HERC HOLDINGS INC (HRI) Technical Analysis
NYSE:HRI • US42704L1044
Current stock price
HRI Technical Rating and Analysis
Overall HRI gets a technical rating of 1 out of 10. HRI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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.
- 85% of all other stocks performed better in the past year than HRI.
- HRI is one of the lesser performing stocks in the Trading Companies & Distributors industry. 75% of 46 stocks in the same industry do better.
- 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 88.45 - 114.99 range, which is quite wide. It is currently trading near the high of this range.
HRI Weekly and Daily overview Charts
HRI Setup Rating and Analysis
HRI has a poor technical rating and the quality of the setup is also only medium 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
HRI Support and Resistance Analysis
99.35
2 important support areas can be observed.
- A support zone ranging from 104.88 to 105.00. 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 100.35 to 101.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 110.18 to 111.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @171.32 from a trend line in the weekly time frame.
HRI 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 | NEUTRAL | NEUTRAL | The short term trend for HRI is neutral. |
| ChartMill Relative Strength | 15.63 | NEGATIVE | HRI has a low relative strength, it was outperformed by 84.37% off all stocks 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) | DOWN | NEGATIVE | The current price of HRI is below a declining 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) | 49.12 | NEUTRAL | The RSI value for HRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.77 | POSITIVE | The MACD value suggests HRI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.46 | OVERBOUGHT | The high Stochastics value suggests HRI may be overbought. |
| Average True Range in percent/ATR (20) | 5.14 | HIGH VOLATILITY | The high ATR as a percentage value for HRI suggests high volalility. |
| Average Directional Index/ADX (14) | 30.28 | POSITIVE | The high ADX value value for HRI suggests a strong trend. |
HRI Chart- and CandleStick Pattern Analysis
HRI Technicals: Chart, Performance Metrics, Trend & Indicators
107.45
-3.76 (-3.38%)
HERC HOLDINGS INC / HRI TA FAQ
What is the ChartMill technical rating of HERC HOLDINGS INC (HRI) stock?
ChartMill assigns a technical rating of 1 / 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 HERC HOLDINGS INC (HRI) stock?
HERC HOLDINGS INC (HRI) has an RSI value of 49.1202. This indicates that the stock is currently neutral.
What are the support and resistance levels for HERC HOLDINGS INC (HRI) stock?
HERC HOLDINGS INC (HRI) has a support level at 105 and a resistance level at 110.18. Check the full technical report for our detailed analysis of HRI support and resistance levels.