Is McGrath RentCorp technically bullish or bearish?

Oct 05 2025 11:45 AM IST
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As of October 3, 2025, McGrath RentCorp's trend has shifted to mildly bearish, indicated by bearish MACD readings and Bollinger Bands, despite recent underperformance against the S&P 500.
As of 3 October 2025, the technical trend for McGrath RentCorp has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, supported by weekly and monthly MACD readings, which are both mildly bearish, and a bearish signal from the weekly Bollinger Bands. The Dow Theory also indicates a mildly bearish trend on both weekly and monthly time frames. Although the daily moving averages show a mildly bullish signal, this is overshadowed by the overall bearish indicators.

In terms of performance, McGrath RentCorp has underperformed against the S&P 500 over the past week and month, with returns of -2.70% and -5.82% compared to the S&P 500's gains of 1.09% and 4.15%, respectively. Over the longer term, the stock has shown positive returns, but the recent trend suggests caution.
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