(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 2024-08-14 View latest technical analysis
10 day averaged volume of Mcgrath Rentcorp is 120500
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 103.94 | 104.26 | 104.67 | 102.93 | 0.618 times |
| 13 Tue Aug 2024 | 103.77 | 103.45 | 103.93 | 102.36 | 0.496 times |
| 12 Mon Aug 2024 | 101.92 | 100.03 | 102.16 | 99.64 | 0.554 times |
| 09 Fri Aug 2024 | 99.91 | 100.24 | 100.62 | 99.23 | 0.425 times |
| 08 Thu Aug 2024 | 99.95 | 99.83 | 100.46 | 99.67 | 0.769 times |
| 07 Wed Aug 2024 | 98.13 | 101.50 | 102.50 | 98.08 | 0.739 times |
| 06 Tue Aug 2024 | 100.14 | 99.69 | 102.42 | 99.19 | 1.194 times |
| 05 Mon Aug 2024 | 99.74 | 99.74 | 102.96 | 98.38 | 2.08 times |
| 02 Fri Aug 2024 | 102.06 | 103.00 | 105.20 | 101.59 | 1.19 times |
| 01 Thu Aug 2024 | 106.85 | 109.69 | 110.12 | 106.72 | 1.246 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 101.2 as stoploss in an intra day buy trade for a target of 107.04. However, stock will show a bearish move below 101.2.
Share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Target | 98.08 |
| Upside Target | 107.87 |
| Upside Target | 108.00 |
| Upside Target | 110.12 |
| Upside Target | 110.43 |
| Upside Target | 113.28 |
| Upside Target | 113.40 |
| Upside Target | 114.35 |
| Upside Target | 117.08 |
| Upside Target | 122.87 |
Intraday share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Intraday Target | 100.83 |
| Downside Intraday Target | 97.72 |
| Upside Intraday Target | 105.86 |
| Upside Intraday Target | 107.78 |
| Downside Intraday Target | 102.75 |
Weekly technical analysis of Mcgrath Rentcorp (MGRC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 103.94 | 100.03 | 104.67 | 99.64 | 0.32 times |
| 09 Fri Aug 2024 | 99.91 | 99.74 | 102.96 | 98.08 | 0.935 times |
| 02 Fri Aug 2024 | 102.06 | 111.09 | 113.28 | 101.59 | 0.455 times |
| 26 Fri Jul 2024 | 111.02 | 113.29 | 117.08 | 108.00 | 1.447 times |
| 19 Fri Jul 2024 | 112.42 | 110.03 | 114.35 | 107.87 | 2.23 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 |
| 14 Wed Aug 2024 | 103.94 | 109.69 | 110.12 | 98.08 | 0.298 times |
| 31 Wed Jul 2024 | 109.83 | 106.71 | 117.08 | 102.82 | 1.411 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 |
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 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 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 SELL signal in short term and selling is picking up 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 101.56 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 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 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 SELL signal in short term and selling is picking up 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 101.56 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.