(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 2024-08-01 View latest technical analysis
10 day averaged volume of Mcgrath Rentcorp is 208397
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 106.85 | 109.69 | 110.12 | 106.72 | 0.721 times |
| 31 Wed Jul 2024 | 109.83 | 113.28 | 113.28 | 109.51 | 0.755 times |
| 30 Tue Jul 2024 | 112.66 | 109.50 | 112.80 | 108.55 | 0.671 times |
| 29 Mon Jul 2024 | 109.50 | 111.09 | 111.82 | 109.25 | 0.384 times |
| 26 Fri Jul 2024 | 111.02 | 110.16 | 114.50 | 108.00 | 1.8 times |
| 25 Thu Jul 2024 | 115.62 | 112.47 | 117.08 | 112.47 | 2.878 times |
| 24 Wed Jul 2024 | 111.63 | 113.74 | 114.70 | 111.46 | 0.58 times |
| 23 Tue Jul 2024 | 113.92 | 115.02 | 115.07 | 113.20 | 0.999 times |
| 22 Mon Jul 2024 | 115.02 | 113.29 | 115.25 | 112.14 | 0.817 times |
| 19 Fri Jul 2024 | 112.42 | 113.01 | 113.50 | 109.52 | 0.631 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 107, but if it comes above 107, then a intra day buy could be more profitable.
If you take a sell trade below 107, then use 107 as stoploss and 103 as target. However if you take a buy trade in stock , then use 107 as stoploss and 110.22 as target.
Share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Target | 102.08 |
| Upside Target | 109.85 |
| 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 | 104.62 |
| Downside Intraday Target | 102.39 |
| Upside Intraday Target | 111.18 |
| Upside Intraday Target | 115.51 |
| Upside Intraday Target | 108.95 |
Weekly technical analysis of Mcgrath Rentcorp (MGRC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 106.85 | 111.09 | 113.28 | 106.72 | 0.358 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 |
| 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 |
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 |
| 01 Thu Aug 2024 | 106.85 | 109.69 | 110.12 | 106.72 | 0.04 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 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 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 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 mid to longer 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.
ADX buy sell signal for Mcgrath Rentcorp stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mcgrath Rentcorp in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 BUY signal in short term but buying 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 112.71 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 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 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 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 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 mid to longer 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.
ADX buy sell signal for Mcgrath Rentcorp stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mcgrath Rentcorp in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 BUY signal in short term but buying 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 112.71 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.