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(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.

10 day averaged volume of Mcgrath Rentcorp is 94279

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 108.49 108.38 109.78 108.03 1.462 times
15 Wed May 2024 108.87 109.90 110.72 108.57 0.855 times
14 Tue May 2024 109.07 109.01 109.82 107.77 0.904 times
13 Mon May 2024 108.00 109.91 110.22 107.90 0.878 times
10 Fri May 2024 109.65 110.03 110.03 108.62 0.561 times

My analysis of stock is bearish for shortterm, and stock might move down till 107.8 or till 106.3. Use a stoploss of 109.02 and if the stock hits stoploss, then it can shoot up till 110.24

Share price targets for Mcgrath Rentcorp (MGRC)

Target Type Value
Downside Target 105.44
Upside Target 111.92
Upside Target 112.58
Upside Target 115.61
Upside Target 118.15
Upside Target 122.87
Upside Target 123.64
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 107.27
Downside Intraday Target 106.04
Upside Intraday Target 110.22
Upside Intraday Target 111.94
Upside Intraday Target 108.99

Weekly technical analysis of Mcgrath Rentcorp (MGRC)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 108.49 109.91 110.72 107.77 0.781 times
10 Fri May 2024 109.65 109.82 111.09 108.62 0.979 times
03 Fri May 2024 109.00 112.58 112.58 105.44 0.543 times
26 Fri Apr 2024 111.71 110.27 111.92 105.71 0.956 times
19 Fri Apr 2024 110.39 115.22 115.61 110.04 0.863 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
16 Thu May 2024 108.49 106.86 111.09 105.44 0.242 times
30 Tue Apr 2024 106.66 122.74 122.87 105.71 0.852 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 1.549 times

Price has moved up 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)

Indicator Name Indicator Value Indicator Signal
ADX 18, 26, 19 Sell
MACD -4, -4Buy
Stochastics 45None
CCI -100Sell
RSI 44Sell
OBV -618991Sell
VWAP 109Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

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 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 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 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 Weak and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mcgrath Rentcorp is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 109.31 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.

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