(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 2024-09-05 View latest technical analysis
10 day averaged volume of Mcgrath Rentcorp is 57620
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 102.37 | 104.00 | 104.00 | 101.02 | 1.605 times |
| 04 Wed Sep 2024 | 103.55 | 105.00 | 105.26 | 103.55 | 0.707 times |
| 03 Tue Sep 2024 | 104.93 | 107.87 | 108.39 | 104.53 | 1.314 times |
| 30 Fri Aug 2024 | 108.15 | 107.09 | 108.50 | 106.50 | 1.321 times |
| 30 Fri Aug 2024 | 108.15 | 107.09 | 108.50 | 106.50 | 1.321 times |
| 29 Thu Aug 2024 | 107.58 | 108.51 | 108.51 | 107.22 | 1.022 times |
| 28 Wed Aug 2024 | 107.33 | 106.68 | 107.91 | 106.29 | 0.477 times |
| 27 Tue Aug 2024 | 107.07 | 108.03 | 108.07 | 106.27 | 0.824 times |
| 26 Mon Aug 2024 | 108.61 | 110.14 | 110.49 | 107.68 | 1.121 times |
| 23 Fri Aug 2024 | 109.13 | 106.24 | 109.17 | 106.24 | 1.232 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 103.2, but if it comes above 103.2, then a intra day buy could be more profitable.
If you take a sell trade below 103.2, then use 103.2 as stoploss and 100.4 as target. However if you take a buy trade in stock , then use 103.2 as stoploss and 105.61 as target.
Share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Target | 98.08 |
| Upside Target | 108.39 |
| Upside Target | 108.50 |
| Upside Target | 109.17 |
| Upside Target | 110.43 |
| Upside Target | 110.49 |
| Upside Target | 113.40 |
| Upside Target | 117.08 |
Intraday share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Intraday Target | 99.46 |
| Downside Intraday Target | 96.56 |
| Upside Intraday Target | 106.83 |
| Upside Intraday Target | 111.3 |
| Upside Intraday Target | 103.93 |
Weekly technical analysis of Mcgrath Rentcorp (MGRC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 102.37 | 107.87 | 108.39 | 101.02 | 2.745 times |
| 30 Fri Aug 2024 | 108.15 | 107.09 | 108.50 | 106.50 | 0.277 times |
| 30 Fri Aug 2024 | 108.15 | 110.14 | 110.49 | 106.27 | 1.073 times |
| 23 Fri Aug 2024 | 109.13 | 105.31 | 109.17 | 104.53 | 0.704 times |
| 16 Fri Aug 2024 | 105.34 | 100.03 | 106.85 | 99.64 | 0.579 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mcgrath Rentcorp (MGRC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 102.37 | 107.87 | 108.39 | 101.02 | 0.11 times |
| 30 Fri Aug 2024 | 108.15 | 109.69 | 110.49 | 98.08 | 0.502 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 |
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 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 mid to longer 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
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 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 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 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 106.61 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 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 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 mid to longer 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
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 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 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 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 106.61 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.