(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 2024-06-14 View latest technical analysis
10 day averaged volume of Mcgrath Rentcorp is 102850
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 104.61 | 103.72 | 104.68 | 103.00 | 1.857 times |
| 13 Thu Jun 2024 | 104.87 | 105.15 | 105.15 | 103.15 | 1.023 times |
| 12 Wed Jun 2024 | 105.60 | 104.48 | 106.66 | 103.45 | 2.123 times |
| 11 Tue Jun 2024 | 102.88 | 103.46 | 104.10 | 102.08 | 1.788 times |
| 10 Mon Jun 2024 | 104.00 | 105.00 | 105.00 | 102.43 | 1.065 times |
| 07 Fri Jun 2024 | 105.34 | 105.65 | 106.60 | 105.31 | 0.757 times |
| 06 Thu Jun 2024 | 106.59 | 108.00 | 108.05 | 105.97 | 0.749 times |
| 05 Wed Jun 2024 | 107.22 | 106.67 | 107.68 | 105.18 | 0.593 times |
| 04 Tue Jun 2024 | 105.87 | 106.63 | 107.39 | 105.67 | 0.584 times |
| 03 Mon Jun 2024 | 107.35 | 110.43 | 110.43 | 106.38 | 0.517 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 105, but if it comes above 105, then a intra day buy could be more profitable.
If you take a sell trade below 105, then use 105 as stoploss and 101.6 as target. However if you take a buy trade in stock , then use 105 as stoploss and 107.88 as target.
Share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Target | 102.08 |
| Upside Target | 105.18 |
| Upside Target | 111.43 |
| Upside Target | 111.74 |
| Upside Target | 113.40 |
| Upside Target | 118.15 |
| Upside Target | 122.87 |
| Upside Target | 123.64 |
| Upside Target | 125.14 |
| Upside Target | 130.86 |
Intraday share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Intraday Target | 102.24 |
| Downside Intraday Target | 99.87 |
| Upside Intraday Target | 106.82 |
| Upside Intraday Target | 109.03 |
| Downside Intraday Target | 104.45 |
Weekly technical analysis of Mcgrath Rentcorp (MGRC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 104.61 | 105.00 | 106.66 | 102.08 | 2.454 times |
| 07 Fri Jun 2024 | 105.34 | 110.43 | 110.43 | 105.18 | 1.192 times |
| 31 Fri May 2024 | 108.98 | 110.47 | 111.43 | 108.26 | 0.851 times |
| 23 Thu May 2024 | 110.23 | 111.61 | 113.40 | 109.84 | 0.666 times |
| 17 Fri May 2024 | 111.60 | 109.91 | 111.74 | 107.77 | 0.987 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 |
| 14 Fri Jun 2024 | 104.61 | 110.43 | 110.43 | 102.08 | 0.618 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 |
| 28 Thu Mar 2024 | 123.37 | 124.34 | 125.14 | 118.15 | 0.584 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Mcgrath Rentcorp in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 BUY signal in short term and the buying is gaining 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 105 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Mcgrath Rentcorp in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 BUY signal in short term and the buying is gaining 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 105 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.