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Stock Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

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.

NASDAQ_MGRC
Open High Low MGRC Price Change
76.13 78.06 75.94 76.07 -0.61
Entry Signal

MarketClub’s Trade Triangles for MGRC

long term up The long-term trend has been UP since Nov 12th, 2021 at 80.400

intermediate term down The intermediate-term trend has been DOWN since Jan 18th, 2022 at 77.305

short term up The short-term trend has been UP since Jan 20th, 2022 at 78.320

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).

-55
Smart Scan Analysis for MGRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
76.13 78.06 75.94 76.07 -0.61
Prev. Close Volume Bid Ask Time
75.89 47910 2022-01-21 15:59:48
Year High68.79Year High Date2018-06-06
Year Low44.76Year Low Date2018-02-01
52wk High87.5352wk High Date2021-06-01
52wk Low67.0852wk Low Date2021-08-18
Year End Close29.0984Average Volume58,551
Shares Outstanding24,247Short Interest1,167,902
% Institutional98.2Market Cap1,617M
Assets161,035,300MLiabilities897,897,000M
P/E Ratio20.2857Beta1.09
Volatility40.28
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