(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 2024-04-05 View latest technical analysis
10 day averaged volume of Mcgrath Rentcorp is 271700
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Apr 2024 | 120.46 | 120.93 | 121.63 | 120.27 | 0.897 times |
| 04 Thu Apr 2024 | 120.75 | 122.40 | 122.40 | 120.31 | 0.952 times |
| 03 Wed Apr 2024 | 121.22 | 120.45 | 122.66 | 120.45 | 1.703 times |
| 02 Tue Apr 2024 | 120.94 | 120.57 | 121.46 | 120.15 | 0.686 times |
| 01 Mon Apr 2024 | 120.77 | 122.74 | 122.87 | 120.13 | 0.971 times |
| 28 Thu Mar 2024 | 123.37 | 122.40 | 123.41 | 122.37 | 1.197 times |
| 27 Wed Mar 2024 | 122.39 | 122.80 | 122.88 | 122.14 | 1.714 times |
| 26 Tue Mar 2024 | 122.24 | 121.94 | 122.79 | 121.70 | 0.541 times |
| 25 Mon Mar 2024 | 121.70 | 121.86 | 122.09 | 121.43 | 0.647 times |
| 22 Fri Mar 2024 | 121.48 | 122.66 | 122.99 | 121.32 | 0.729 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 120 as stoploss in an intra day buy trade for a target of 121.09. However, stock will show a bearish move below 120.
Share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Target | 100.71 |
| Downside Target | 108.50 |
| Downside Target | 118.15 |
| Upside Target | 122.87 |
| Upside Target | 123.15 |
| Upside Target | 123.41 |
| Upside Target | 123.64 |
| Upside Target | 124.98 |
| Upside Target | 125.14 |
| Upside Target | 127.02 |
| Upside Target | 130.86 |
Intraday share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Intraday Target | 119.44 |
| Downside Intraday Target | 118.41 |
| Upside Intraday Target | 122.18 |
| Upside Intraday Target | 123.89 |
| Upside Intraday Target | 121.15 |
Weekly technical analysis of Mcgrath Rentcorp (MGRC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Fri Apr 2024 | 120.46 | 122.74 | 122.87 | 120.13 | 1.271 times |
| 28 Thu Mar 2024 | 123.37 | 121.86 | 123.41 | 121.43 | 0.922 times |
| 22 Fri Mar 2024 | 121.48 | 119.43 | 123.15 | 119.04 | 0.913 times |
| 15 Fri Mar 2024 | 119.43 | 121.82 | 122.00 | 118.15 | 0.81 times |
| 08 Fri Mar 2024 | 122.11 | 124.35 | 124.98 | 121.46 | 1.187 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 |
| 05 Fri Apr 2024 | 120.46 | 122.74 | 122.87 | 120.13 | 0.257 times |
| 28 Thu Mar 2024 | 123.37 | 124.34 | 125.14 | 118.15 | 0.584 times |
| 29 Thu Feb 2024 | 124.48 | 126.53 | 130.86 | 123.64 | 1.528 times |
| 31 Wed Jan 2024 | 125.65 | 119.04 | 127.02 | 108.50 | 2.33 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 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 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 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 neutral. A longer time frame might give a better analysis.
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.
Mcgrath Rentcorp Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 SELL signal in short term but selling is losing 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 121.61 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 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 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 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 neutral. A longer time frame might give a better analysis.
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.
Mcgrath Rentcorp Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 SELL signal in short term but selling is losing 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 121.61 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.