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McGrath RentCorp (MGRC) - Buy, Sell or Hold?

Sector: Technology   Sub-Sector: Diversified Commercial Services
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Tue, 28 Nov 2017NoneDojiThu, 16 Nov 20174.64%
***Stock database and scans are updated around midnight (New York time) every trading day.
48.24 0.00 (0%) Nov 28 4:00pm EST
Open: 47.89 Range: 47.62 - 48.27 Vol: 122.6K Avg Vol: 59.5K
EPS: 1.75 P/E ratio: 25.56 EBITDA: 93.06M Mkt Cap: 1.07B
Analyze "MGRC" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 47.32
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 46.87
Last Trade is above the 50 day moving average at 45.45
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 38.07
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of MGRC

Stock Trend Analysis - Buy, Sell or Hold "McGrath RentCorp" (MGRC)?

MGRC is in a long term trading range with an upward bias. The last 52 weeks has seen this stock maintain an upward swing with about 71% of the time spent trading above the 200 day moving average. In the medium term, the 50 day moving average for MGRC is very bullish, indicating good swing trading opportunities for longs. The 20 day moving average generally supports both the longer and medium term trends and is exhibiting a bullish bias. Unless key support levels currently at 38.07 and 45.45 are convincingly penetrated, the buy the dips strategy is still the higher probability trade. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "MGRC".

The analyst consensus estimates for the 1 year price target for this stock is $55.00* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Tue, 28 Nov 2017
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