(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 2024-08-22 View latest technical analysis
10 day averaged volume of Mcgrath Rentcorp is 65434
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 105.88 | 107.20 | 107.27 | 105.82 | 0.582 times |
| 21 Wed Aug 2024 | 107.02 | 106.75 | 107.19 | 106.24 | 0.764 times |
| 20 Tue Aug 2024 | 105.91 | 106.23 | 106.76 | 105.35 | 0.799 times |
| 19 Mon Aug 2024 | 105.92 | 105.31 | 106.15 | 104.53 | 0.682 times |
| 16 Fri Aug 2024 | 105.34 | 106.17 | 106.85 | 105.05 | 1.372 times |
| 15 Thu Aug 2024 | 105.70 | 105.73 | 105.79 | 103.11 | 1.111 times |
| 14 Wed Aug 2024 | 103.94 | 104.26 | 104.67 | 102.93 | 1.138 times |
| 13 Tue Aug 2024 | 103.77 | 103.45 | 103.93 | 102.36 | 0.914 times |
| 12 Mon Aug 2024 | 101.92 | 100.03 | 102.16 | 99.64 | 1.021 times |
| 09 Fri Aug 2024 | 99.91 | 100.24 | 100.62 | 99.23 | 0.782 times |
My analysis of stock is bullish for shortterm, and stock might move up till 108.8 or till 113.5. Use a stoploss of 104.76 and if this stock hits its stoploss, then it can fall down till 100.77
Share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Target | 98.08 |
| Upside Target | 107.27 |
| Upside Target | 108.00 |
| Upside Target | 110.12 |
| Upside Target | 110.43 |
| 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 | 104.52 |
| Downside Intraday Target | 103.15 |
| Upside Intraday Target | 107.26 |
| Upside Intraday Target | 108.63 |
| Upside Intraday Target | 105.89 |
Weekly technical analysis of Mcgrath Rentcorp (MGRC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 105.88 | 105.31 | 107.27 | 104.53 | 0.509 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 |
| 26 Fri Jul 2024 | 111.02 | 113.29 | 117.08 | 108.00 | 1.447 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 |
| 22 Thu Aug 2024 | 105.88 | 109.69 | 110.12 | 98.08 | 0.39 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing momentum.
MACD generated a BUY signal for Mcgrath Rentcorp in short term but the buy signal is initial and weak.
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 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 but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 104.48 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing momentum.
MACD generated a BUY signal for Mcgrath Rentcorp in short term but the buy signal is initial and weak.
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 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 but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 104.48 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.