(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 2024-03-05 View latest technical analysis
10 day averaged volume of Mcgrath Rentcorp is 401500
Date | Daily Closing Price | Open | High | Low | Volume |
05 Tue Mar 2024 | 123.08 | 124.35 | 124.42 | 122.82 | 0.843 times |
04 Mon Mar 2024 | 124.38 | 124.35 | 124.98 | 123.68 | 1.068 times |
01 Fri Mar 2024 | 124.72 | 124.34 | 125.14 | 124.13 | 0.588 times |
29 Thu Feb 2024 | 124.48 | 125.19 | 125.19 | 123.99 | 0.46 times |
28 Wed Feb 2024 | 124.10 | 123.64 | 124.87 | 123.64 | 0.943 times |
27 Tue Feb 2024 | 123.81 | 125.06 | 125.22 | 123.74 | 0.845 times |
26 Mon Feb 2024 | 124.65 | 124.68 | 125.11 | 124.31 | 0.591 times |
23 Fri Feb 2024 | 124.90 | 124.50 | 125.73 | 124.40 | 0.599 times |
22 Thu Feb 2024 | 124.82 | 125.50 | 127.64 | 123.82 | 3.728 times |
21 Wed Feb 2024 | 126.77 | 128.72 | 128.73 | 126.74 | 0.521 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 124.4, but if it comes above 124.4, then a intra day buy could be more profitable.
If you take a sell trade below 124.4, then use 124.4 as stoploss and 121.6 as target. However if you take a buy trade in stock , then use 124.4 as stoploss and 126.8 as target.
Share price targets for Mcgrath Rentcorp (MGRC)
Target Type | Value |
Downside Target | 97.81 |
Downside Target | 100.71 |
Downside Target | 103.88 |
Downside Target | 108.50 |
Downside Target | 122.82 |
Upside Target | 127.02 |
Upside Target | 127.32 |
Upside Target | 128.00 |
Upside Target | 128.94 |
Upside Target | 130.57 |
Upside Target | 130.86 |
Intraday share price targets for Mcgrath Rentcorp (MGRC)
Target Type | Value |
Downside Intraday Target | 122.27 |
Downside Intraday Target | 121.47 |
Upside Intraday Target | 124.43 |
Upside Intraday Target | 125.79 |
Upside Intraday Target | 123.63 |
Weekly technical analysis of Mcgrath Rentcorp (MGRC)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Tue Mar 2024 | 123.08 | 124.35 | 124.98 | 122.82 | 0.558 times |
01 Fri Mar 2024 | 124.72 | 124.68 | 125.22 | 123.64 | 0.623 times |
23 Fri Feb 2024 | 124.90 | 127.80 | 128.94 | 123.82 | 0.87 times |
16 Fri Feb 2024 | 128.51 | 129.78 | 130.86 | 128.00 | 1.04 times |
09 Fri Feb 2024 | 129.95 | 129.16 | 130.57 | 127.32 | 0.466 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 Tue Mar 2024 | 123.08 | 124.34 | 125.14 | 122.82 | 0.106 times |
29 Thu Feb 2024 | 124.48 | 126.53 | 130.86 | 123.64 | 1.528 times |
31 Wed Jan 2024 | 125.65 | 119.04 | 127.02 | 108.50 | 2.33 times |
29 Fri Dec 2023 | 119.62 | 101.41 | 122.83 | 100.71 | 1.365 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 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 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 neutral. A longer time frame might give a better analysis.
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 but the sell 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 green color and prices are in or below the green 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 BUY signal in short term but buying 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 124.55 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 positive
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 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 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 neutral. A longer time frame might give a better analysis.
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 but the sell 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 green color and prices are in or below the green 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 BUY signal in short term but buying 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 124.55 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.