We assign a technical rating of 7 out of 10 to HTZ. HTZ has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Besides having an excellent technical rating, HTZ also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 5.67. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for HTZ in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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4.79
We found 5 important support areas.
- A support zone ranging from 5.40 to 5.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.28 to 5.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.05 to 5.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.95 from a horizontal line in the daily time frame.
- Support @4.84 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 5.67 to 5.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.03 to 6.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.25 to 6.30. 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 | NEUTRAL | NEUTRAL | The long term trend for HTZ is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HTZ is up. |
| ChartMill Relative Strength | 84.26 | POSITIVE | HTZ has a high relative strength, it outperformed 84.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HTZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HTZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HTZ is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.39 | NEUTRAL | The RSI value for HTZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests HTZ has a positive trend. |
| Stochastics (14,3) | 71.46 | NEUTRAL | The Stochastics value for HTZ is a neutral value. |
| Average True Range in percent/ATR (20) | 4.56 | MEDIUM VOLATILITY | The ATR as a percentage value for HTZ suggests some volalility. |
| Average Directional Index/ADX (14) | 20.35 | NEUTRAL | The ADX value for HTZ suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.76 | 5.39 | 0.37 (6.42%) | 15.57% |
| An entry @5.76. This is a Buy Stop order right above the resistance zone. | An exit @5.39. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.37 points, which is 6.42%. | For a 1.00% total portfolio risk, you can invest 15.57% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HTZ. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
5.66
+0.06 (+1.07%)
HERTZ GLOBAL HLDGS INC / HTZ FAQ
What is the technical rating for HTZ stock?
ChartMill assigns a technical rating of 7 / 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 58.3947. 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 0.0547184, 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 support level at 5.46 and a resistance level at 5.67. Check the full technical report for our detailed analysis of HTZ support and resistance levels.