Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
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
$110.76
$0.13(0.12%)
U.S. Market is Open · 15:19

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:Bearish to Weak (RSI: 35.70)
Trend Strength:Weak (ADX: 17.73)
Volatility:Medium (ATR: 2.46)
Support/Resistance:$107.08 – $118.83 (Bollinger Bands)

Technical conditions suggest McGrath RentCorp on the NASDAQ is awaiting a decisive move. This mix signals that McGrath RentCorp is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 35.70

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 20.45

Bearish
Momentum remains weak below midpoint.

Williams %R: -77.72

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -3.79

Bearish
Selling pressure outweighs buying.

Takeaway:McGrath RentCorp shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -2.06

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 17.73

Weak
Weak trend, market trading sideways.

ATR (14): 2.46

Medium
Medium volatility, healthy price movement.

CCI (14): -60.26

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
$118.83
Middle Band (SMA 20)
$112.96
Lower Band
$107.08
Current Position
Within Bands

Takeaway:McGrath RentCorp trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$117.67
Middle Line (EMA 20)
$112.75
Lower Channel
$107.82
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-69.38K
Money Flow Index17.47Bullish, oversold conditions signal rebound potential.
Relative Vigor Index45.32Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:MGRC shows bearish money flow, with sellers dominating volume and vigor.

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

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

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

(NASDAQ: MGRC) Technical Analysis FAQ