Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MGRC
The long-term trend has been DOWN since Mar 13th, 2023 at 93.065
The intermediate-term trend has been UP since May 9th, 2023 at 91.740
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).
| 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 High | 68.79 | Year High Date | 2018-06-06 |
| Year Low | 44.76 | Year Low Date | 2018-02-01 |
| 52wk High | 111.7 | 52wk High Date | 2023-02-23 |
| 52wk Low | 73.29 | 52wk Low Date | 2022-06-23 |
| Year End Close | 29.0984 | Average Volume | 107,793 |
| Shares Outstanding | 24,477 | Short Interest | 1,167,902 |
| % Institutional | 98.2 | Market Cap | 1,617M |
| Assets | 206,160,300M | Liabilities | 120,206,500M |
| P/E Ratio | 13.1895 | Beta | 1.09 |
| Volatility | 40.28 |