HERC HOLDINGS INC (HRI) Stock Technical Analysis
NYSE:HRI - New York Stock Exchange, Inc. - US42704L1044 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to HRI. In the past year, HRI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, HRI is a bad performer in the overall market: 75% of all stocks are doing better.
HRI is one of the lesser performing stocks in the Trading Companies & Distributors industry. 70% of 48 stocks in the same industry do better.
HRI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HRI is lagging the market.
In the last month HRI has a been trading in the 109.11 - 139.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
The technical rating of HRI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
122.76
176.20
We can see 5 important resistance areas.
- A resistance zone ranging from 124.67 to 126.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @128.93 from a trend line in the daily time frame.
- A resistance zone ranging from 137.30 to 137.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @171.66 from a trend line in the daily time frame.
- Resistance @174.46 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for HRI is neutral. |
| ChartMill Relative Strength | 25.77 | NEGATIVE | HRI has a low relative strength, it was outperformed by 74.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HRI is below the rising 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) | 52.65 | NEUTRAL | The RSI value for HRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests HRI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.17 | NEUTRAL | The Stochastics value for HRI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.54 | MEDIUM VOLATILITY | The ATR as a percentage value for HRI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.83 | NEUTRAL | The ADX value for HRI suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
124
-4.3 (-3.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-3.35%
1 Week3.04%
2 Weeks-4.05%
1 Month17.87%
3 Month-10.09%
6 Month-44.4%
12 Month-11.08%
2 Year27.19%
3 Year10.05%
5 Year352.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.03
ATR(20)%4.54%
ATR Inc-32.4%
Range Today2.49
ADR(20)5.01
ADR(20)%4.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.77
Mansfield-2.17
10 Day High138.68
10 Day Low122.57
20 Day High139.26
20 Day Low109.11
52 Week High246.88
52 Week Low96.19
CS1 End128.93
CR1 Start137.3
Volume & EV
DER(3)0.08%
DER(5)1.01%
Volume495.18K
Volume Incr-34.38%
Vol(5)331.22K
Vol(50)536.71K