(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 2024-07-05 View latest technical analysis
10 day averaged volume of Mcgrath Rentcorp is 147860
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Jul 2024 | 104.49 | 104.36 | 104.91 | 103.44 | 0.394 times |
| 03 Wed Jul 2024 | 105.06 | 104.98 | 105.50 | 103.81 | 0.419 times |
| 03 Wed Jul 2024 | 105.06 | 104.98 | 105.50 | 103.81 | 0.419 times |
| 02 Tue Jul 2024 | 104.32 | 104.23 | 105.40 | 102.82 | 0.772 times |
| 01 Mon Jul 2024 | 104.24 | 106.71 | 107.85 | 103.43 | 0.975 times |
| 28 Fri Jun 2024 | 106.55 | 105.43 | 107.01 | 103.58 | 3.337 times |
| 27 Thu Jun 2024 | 104.64 | 106.33 | 107.43 | 102.67 | 1.33 times |
| 26 Wed Jun 2024 | 105.77 | 105.75 | 106.85 | 104.85 | 1 times |
| 25 Tue Jun 2024 | 106.59 | 106.90 | 106.99 | 104.87 | 0.376 times |
| 24 Mon Jun 2024 | 107.52 | 107.65 | 108.58 | 107.45 | 0.444 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 104.2 as stoploss in an intra day buy trade for a target of 105.31. However, stock will show a bearish move below 104.2.
Share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Target | 102.08 |
| Upside Target | 107.69 |
| Upside Target | 107.85 |
| Upside Target | 108.58 |
| Upside Target | 110.43 |
| Upside Target | 113.40 |
| Upside Target | 118.15 |
| Upside Target | 122.87 |
| Upside Target | 125.14 |
Intraday share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Intraday Target | 103.45 |
| Downside Intraday Target | 102.42 |
| Upside Intraday Target | 105.51 |
| Upside Intraday Target | 106.54 |
| Downside Intraday Target | 104.48 |
Weekly technical analysis of Mcgrath Rentcorp (MGRC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Fri Jul 2024 | 104.49 | 104.98 | 105.50 | 103.44 | 0.376 times |
| 03 Wed Jul 2024 | 105.06 | 106.71 | 107.85 | 102.82 | 0.334 times |
| 28 Fri Jun 2024 | 106.55 | 107.65 | 108.58 | 102.67 | 2.439 times |
| 21 Fri Jun 2024 | 107.38 | 105.54 | 107.69 | 104.77 | 2.197 times |
| 18 Tue Jun 2024 | 105.40 | 104.26 | 106.95 | 103.85 | 0.222 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 |
| 05 Fri Jul 2024 | 104.49 | 106.71 | 107.85 | 102.82 | 0.165 times |
| 28 Fri Jun 2024 | 106.55 | 110.43 | 110.43 | 102.08 | 1.451 times |
| 31 Fri May 2024 | 108.98 | 106.86 | 113.40 | 105.44 | 0.392 times |
| 30 Tue Apr 2024 | 106.66 | 122.74 | 122.87 | 105.71 | 0.852 times |
Scroll below to view daily charts
Price has moved down 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Mcgrath Rentcorp in short term but the buy signal is initial and weak.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mcgrath Rentcorp in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 105.61 and Mcgrath Rentcorp (MGRC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Mcgrath Rentcorp in short term but the buy signal is initial and weak.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mcgrath Rentcorp in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 105.61 and Mcgrath Rentcorp (MGRC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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.