Is McGrath RentCorp technically bullish or bearish?

Jun 25 2025 08:18 AM IST
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As of June 13, 2025, McGrath RentCorp's technical trend has shifted to mildly bearish, influenced by daily moving averages and weekly Bollinger Bands, despite some mixed signals from the MACD and KST indicators.
As of 13 June 2025, the technical trend for McGrath RentCorp has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the weekly Bollinger Bands also reflecting a mildly bearish outlook. While the MACD shows a mildly bullish signal on the weekly timeframe, the monthly perspective remains mildly bearish. Additionally, the KST and Dow Theory present mixed signals, with the weekly KST being mildly bullish but the monthly KST and Dow Theory indicating bearish tendencies. Overall, the combination of these indicators suggests a cautious bearish sentiment in the current market environment.
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