Technical Analysis for MGRC - McGrath RentCorp

Grade Last Price % Change Price Change
grade C 59.84 0.81% 0.48
MGRC closed up 0.81 percent on Thursday, August 6, 2020, on 55 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up
Historical MGRC trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.81%
Inside Day Range Contraction 0.81%
Up 3 Days in a Row Strength 0.81%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 2.03%
Upper Bollinger Band Walk Strength 2.03%
Inside Day Range Contraction 2.03%

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Profile

McGrath RentCorp, a business to business rental company, engages in the rental and sale of relocatable modular buildings, electronic test equipment, and liquid and solid containment tanks and boxes in the United States and internationally. It operates through four segments: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. The Mobile Modular segment is involved in the rental of modular buildings designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices, construction field offices, restroom buildings, health care clinics, child care facilities, office space, and various other purposes; and portable storage containers. The TRS-RenTelco segment rents and sells general purpose electronic test equipment, including oscilloscopes, amplifiers, analyzers, signal source, and power source test equipment for aerospace, defense, electronics, industrial, research, and semiconductor industries. This segment also provides communications test equipment comprising network and transmission test equipment for various fiber, copper, and wireless networks to manufacturers of communications equipment and products, electrical and communications installation contractors, field technicians, and service providers. The Adler Tanks segment engages in the rental of fixed axle steel tanks for the storage of groundwater, wastewater, volatile organic liquids, sewage, slurry and bio sludge, oil and water mixtures, and chemicals; vacuum containers for sludge and solid materials, and for on-site storage or transporting materials off-site; dewatering boxes for separation of water contained in sludge and slurry; and roll-off and trash boxes for temporary storage and transportation of solid waste. The Enviroplex segment manufactures and sells modular classrooms directly to public school districts and other educational institutions in California. The company was founded in 1979 and is headquartered in Livermore, California.
Transportation Oil Aerospace Electronics Chemicals Semiconductor Construction Architecture Engineering Building Engineering Business To Business Communications Equipment Intermodal Container Wireless Networks Modularity Modular Building Sewerage Sustainable Building Electronic Test Equipment

Is MGRC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 83.95
52 Week Low 44.32
Average Volume 105,762
200-Day Moving Average 64.05
50-Day Moving Average 55.30
20-Day Moving Average 55.91
10-Day Moving Average 57.83
Average True Range 2.01
ADX 20.25
+DI 34.36
-DI 17.00
Chandelier Exit (Long, 3 ATRs ) 58.17
Chandelier Exit (Short, 3 ATRs ) 55.40
Upper Bollinger Band 60.89
Lower Bollinger Band 50.93
Percent B (%b) 0.89
BandWidth 17.80
MACD Line 1.48
MACD Signal Line 1.00
MACD Histogram 0.4797
Fundamentals Value
Market Cap 1.44 Billion
Num Shares 24.1 Million
EPS 1.75
Price-to-Earnings (P/E) Ratio 34.19
Price-to-Sales 2.51
Price-to-Book 2.69
PEG Ratio 2.40
Dividend 1.04
Dividend Yield 1.74%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 61.12
Resistance 3 (R3) 61.02 60.50 60.90
Resistance 2 (R2) 60.50 60.18 60.55 60.83
Resistance 1 (R1) 60.17 59.97 60.34 60.27 60.76
Pivot Point 59.65 59.65 59.73 59.70 59.65
Support 1 (S1) 59.32 59.33 59.49 59.42 58.92
Support 2 (S2) 58.80 59.12 58.85 58.85
Support 3 (S3) 58.47 58.80 58.78
Support 4 (S4) 58.57