HERC HOLDINGS INC (HRI) Stock Technical Analysis
NYSE:HRI • US42704L1044
Taking everything into account, HRI scores 4 out of 10 in our technical rating. HRI has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- HRI is one of the lesser performing stocks in the Trading Companies & Distributors industry. 63% of 50 stocks in the same industry do better.
- In the last month HRI has a been trading in the 140.93 - 188.35 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, HRI turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
- 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.
HRI has an average technical rating and it also does not offer a high 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
110.30
4 important support areas can be observed.
- Support @148.13 from a trend line in the weekly time frame.
- A support zone ranging from 143.33 to 143.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @129.90 from a trend line in the daily time frame.
- Support @111.41 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 153.47 to 155.67. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for HRI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HRI is down. |
| ChartMill Relative Strength | 49.81 | NEUTRAL | HRI is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of HRI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.1 | NEUTRAL | The RSI value for HRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.87 | NEGATIVE | The MACD value suggests HRI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.67 | OVERSOLD | The low Stochastics value suggests HRI may be oversold. |
| Average True Range in percent/ATR (20) | 5.99 | HIGH VOLATILITY | The high ATR as a percentage value for HRI suggests high volalility. |
| Average Directional Index/ADX (14) | 19.17 | NEGATIVE | The low ADX value for HRI suggests a weak or negative trend. |
153.46
+9.87 (+6.87%)
HERC HOLDINGS INC / HRI FAQ
What is the ChartMill technical rating of HERC HOLDINGS INC (HRI) stock?
ChartMill assigns a technical rating of 4 / 10 to HRI.
Can you provide the trend direction for HERC HOLDINGS INC?
The current trend direction for HERC HOLDINGS INC (HRI) is Bearish.
What is the RSI signal for HRI stock?
HERC HOLDINGS INC (HRI) has an RSI value of 45.0989. 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 -2.87071, 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 148.13 and a resistance level at 153.47. Check the full technical report for our detailed analysis of HRI support and resistance levels.