(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 2024-08-29 View latest technical analysis
10 day averaged volume of Mcgrath Rentcorp is 55801
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 107.58 | 108.51 | 108.51 | 107.22 | 1.056 times |
| 28 Wed Aug 2024 | 107.33 | 106.68 | 107.91 | 106.29 | 0.493 times |
| 27 Tue Aug 2024 | 107.07 | 108.03 | 108.07 | 106.27 | 0.851 times |
| 26 Mon Aug 2024 | 108.61 | 110.14 | 110.49 | 107.68 | 1.158 times |
| 23 Fri Aug 2024 | 109.13 | 106.24 | 109.17 | 106.24 | 1.272 times |
| 22 Thu Aug 2024 | 105.88 | 107.20 | 107.27 | 105.82 | 0.683 times |
| 21 Wed Aug 2024 | 107.02 | 106.75 | 107.19 | 106.24 | 0.896 times |
| 20 Tue Aug 2024 | 105.91 | 106.23 | 106.76 | 105.35 | 0.937 times |
| 19 Mon Aug 2024 | 105.92 | 105.31 | 106.15 | 104.53 | 0.799 times |
| 16 Fri Aug 2024 | 105.34 | 106.17 | 106.85 | 105.05 | 1.608 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 107.5, but if it comes below 107.5, then a intra day sell could be more profitable.
If you take a sell trade below 107.5, then use 107.5 as stoploss and 104.25 as target. However if you take a buy trade in stock , then use 107.5 as stoploss and 111.4 as target.
Share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Target | 98.08 |
| Downside Target | 106.85 |
| Upside Target | 109.17 |
| Upside Target | 110.43 |
| Upside Target | 110.49 |
| Upside Target | 113.28 |
| Upside Target | 113.40 |
| Upside Target | 117.08 |
| Upside Target | 122.87 |
Intraday share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Intraday Target | 105.74 |
| Downside Intraday Target | 103.89 |
| Upside Intraday Target | 109.96 |
| Upside Intraday Target | 112.33 |
| Upside Intraday Target | 108.11 |
Weekly technical analysis of Mcgrath Rentcorp (MGRC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 107.58 | 110.14 | 110.49 | 106.27 | 0.775 times |
| 23 Fri Aug 2024 | 109.13 | 105.31 | 109.17 | 104.53 | 0.704 times |
| 16 Fri Aug 2024 | 105.34 | 100.03 | 106.85 | 99.64 | 0.579 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 |
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 |
| 29 Thu Aug 2024 | 107.58 | 109.69 | 110.49 | 98.08 | 0.462 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above 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 positive zone. This is a BUY 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 107.01 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 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above 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 positive zone. This is a BUY 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 107.01 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.