(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 2024-07-17 View latest technical analysis
10 day averaged volume of Mcgrath Rentcorp is 106320
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Jul 2024 | 111.18 | 112.65 | 113.82 | 110.56 | 3.398 times |
| 16 Tue Jul 2024 | 113.12 | 111.96 | 114.35 | 110.62 | 1.913 times |
| 15 Mon Jul 2024 | 110.81 | 110.03 | 111.43 | 107.87 | 2.079 times |
| 12 Fri Jul 2024 | 109.07 | 109.51 | 109.59 | 107.97 | 0.862 times |
| 11 Thu Jul 2024 | 108.18 | 107.56 | 109.85 | 106.00 | 1.143 times |
| 10 Wed Jul 2024 | 106.19 | 105.30 | 106.19 | 104.60 | 1.015 times |
| 09 Tue Jul 2024 | 104.90 | 105.31 | 105.36 | 104.34 | 0.579 times |
| 08 Mon Jul 2024 | 105.35 | 105.00 | 105.78 | 104.36 | 0.696 times |
| 05 Fri Jul 2024 | 104.49 | 104.36 | 104.91 | 103.44 | 0.548 times |
| 03 Wed Jul 2024 | 105.06 | 104.98 | 105.50 | 103.81 | 0.582 times |
Stock of Mcgrath Rentcorp (MGRC) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 112.2, for a target of 109.3 or 106.83
Share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Target | 102.08 |
| Downside Target | 107.85 |
| Downside Target | 108.58 |
| Downside Target | 109.85 |
| Downside Target | 110.43 |
| Upside Target | 113.40 |
| Upside Target | 114.35 |
| Upside Target | 118.15 |
| Upside Target | 122.87 |
| Upside Target | 125.14 |
Intraday share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Intraday Target | 107.92 |
| Downside Intraday Target | 104.65 |
| Upside Intraday Target | 114.4 |
| Upside Intraday Target | 117.61 |
| Downside Intraday Target | 111.13 |
Weekly technical analysis of Mcgrath Rentcorp (MGRC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Jul 2024 | 111.18 | 110.03 | 114.35 | 107.87 | 1.72 times |
| 12 Fri Jul 2024 | 109.07 | 105.00 | 109.85 | 104.34 | 3.8 times |
| 05 Fri Jul 2024 | 104.49 | 104.98 | 105.50 | 103.44 | 0.376 times |
| 03 Wed Jul 2024 | 105.06 | 106.71 | 107.85 | 102.82 | 0.334 times |
| 28 Fri Jun 2024 | 106.55 | 107.65 | 108.58 | 102.67 | 2.439 times |
Price has moved up 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 |
| 17 Wed Jul 2024 | 111.18 | 106.71 | 114.35 | 102.82 | 0.631 times |
| 28 Fri Jun 2024 | 106.55 | 110.43 | 110.43 | 102.08 | 1.451 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 |
Scroll below to view daily charts
Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Mcgrath Rentcorp stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mcgrath Rentcorp in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mcgrath Rentcorp Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mcgrath Rentcorp in short term but SELL signal is weak.
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 109.44 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 rising upwards.
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 is giving positive 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Mcgrath Rentcorp stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mcgrath Rentcorp in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mcgrath Rentcorp Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mcgrath Rentcorp in short term but SELL signal is weak.
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 109.44 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 rising upwards.
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 is giving positive 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.