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Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

McGrath RentCorp (NASDAQ:MGRC)

Weak Downtrend (-65) - MGRC is showing signs of a strengthening downtrend. Monitor MGRC as it may be building momentum to the downside.

Is it time to buy, sell, or avoid MGRC?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGRC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MGRC
Open High Low MGRC Price Change
112.96 112.96 111.85 112.02 -0.98
Entry Signal

MarketClub’s Trade Triangles for MGRC

long term up The long-term trend has been UP since Aug 11th, 2023 at 99.560

intermediate term down The intermediate-term trend has been DOWN since Feb 27th, 2024 at 123.815

short term down The short-term trend has been DOWN since Apr 1st, 2024 at 121.700

Smart Scan Analysis for MGRC

Based on our trend formula, MGRC is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MGRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
112.96 112.96 111.85 112.02 -0.98
Prev. Close Volume Bid Ask Time
113.00 5508 2024-04-16 10:08:11
Year High68.79Year High Date2018-06-06
Year Low44.76Year Low Date2018-02-01
52wk High130.8652wk High Date2024-02-12
52wk Low85.9752wk Low Date2023-04-26
Year End Close29.0984Average Volume246,570
Shares Outstanding24,496Short Interest1,167,902
% Institutional98.2Market Cap1,617M
Assets221,728,300MLiabilities128,348,100M
P/E Ratio15.8708Beta1.09
Volatility40.28
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