MCGRATH RENTCORP (MGRC)
US5805891091 - Common Stock
Taking everything into account, MGRC scores 3 out of 10 in our technical rating. Although MGRC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
MGRC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
When comparing the yearly performance of all stocks, we notice that MGRC is one of the better performing stocks in the market, outperforming 75% of all stocks. On top of that, MGRC also shows a nice and consistent pattern of rising prices.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
MGRC is an average performer in the Trading Companies & Distributors industry, it outperforms 49% of 52 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.
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.
More info and screens
97.44
124.60
When analyzing the support we can see 4 important areas.
- A support zone ranging from 110.28 to 111.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 107.25 to 107.66. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 101.45 to 102.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @98.42 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 119.16 to 119.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 123.37 to 123.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.34
Mansfield-0.41
10 Day High115.61
10 Day Low105.71
20 Day High122.87
20 Day Low105.71
52 Week High130.86
52 Week Low86.51
Performance
1 Week1.2%
2 Weeks-2.86%
1 Month-9.45%
3 Month-0.04%
6 Month9.75%
12 Month25.69%
2 Year33.85%
3 Year36.26%
5 Year80.18%
10 Year253.74%
15 Year428.43%
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)-0.32
RSI(14)37.49
LBB105
UBB119.5
MCGRATH RENTCORP
NASDAQ:MGRC (4/26/2024, 7:03:31 PM)
After market: 111.71 0 (0%)111.71
+2.41 (+2.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg2.2%
1 Week1.2%
2 Weeks-2.86%
1 Month-9.45%
3 Month-0.04%
6 Month9.75%
12 Month25.69%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.2
ATR(20)%1.89%
ATR Inc
Range Today3.92
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 High115.61
10 Day Low105.71
20 Day High122.87
20 Day Low105.71
52 Week High130.86
52 Week Low86.51
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume210.00K
Volume Incr-22.91%
Vol(5)186.10K
Vol(50)283.35K