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(MRC) Mrc Global complete technical analysis [charts+indicators] | Buy/Sell Mrc Global | (MRC) share price targets

Complete technical analysis of Mrc Global (MRC) by charts plus indicators, forecast predictions and share price targets for Mrc Global (MRC)

Mrc Global trades in USA in Capital Goods sector.

Showing technical analysis as on 2024-02-20 View latest technical analysis

10 day averaged volume of Mrc Global is 991020

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	11.75	11.84	12.06	11.68	0.718 times
16 Fri Feb 2024	11.96	12.04	12.20	11.86	1.049 times
15 Thu Feb 2024	12.06	11.91	12.43	11.89	2.029 times
14 Wed Feb 2024	11.78	11.00	11.96	10.96	2.646 times
13 Tue Feb 2024	10.38	10.53	10.65	10.31	1.256 times
12 Mon Feb 2024	10.88	10.70	11.00	10.64	0.666 times
09 Fri Feb 2024	10.69	10.74	10.82	10.60	0.436 times
08 Thu Feb 2024	10.77	10.48	10.77	10.45	0.424 times
07 Wed Feb 2024	10.53	10.50	10.56	10.29	0.839 times
06 Tue Feb 2024	10.47	10.33	10.59	10.33	0.284 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11.4, but if it comes below 11.4, then a intra day sell could be more profitable.
If you take a sell trade below 11.4, then use 11.4 as stoploss and 10.82 as target. However if you take a buy trade in stock , then use 11.4 as stoploss and 12 as target.

Share price targets for Mrc Global (MRC)

Target Type	Value
Downside Target	9.47
Downside Target	9.77
Downside Target	10.19
Downside Target	10.67
Downside Target	11.19
Downside Target	11.21
Downside Target	11.30
Downside Target	11.44
Downside Target	11.68
Upside Target	12.06
Upside Target	12.43

Intraday share price targets for Mrc Global (MRC)

Target Type	Value
Downside Intraday Target	11.6
Downside Intraday Target	11.45
Upside Intraday Target	11.98
Upside Intraday Target	12.21
Upside Intraday Target	11.83

Weekly technical analysis of Mrc Global (MRC)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	11.75	11.84	12.06	11.68	0.094 times
16 Fri Feb 2024	11.96	10.70	12.43	10.31	3.247 times
09 Fri Feb 2024	10.69	10.37	10.82	10.24	0.828 times
02 Fri Feb 2024	10.51	10.38	10.97	10.19	1.035 times
26 Fri Jan 2024	10.41	10.33	10.67	10.20	2.111 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Mrc Global (MRC)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	11.75	10.71	12.43	10.24	0.995 times
31 Wed Jan 2024	10.66	11.03	11.30	9.77	1.253 times
29 Fri Dec 2023	11.01	10.26	11.21	9.93	0.778 times
30 Thu Nov 2023	10.34	10.56	11.44	9.91	0.623 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Mrc Global (MRC)

Price action analysis of Mrc Global ( (MRC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mrc Global ( (MRC) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mrc Global ( (MRC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Mrc Global stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Mrc Global in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mrc Global Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mrc Global in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mrc Global is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.4 and Mrc Global (MRC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Mrc Global (MRC) stock. Volume based technical analysis of Mrc Global (MRC) stock is negative.

Mrc Global Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.