MRC Makes Bullish Cross Above Critical Moving Average

In trading on Friday, shares of MRC Global Inc ( MRC) crossed above their 200 day moving average of $28.81, changing hands as high as $28.93 per share. MRC Global Inc shares are currently trading up about 1.3% on the day. The chart below shows the one year performance of MRC shares, versus its 200 day moving average:

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MRC Global Inc 200 Day Moving Average Chart

Looking at the chart above, MRC's low point in its 52 week range is $21.60 per share, with $34.14 as the 52 week high point — that compares with a last trade of $28.77.

MRC makes up 1.86% of the Direxion All Cap Insider Sentiment Shares ETF ( KNOW)
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