(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 2024-03-19 View latest technical analysis
10 day averaged volume of Mcgrath Rentcorp is 274330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 120.77 | 119.22 | 121.17 | 119.22 | 1.172 times |
| 18 Mon Mar 2024 | 119.13 | 119.43 | 120.02 | 119.04 | 0.79 times |
| 15 Fri Mar 2024 | 119.43 | 118.15 | 120.38 | 118.15 | 1.311 times |
| 14 Thu Mar 2024 | 119.07 | 120.25 | 120.76 | 119.03 | 0.777 times |
| 13 Wed Mar 2024 | 120.21 | 120.50 | 121.56 | 120.21 | 1.035 times |
| 12 Tue Mar 2024 | 120.71 | 120.34 | 120.90 | 119.57 | 0.866 times |
| 11 Mon Mar 2024 | 120.62 | 121.82 | 122.00 | 120.54 | 0.833 times |
| 08 Fri Mar 2024 | 122.11 | 123.76 | 123.76 | 122.10 | 0.697 times |
| 07 Thu Mar 2024 | 122.70 | 122.95 | 123.41 | 122.32 | 0.553 times |
| 06 Wed Mar 2024 | 122.25 | 123.35 | 123.69 | 121.46 | 1.905 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 120.4 as stoploss in an intra day buy trade for a target of 122.64. However, stock will show a bearish move below 120.4.
Share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Target | 97.81 |
| Downside Target | 100.71 |
| Downside Target | 103.88 |
| Downside Target | 108.50 |
| Downside Target | 118.15 |
| Upside Target | 123.82 |
| Upside Target | 124.98 |
| Upside Target | 125.14 |
| Upside Target | 125.22 |
| Upside Target | 127.02 |
| Upside Target | 128.94 |
| Upside Target | 130.86 |
Intraday share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Intraday Target | 119.48 |
| Downside Intraday Target | 118.2 |
| Upside Intraday Target | 121.61 |
| Upside Intraday Target | 122.46 |
| Downside Intraday Target | 120.33 |
Weekly technical analysis of Mcgrath Rentcorp (MGRC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 120.77 | 119.43 | 121.17 | 119.04 | 0.407 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 |
| 01 Fri Mar 2024 | 124.72 | 124.68 | 125.22 | 123.64 | 0.623 times |
| 23 Fri Feb 2024 | 124.90 | 127.80 | 128.94 | 123.82 | 0.87 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 |
| 19 Tue Mar 2024 | 120.77 | 124.34 | 125.14 | 118.15 | 0.395 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 |
| 29 Fri Dec 2023 | 119.62 | 101.41 | 122.83 | 100.71 | 1.365 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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Mcgrath Rentcorp in short term but BUY 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 120.74 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 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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Mcgrath Rentcorp in short term but BUY 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 120.74 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.