(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 2024-06-17 View latest technical analysis
10 day averaged volume of Mcgrath Rentcorp is 113710
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Mon Jun 2024 | 105.62 | 104.26 | 106.25 | 103.85 | 0.638 times |
| 14 Fri Jun 2024 | 104.61 | 103.72 | 104.68 | 103.00 | 1.68 times |
| 13 Thu Jun 2024 | 104.87 | 105.15 | 105.15 | 103.15 | 0.925 times |
| 12 Wed Jun 2024 | 105.60 | 104.48 | 106.66 | 103.45 | 1.92 times |
| 11 Tue Jun 2024 | 102.88 | 103.46 | 104.10 | 102.08 | 1.617 times |
| 10 Mon Jun 2024 | 104.00 | 105.00 | 105.00 | 102.43 | 0.963 times |
| 07 Fri Jun 2024 | 105.34 | 105.65 | 106.60 | 105.31 | 0.685 times |
| 06 Thu Jun 2024 | 106.59 | 108.00 | 108.05 | 105.97 | 0.677 times |
| 05 Wed Jun 2024 | 107.22 | 106.67 | 107.68 | 105.18 | 0.536 times |
| 04 Tue Jun 2024 | 105.87 | 106.63 | 107.39 | 105.67 | 0.529 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 104.9 as stoploss in an intra day buy trade for a target of 107.73. However, stock will show a bearish move below 104.9.
Share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Target | 102.08 |
| Upside Target | 110.43 |
| Upside Target | 111.43 |
| 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 | 104.23 |
| Downside Intraday Target | 102.84 |
| Upside Intraday Target | 106.63 |
| Upside Intraday Target | 107.64 |
| Downside Intraday Target | 105.24 |
Weekly technical analysis of Mcgrath Rentcorp (MGRC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Mon Jun 2024 | 105.62 | 104.26 | 106.25 | 103.85 | 0.09 times |
| 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 |
Price has moved up 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 |
| 17 Mon Jun 2024 | 105.62 | 110.43 | 110.43 | 102.08 | 0.658 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 losing 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 moving up
CCI has generated a buy signal for Mcgrath Rentcorp in short term and BUY 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 104.94 and Mcgrath Rentcorp (MGRC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 losing 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 moving up
CCI has generated a buy signal for Mcgrath Rentcorp in short term and BUY 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 104.94 and Mcgrath Rentcorp (MGRC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.