HERTZ GLOBAL HLDGS INC (HTZ) Technical Analysis
NASDAQ:HTZ • US42806J7000
Overall HTZ gets a technical rating of 0 out of 10. HTZ'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.
- 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, HTZ is a bad performer in the overall market: 78% of all stocks are doing better.
- HTZ is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HTZ is lagging the market.
- In the last month HTZ has a been trading in the 4.06 - 5.40 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.
- HTZ has an average volume of 5750880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- HTZ is an average performer in the Ground Transportation industry, it outperforms 43% of 42 stocks in the same industry.
HTZ 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
4.08
When analyzing the resistance we notice 5 important areas.
- Resistance @4.55 from a horizontal line in the daily time frame.
- A resistance zone ranging from 4.93 to 5.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.29 from a horizontal line in the daily time frame.
- A resistance zone ranging from 5.47 to 5.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.74 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 HTZ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HTZ is down. |
| ChartMill Relative Strength | 22.16 | NEGATIVE | HTZ has a low relative strength, it was outperformed by 77.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HTZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HTZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HTZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.2 | NEUTRAL | The RSI value for HTZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests HTZ has a negative trend. |
| Stochastics (14,3) | 10.45 | OVERSOLD | The low Stochastics value suggests HTZ may be oversold. |
| Average True Range in percent/ATR (20) | 7.4 | HIGH VOLATILITY | The high ATR as a percentage value for HTZ suggests high volalility. |
| Average Directional Index/ADX (14) | 23.01 | NEUTRAL | The ADX value for HTZ suggests a possible start of a new trend. |
HTZ Technicals: Chart, Performance Metrics, Trend & Indicators
4.12
-0.18 (-4.19%)
HERTZ GLOBAL HLDGS INC / HTZ FAQ
What is the technical rating for HTZ stock?
ChartMill assigns a technical rating of 0 / 10 to HTZ.
What is the current trend direction of HERTZ GLOBAL HLDGS INC (HTZ) stock?
The current trend direction for HERTZ GLOBAL HLDGS INC (HTZ) is Bearish.
What is the RSI signal for HTZ stock?
HERTZ GLOBAL HLDGS INC (HTZ) has an RSI value of 31.1982. This indicates that the stock is currently neutral.
What is the MACD signal for HTZ stock?
The MACD indicator for HERTZ GLOBAL HLDGS INC (HTZ) has a value of -0.0401582, indicating a bearish trend.
What are the support and resistance levels for HERTZ GLOBAL HLDGS INC (HTZ) stock?
HERTZ GLOBAL HLDGS INC (HTZ) has a resistance level at 4.55. Check the full technical report for our detailed analysis of HTZ support and resistance levels.