HERC HOLDINGS INC (HRI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HRI - US42704L1044 - Common Stock
Taking everything into account, HRI scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HRI is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- When compared to the yearly performance of all other stocks, HRI outperforms 45% of them, which is more or less in line with the market.
- HRI is part of the Trading Companies & Distributors industry. There are 50 other stocks in this industry, HRI did better than 40% of them.
- HRI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HRI is lagging the market.
- In the last month HRI has a been trading in the 144.72 - 173.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, HRI also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
107.55
We found 7 important support areas.
- A support zone ranging from 158.19 to 158.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 146.05 to 148.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @129.13 from a trend line in the weekly time frame.
- Support @122.47 from a trend line in the daily time frame.
- Support @117.79 from a horizontal line in the daily time frame.
- Support @111.41 from a horizontal line in the daily time frame.
- Support @108.64 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 168.00 to 168.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for HRI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HRI is up. |
| ChartMill Relative Strength | 45.96 | NEUTRAL | HRI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HRI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HRI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HRI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.7 | NEUTRAL | The RSI value for HRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.54 | NEGATIVE | The MACD value suggests HRI has a negative trend. |
| Stochastics (14,3) | 56.25 | NEUTRAL | The Stochastics value for HRI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for HRI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.59 | NEUTRAL | The ADX value for HRI suggests a possible start of a new trend. |
158.81
-0.32 (-0.2%)
HERC HOLDINGS INC / HRI FAQ
What is the ChartMill technical rating of HERC HOLDINGS INC (HRI) stock?
ChartMill assigns a technical rating of 8 / 10 to HRI.
Can you provide the trend direction for HERC HOLDINGS INC?
The current trend direction for HERC HOLDINGS INC (HRI) is Bullish.
What is the RSI signal for HRI stock?
HERC HOLDINGS INC (HRI) has an RSI value of 54.7045. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HERC HOLDINGS INC?
The MACD indicator for HERC HOLDINGS INC (HRI) has a value of -0.539942, indicating a bearish trend.
What are the support and resistance levels for HERC HOLDINGS INC (HRI) stock?
HERC HOLDINGS INC (HRI) has a support level at 158.61 and a resistance level at 168. Check the full technical report for our detailed analysis of HRI support and resistance levels.