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McGrath RentCorp

MGRC Technical Analysis Summary (NASDAQ)

Analyze MGRC on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MGRC●NASDAQ
IndustrialsRental & Leasing Services
$113.64
$0.62(0.54%)
U.S. Market opens in 35h 9m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MGRC Technical Analysis Summary (NASDAQ)

McGrath RentCorp (NASDAQ: MGRC) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.61)
Trend Strength:Weak (ADX: 16.10)
Volatility:Medium (ATR: 2.66)
Support/Resistance:$109.26 – $117.73 (Bollinger Bands)

Technical conditions suggest McGrath RentCorp on the NASDAQ is awaiting a decisive move. Technical conditions suggest McGrath RentCorp is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 48.61

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 35.08

Bearish
Momentum remains weak below midpoint.

Williams %R: -68.09

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 1.68

Bullish
Steady upward momentum.

Takeaway:McGrath RentCorp shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.32

Bullish
Bullish, trend momentum is strengthening.

ADX: 16.10

Weak
Weak trend, market trading sideways.

ATR (14): 2.66

Medium
Medium volatility, healthy price movement.

CCI (14): -49.81

Bearish
Bearish, momentum remains under pressure.

Takeaway:McGrath RentCorp shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$117.73
Middle Band (SMA 20)
$113.49
Lower Band
$109.26
Current Position
Within Bands

Takeaway:McGrath RentCorp trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$119.41
Middle Line (EMA 20)
$114.09
Lower Channel
$108.77
Squeeze Status
Squeeze On

Takeaway:McGrath RentCorp trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume741.79K
Money Flow Index59.35Neutral, balanced money flows with no clear signal.
Relative Vigor Index54.66Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:MGRC shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of McGrath RentCorp (NASDAQ: MGRC), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for McGrath RentCorp are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: MGRC) Technical Analysis FAQ