(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 2024-08-08 View latest technical analysis
10 day averaged volume of Mcgrath Rentcorp is 212916
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 99.95 | 99.83 | 100.46 | 99.67 | 0.435 times |
| 07 Wed Aug 2024 | 98.13 | 101.50 | 102.50 | 98.08 | 0.418 times |
| 06 Tue Aug 2024 | 100.14 | 99.69 | 102.42 | 99.19 | 0.676 times |
| 05 Mon Aug 2024 | 99.74 | 99.74 | 102.96 | 98.38 | 1.177 times |
| 02 Fri Aug 2024 | 102.06 | 103.00 | 105.20 | 101.59 | 0.673 times |
| 01 Thu Aug 2024 | 106.85 | 109.69 | 110.12 | 106.72 | 0.705 times |
| 31 Wed Jul 2024 | 109.83 | 113.28 | 113.28 | 109.51 | 0.739 times |
| 30 Tue Jul 2024 | 112.66 | 109.50 | 112.80 | 108.55 | 0.657 times |
| 29 Mon Jul 2024 | 109.50 | 111.09 | 111.82 | 109.25 | 0.376 times |
| 26 Fri Jul 2024 | 111.02 | 110.16 | 114.50 | 108.00 | 1.762 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 103.3, but if it comes above 103.3, then a intra day buy could be more profitable.
If you take a sell trade below 103.3, then use 103.3 as stoploss and 96.8 as target. However if you take a buy trade in stock , then use 103.3 as stoploss and 108.77 as target.
Share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Target | 98.08 |
| Upside Target | 101.59 |
| Upside Target | 107.87 |
| Upside Target | 110.12 |
| Upside Target | 110.43 |
| Upside Target | 113.28 |
| Upside Target | 113.40 |
| Upside Target | 114.35 |
| Upside Target | 117.08 |
| Upside Target | 122.87 |
Intraday share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Intraday Target | 97.7 |
| Downside Intraday Target | 95.45 |
| Upside Intraday Target | 102.58 |
| Upside Intraday Target | 105.21 |
| Upside Intraday Target | 100.33 |
Weekly technical analysis of Mcgrath Rentcorp (MGRC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 99.95 | 99.74 | 102.96 | 98.08 | 0.859 times |
| 02 Fri Aug 2024 | 102.06 | 111.09 | 113.28 | 101.59 | 0.455 times |
| 26 Fri Jul 2024 | 111.02 | 113.29 | 117.08 | 108.00 | 1.447 times |
| 19 Fri Jul 2024 | 112.42 | 110.03 | 114.35 | 107.87 | 2.23 times |
| 12 Fri Jul 2024 | 109.07 | 105.00 | 109.85 | 104.34 | 3.8 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 |
| 08 Thu Aug 2024 | 99.95 | 109.69 | 110.12 | 98.08 | 0.231 times |
| 31 Wed Jul 2024 | 109.83 | 106.71 | 117.08 | 102.82 | 1.411 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 |
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 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 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 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 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 SELL signal for Mcgrath Rentcorp in short term and the sell signal is strong.
Mcgrath Rentcorp Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
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
Although the stock is in the SELL zone, but selling 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 105.74 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 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 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 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 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 SELL signal for Mcgrath Rentcorp in short term and the sell signal is strong.
Mcgrath Rentcorp Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
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
Although the stock is in the SELL zone, but selling 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 105.74 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.