(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 2024-03-07 View latest technical analysis
10 day averaged volume of Mcgrath Rentcorp is 440330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 122.70 | 122.95 | 123.41 | 122.32 | 0.345 times |
| 06 Wed Mar 2024 | 122.25 | 123.35 | 123.69 | 121.46 | 1.187 times |
| 05 Tue Mar 2024 | 123.08 | 124.35 | 124.42 | 122.82 | 0.769 times |
| 04 Mon Mar 2024 | 124.38 | 124.35 | 124.98 | 123.68 | 0.974 times |
| 01 Fri Mar 2024 | 124.72 | 124.34 | 125.14 | 124.13 | 0.536 times |
| 29 Thu Feb 2024 | 124.48 | 125.19 | 125.19 | 123.99 | 0.419 times |
| 28 Wed Feb 2024 | 124.10 | 123.64 | 124.87 | 123.64 | 0.86 times |
| 27 Tue Feb 2024 | 123.81 | 125.06 | 125.22 | 123.74 | 0.771 times |
| 26 Mon Feb 2024 | 124.65 | 124.68 | 125.11 | 124.31 | 0.539 times |
| 23 Fri Feb 2024 | 124.90 | 124.50 | 125.73 | 124.40 | 0.546 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 123.6, but if it comes above 123.6, then a intra day buy could be more profitable.
If you take a sell trade below 123.6, then use 123.6 as stoploss and 120.5 as target. However if you take a buy trade in stock , then use 123.6 as stoploss and 126.16 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 | 121.46 |
| 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 | 121.11 |
| Downside Intraday Target | 119.53 |
| Upside Intraday Target | 124.63 |
| Upside Intraday Target | 126.57 |
| Upside Intraday Target | 123.05 |
Weekly technical analysis of Mcgrath Rentcorp (MGRC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 122.70 | 124.35 | 124.98 | 121.46 | 1.048 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 |
| 07 Thu Mar 2024 | 122.70 | 124.34 | 125.14 | 121.46 | 0.178 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 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 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 losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green 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 and selling is picking up 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 123.79 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 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 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 losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green 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 and selling is picking up 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 123.79 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.