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Stock Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

McGrath RentCorp (NASDAQ:MGRC)

Bear Market Rally (-75) - MGRC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MGRC as it may be in the beginning of a reversal.

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
109.20 111.92 108.00 111.71 +2.41
Entry Signal

MarketClub’s Trade Triangles for MGRC

long term down The long-term trend has been DOWN since Apr 22nd, 2024 at 108.500

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

short term up The short-term trend has been UP since Apr 26th, 2024 at 109.610

Smart Scan Analysis for MGRC

Based on our trend formula, MGRC is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for MGRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
109.20 111.92 108.00 111.71 +2.41
Prev. Close Volume Bid Ask Time
109.30 174888 2024-04-26 15:59:03
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 Volume248,353
Shares Outstanding24,549Short Interest1,167,902
% Institutional98.2Market Cap1,617M
Assets221,728,300MLiabilities128,348,100M
P/E Ratio15.3511Beta1.09
Volatility40.28
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