HERC HOLDINGS INC (HRI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HRI - US42704L1044 - Common Stock
We assign a technical rating of 8 out of 10 to HRI. 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.
Although HRI has an excellent technical rating, the quality of the presented setup is not ideal 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
We found 7 important support areas.
- A support zone ranging from 151.46 to 151.50. 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 131.83 to 132.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @125.89 from a trend line in the weekly time frame.
- Support @120.62 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 154.50 to 156.25. 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 | 59.82 | 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) | 65.11 | NEUTRAL | The RSI value for HRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.09 | POSITIVE | The MACD value suggests HRI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.14 | OVERBOUGHT | The high Stochastics value suggests HRI may be overbought. |
| Average True Range in percent/ATR (20) | 4.05 | MEDIUM VOLATILITY | The ATR as a percentage value for HRI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.04 | POSITIVE | The high ADX value value for HRI suggests a strong trend. |
153.83
-0.58 (-0.38%)
HERC HOLDINGS INC / HRI FAQ
Can you provide the ChartMill technical rating for HERC HOLDINGS INC?
ChartMill assigns a technical rating of 8 / 10 to HRI.
What is the current trend direction of HERC HOLDINGS INC (HRI) stock?
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 65.108. This indicates that the stock is currently neutral.
What is the short term momentum for HRI stock?
The short term momentum for HERC HOLDINGS INC (HRI) is positive.
What is the buy/sell signal for HRI stock?
The buy/sell signal for HERC HOLDINGS INC (HRI) is buy as both the short term and long term trends are positive.