HERC HOLDINGS INC (HRI) Stock Technical Analysis
NYSE:HRI - New York Stock Exchange, Inc. - US42704L1044 - Common Stock - Currency: USD
Overall HRI gets a technical rating of 1 out of 10. 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, HRI is a bad performer in the overall market: 81% of all stocks are doing better.
HRI is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry, of which 80% 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 108.89 - 151.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
107.55
150.55
When analyzing the support we can see 3 important areas.
- Support @124.37 from a trend line in the daily time frame.
- A support zone ranging from 110.50 to 111.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @108.64 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 127.60 to 129.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @139.54 from a trend line in the weekly time frame.
- Resistance @142.35 from a trend line in the daily time frame.
- Resistance @149.06 from a horizontal line in the daily 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 | 19.52 | NEGATIVE | HRI has a low relative strength, it was outperformed by 80.48% 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) | 49.86 | NEUTRAL | The RSI value for HRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.89 | POSITIVE | The MACD value suggests HRI has a positive trend. |
| Stochastics (14,3) | 56.58 | NEUTRAL | The Stochastics value for HRI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.41 | HIGH VOLATILITY | The high ATR as a percentage value for HRI suggests high volalility. |
| Average Directional Index/ADX (14) | 18.48 | NEGATIVE | The low ADX value for HRI suggests a weak or negative 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)
124.85
+0.09 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg0.07%
1 Week12.39%
2 Weeks9.62%
1 Month-1.15%
3 Month-0.66%
6 Month-23.86%
12 Month-14.71%
2 Year-4.06%
3 Year10.95%
5 Year204.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.49
ATR(20)%5.41%
ATR Inc-60.67%
Range Today2.99
ADR(20)6.05
ADR(20)%4.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.52
Mansfield-2.78
10 Day High129.64
10 Day Low108.89
20 Day High151.12
20 Day Low108.89
52 Week High246.88
52 Week Low96.19
CS1 End124.37
CR1 Start127.6
Volume & EV
DER(3)0.71%
DER(5)1.54%
Volume231.70K
Volume Incr-37.71%
Vol(5)394.80K
Vol(50)529.30K