MCGRATH RENTCORP (MGRC)

US5805891091 - Common Stock

115.54  +0.18 (+0.16%)

After market: 115.54 0 (0%)

Technical Rating and Analysis

8

Taking everything into account, MGRC scores 8 out of 10 in our technical rating. Although MGRC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long and short term trends are both positive. This is looking good!
In the last month MGRC has a been trading in the 103.80 - 118.25 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, MGRC outperforms 66% of them, which is more or less in line with the market.
MGRC is part of the Trading Companies & Distributors industry. There are 52 other stocks in this industry, MGRC did better than 54% of them.
MGRC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MGRC is lagging the market slightly.
Weekly and Daily overview Charts
MGRC Weekly chart
MGRC Daily chart
Setup Rating and Analysis

5

MGRC has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

97.09

118.24

4 important support areas can be observed.

  • A support zone ranging from 106.88 to 107.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 103.90 to 104.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @101.22 from a trend line in the weekly time frame.
  • A support zone ranging from 98.07 to 99.30. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 115.62 to 117.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.88
Mansfield-0.54
10 Day High118.25
10 Day Low103.8
20 Day High118.25
20 Day Low103.8
52 Week High130.86
52 Week Low95.5
Performance
1 Week0.34%
2 Weeks10.44%
1 Month6.29%
3 Month15.64%
6 Month5.37%
12 Month15.39%
2 Year17.75%
3 Year49.47%
5 Year57.54%
10 Year227.68%
15 Year458.97%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.71
RSI(14)62.57
LBB102.09
UBB120.06
MGRC Daily chart

MCGRATH RENTCORP

NASDAQ:MGRC (11/4/2024, 8:23:12 PM)

After market: 115.54 0 (0%)

115.54

+0.18 (+0.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg0.16%
1 Week0.34%
2 Weeks10.44%
1 Month6.29%
3 Month15.64%
6 Month5.37%
12 Month15.39%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.09
ATR(20)%2.39%
ATR Inc
Range Today1.34
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High118.25
10 Day Low103.8
20 Day High118.25
20 Day Low103.8
52 Week High130.86
52 Week Low95.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume265.30K
Volume Incr31.25%
Vol(5)344.46K
Vol(50)334.22K