HERC HOLDINGS INC (HRI) Technical Analysis
NYSE:HRI • US42704L1044
Current stock price
HRI Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to HRI. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, HRI is a bad performer in the overall market: 89% of all stocks are doing better.
- HRI is one of the lesser performing stocks in the Trading Companies & Distributors industry. 78% of 47 stocks in the same industry do better.
- HRI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so HRI is lagging the market.
- In the last month HRI has a been trading in the 99.29 - 153.54 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.
HRI Weekly and Daily overview Charts
HRI Setup Rating and Analysis
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
HRI Support and Resistance Analysis
99.42
We found 1 important resistance area.
- Resistance @175.41 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 | DOWN | NEGATIVE | The short term trend for HRI is down. |
| ChartMill Relative Strength | 11.87 | NEGATIVE | HRI has a low relative strength, it was outperformed by 88.13% 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) | 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) | 22.94 | OVERSOLD | The low RSI value suggests HRI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.73 | NEGATIVE | The MACD value suggests HRI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.8 | OVERSOLD | The low Stochastics value suggests HRI may be oversold. |
| Average True Range in percent/ATR (20) | 7.2 | HIGH VOLATILITY | The high ATR as a percentage value for HRI suggests high volalility. |
| Average Directional Index/ADX (14) | 38.72 | 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
100.42
-2.69 (-2.61%)
HERC HOLDINGS INC / HRI TA FAQ
What is the ChartMill technical rating of HERC HOLDINGS INC (HRI) stock?
ChartMill assigns a technical rating of 0 / 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 22.9437. This indicates that the stock is currently oversold.
Can you provide the MACD signal for HERC HOLDINGS INC?
The MACD indicator for HERC HOLDINGS INC (HRI) has a value of -1.72974, indicating a bearish trend.
What are the support and resistance levels for HERC HOLDINGS INC (HRI) stock?
HERC HOLDINGS INC (HRI) has a resistance level at 175.41. Check the full technical report for our detailed analysis of HRI support and resistance levels.