade Triangles for MRC

long term down The long-term trend has been DOWN since Aug 8th, 2023 at 8.4901

intermediate term up The intermediate-term trend has been UP since Nov 3rd, 2023 at 11.1850

short term down 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).

Smart Scan Analysis for MRC
Strong Downtrend Sideways 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 High22.98Year High Date2018-07-10
Year Low14.71Year Low Date2018-10-30
52wk High13.952wk High Date2023-02-07
52wk Low8.1552wk Low Date2023-08-08
Year End Close27.78Average Volume749,946
Shares Outstanding84,302Short Interest2,915,577
% Institutional80.5Market Cap1,141M
P/E Ratio11.3441Volatility45.53
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