MRC Global (MRC, $11.65) price may drop as it broke higher Bollinger Band on Apr 24, 2025

#OilfieldServicesEquipment, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap, #Russel2000
MRC - MRC Global
Bollinger signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $11.65
Daily change: +$0.51 (+4.58%)
Daily volume: 657.2K
Capitalization: $1B
Industry: Oilfield Services/Equipment

This price move could be a signal that MRC may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 48 similar cases where MRC's price broke its higher Bollinger Band, and 43 of them led to a successful outcome. Odds of Success: 90%.