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Stock Trend Analysis Report

Prepared for you on Tuesday, May 30, 2023.

McGrath RentCorp (NASDAQ:MGRC)

Sidelines Mode (+55) - MGRC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open High Low MGRC Price Change
90.34 90.86 89.99 90.53 +0.06
Entry Signal

MarketClub’s Trade Triangles for MGRC

long term down The long-term trend has been DOWN since Mar 13th, 2023 at 93.065

intermediate term up The intermediate-term trend has been UP since May 9th, 2023 at 91.740

short term down The short-term trend has been DOWN since May 22nd, 2023 at 90.800

Smart Scan Analysis for MGRC

Based on our trend formula, MGRC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MGRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
90.34 90.86 89.99 90.53 +0.06
Prev. Close Volume Bid Ask Time
90.48 34104 2023-05-26 15:59:31
Year High68.79Year High Date2018-06-06
Year Low44.76Year Low Date2018-02-01
52wk High111.752wk High Date2023-02-23
52wk Low73.2952wk Low Date2022-06-23
Year End Close29.0984Average Volume107,793
Shares Outstanding24,477Short Interest1,167,902
% Institutional98.2Market Cap1,617M
P/E Ratio13.1895Beta1.09
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