MCGRATH RENTCORP (MGRC)

US5805891091 - Common Stock

112.65  +0.67 (+0.6%)

After market: 112.647 0 (0%)

Technical Rating and Analysis

3

Overall MGRC gets a technical rating of 3 out of 10. MGRC has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

In the last month MGRC has a been trading in the 110.05 - 123.05 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, MGRC outperforms 59% of them, which is more or less in line with the market.
MGRC is an average performer in the Trading Companies & Distributors industry, it outperforms 51% of 48 stocks in the same industry.
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

3

The technical rating of MGRC is bad and it also does not present a quality setup 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

124.60

When analyzing the support we can see 3 important areas.

  • Support @104.24 from a horizontal line in the daily time frame.
  • Support @102.14 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.

2 important resistance areas can be observed.

  • A resistance zone ranging from 115.12 to 117.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 122.14 to 123.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS59.85
Mansfield-0.95
10 Day High123.05
10 Day Low110.05
20 Day High123.05
20 Day Low110.05
52 Week High130.86
52 Week Low95.5
Performance
1 Week-5.05%
2 Weeks-7.77%
1 Month-5.7%
3 Month13.44%
6 Month4.91%
12 Month-4.84%
2 Year14.09%
3 Year40.36%
5 Year47.18%
10 Year214.14%
15 Year403.8%
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)-1.28
RSI(14)32.62
LBB112.2
UBB125.22
MGRC Daily chart

MCGRATH RENTCORP

NASDAQ:MGRC (12/20/2024, 8:24:22 PM)

After market: 112.647 0 (0%)

112.65

+0.67 (+0.6%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg0.6%
1 Week-5.05%
2 Weeks-7.77%
1 Month-5.7%
3 Month13.44%
6 Month4.91%
12 Month-4.84%
2 Year14.09%
3 Year40.36%
5 Year47.18%
10 Year214.14%
15 Year403.8%
Volatility
ATR(14)2.9
ATR(20)%2.41%
ATR Inc49.03%
Range Today4.63
ADR(20)2.71
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.85
Mansfield-0.95
10 Day High123.05
10 Day Low110.05
20 Day High123.05
20 Day Low110.05
52 Week High130.86
52 Week Low95.5
CS1 End104.24
CR1 Start115.12
Volume & EV
DER(3)-1.32%
DER(5)0.03%
Volume312.30K
Volume Incr22.27%
Vol(5)172.40K
Vol(50)213.76K