(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 2024-05-30 View latest technical analysis
10 day averaged volume of Mcgrath Rentcorp is 89177
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 108.39 | 109.92 | 111.43 | 108.38 | 0.358 times |
| 29 Wed May 2024 | 108.88 | 109.11 | 109.32 | 108.26 | 0.774 times |
| 28 Tue May 2024 | 110.24 | 110.47 | 111.28 | 110.21 | 1.042 times |
| 23 Thu May 2024 | 110.23 | 111.37 | 111.37 | 109.84 | 1.196 times |
| 22 Wed May 2024 | 111.37 | 112.14 | 113.40 | 111.32 | 1.075 times |
| 21 Tue May 2024 | 112.73 | 112.02 | 113.08 | 112.02 | 0.795 times |
| 20 Mon May 2024 | 112.30 | 111.61 | 112.94 | 111.61 | 0.574 times |
| 17 Fri May 2024 | 111.60 | 108.90 | 111.74 | 108.80 | 1.139 times |
| 16 Thu May 2024 | 108.49 | 108.38 | 109.78 | 108.03 | 1.545 times |
| 15 Wed May 2024 | 108.87 | 109.90 | 110.72 | 108.57 | 0.904 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 108.3 as stoploss in an intra day buy trade for a target of 109.7. However, stock will show a bearish move below 108.3.
Share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Target | 105.44 |
| Upside Target | 112.58 |
| Upside Target | 113.40 |
| 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 | 107.29 |
| Downside Intraday Target | 106.19 |
| Upside Intraday Target | 110.46 |
| Upside Intraday Target | 112.53 |
| Upside Intraday Target | 109.36 |
Weekly technical analysis of Mcgrath Rentcorp (MGRC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 108.39 | 110.47 | 111.43 | 108.26 | 0.597 times |
| 23 Thu May 2024 | 110.23 | 111.61 | 113.40 | 109.84 | 0.666 times |
| 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 |
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 Mcgrath Rentcorp (MGRC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 108.39 | 106.86 | 113.40 | 105.44 | 0.374 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) 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 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 SELL. 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.
Mcgrath Rentcorp Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Mcgrath Rentcorp in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Mcgrath Rentcorp is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 110.27 and Mcgrath Rentcorp (MGRC) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) 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 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 SELL. 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.
Mcgrath Rentcorp Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Mcgrath Rentcorp in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Mcgrath Rentcorp is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 110.27 and Mcgrath Rentcorp (MGRC) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.