HRI Technical Analysis - HERC HOLDINGS INC

Technical Rating and Analysis

Taking everything into account, HRI scores 1 out of 10 in our technical rating. HRI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

When comparing the yearly performance of all stocks, HRI is a bad performer in the overall market: 90% of all stocks are doing better.

HRI is part of the Trading Companies & Distributors industry. There are 49 other stocks in this industry, of which 79% are performing better than HRI.

HRI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month HRI has a been trading in the 113.25 - 136.13 range, which is quite wide. It is currently trading near the lows of this range.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

HERC HOLDINGS INC / HRI Weekly stock chart

HERC HOLDINGS INC / HRI Daily stock chart

Setup Rating and Analysis

HRI has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

107.55

129.47

When analyzing the support we can see 3 important areas.

Support @115.29 from a trend line in the daily time frame.
Support @111.41 from a horizontal line in the daily time frame.
A support zone ranging from 108.64 to 108.64. This zone is formed by a combination of multiple trend lines in the weekly time frame.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 121.41 to 128.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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Support and Resistance indicators

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	DOWN	NEGATIVE	The long term trend for HRI is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for HRI is down.
ChartMill Relative Strength	10.95	NEGATIVE	HRI has a low relative strength, it was outperformed by 89.05% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of HRI is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of HRI is below the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of HRI is below a declining SMA(200).
Relative Strength Index/RSI (14)	43	NEUTRAL	The RSI value for HRI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.06	NEGATIVE	The MACD value suggests HRI has a negative trend.
Stochastics (14,3)	42.94	NEUTRAL	The Stochastics value for HRI is a neutral value.
Average True Range in percent/ATR (20)	4.97	MEDIUM VOLATILITY	The ATR as a percentage value for HRI suggests some volalility.
Average Directional Index/ADX (14)	11.15	NEGATIVE	The low ADX value for HRI suggests a weak or negative trend.