(MGRC) Mcgrath Rentcorp complete technical analysis [charts+indicators] | Buy/Sell Mcgrath Rentcorp | (MGRC) share price targets
Complete technical analysis of Mcgrath Rentcorp (MGRC) by charts plus indicators, forecast predictions and share price targets for Mcgrath Rentcorp (MGRC)
Mcgrath Rentcorp trades in USA in Technology sector.
Showing technical analysis as on 2024-05-17 View latest technical analysis
10 day averaged volume of Mcgrath Rentcorp is 94279
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 111.60 | 108.90 | 111.74 | 108.80 | 1.077 times |
| 16 Thu May 2024 | 108.49 | 108.38 | 109.78 | 108.03 | 1.462 times |
| 15 Wed May 2024 | 108.87 | 109.90 | 110.72 | 108.57 | 0.855 times |
| 14 Tue May 2024 | 109.07 | 109.01 | 109.82 | 107.77 | 0.904 times |
| 13 Mon May 2024 | 108.00 | 109.91 | 110.22 | 107.90 | 0.878 times |
| 10 Fri May 2024 | 109.65 | 110.03 | 110.03 | 108.62 | 0.561 times |
| 09 Thu May 2024 | 109.83 | 109.83 | 111.09 | 109.34 | 1.085 times |
| 08 Wed May 2024 | 110.17 | 109.36 | 110.25 | 108.89 | 0.562 times |
| 07 Tue May 2024 | 109.92 | 109.76 | 110.22 | 109.57 | 2.413 times |
| 06 Mon May 2024 | 109.95 | 109.82 | 110.15 | 108.76 | 0.625 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 112, for a target of 110.4 or 109.08
Share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Target | 105.44 |
| Upside Target | 111.92 |
| Upside Target | 112.58 |
| Upside Target | 115.61 |
| Upside Target | 118.15 |
| Upside Target | 122.87 |
| Upside Target | 123.64 |
| Upside Target | 125.14 |
| Upside Target | 127.02 |
| Upside Target | 130.86 |
Intraday share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Intraday Target | 109 |
| Downside Intraday Target | 106.4 |
| Upside Intraday Target | 112.97 |
| Upside Intraday Target | 114.34 |
| Downside Intraday Target | 110.37 |
Weekly technical analysis of Mcgrath Rentcorp (MGRC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 111.60 | 109.91 | 111.74 | 107.77 | 0.987 times |
| 10 Fri May 2024 | 109.65 | 109.82 | 111.09 | 108.62 | 0.979 times |
| 03 Fri May 2024 | 109.00 | 112.58 | 112.58 | 105.44 | 0.543 times |
| 26 Fri Apr 2024 | 111.71 | 110.27 | 111.92 | 105.71 | 0.956 times |
| 19 Fri Apr 2024 | 110.39 | 115.22 | 115.61 | 110.04 | 0.863 times |
Price has moved up 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 Mcgrath Rentcorp (MGRC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 111.60 | 106.86 | 111.74 | 105.44 | 0.264 times |
| 30 Tue Apr 2024 | 106.66 | 122.74 | 122.87 | 105.71 | 0.852 times |
| 28 Thu Mar 2024 | 123.37 | 124.34 | 125.14 | 118.15 | 0.584 times |
| 29 Thu Feb 2024 | 124.48 | 126.53 | 130.86 | 123.64 | 1.528 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 Mcgrath Rentcorp (MGRC)
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mcgrath Rentcorp stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mcgrath Rentcorp in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mcgrath Rentcorp Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mcgrath Rentcorp in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Mcgrath Rentcorp is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 109.56 and Mcgrath Rentcorp (MGRC) 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 Mcgrath Rentcorp (MGRC) stock. Volume based technical analysis of Mcgrath Rentcorp (MGRC) stock is negative.
Mcgrath Rentcorp Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mcgrath Rentcorp stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mcgrath Rentcorp in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mcgrath Rentcorp Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mcgrath Rentcorp in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Mcgrath Rentcorp is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 109.56 and Mcgrath Rentcorp (MGRC) 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 Mcgrath Rentcorp (MGRC) stock. Volume based technical analysis of Mcgrath Rentcorp (MGRC) stock is negative.
Mcgrath Rentcorp Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.