HERTZ GLOBAL HLDGS INC (HTZ) Stock Technical Analysis
NASDAQ:HTZ - Nasdaq - US42806J7000 - Common Stock - Currency: USD
Overall HTZ gets a technical rating of 8 out of 10. Both in the recent history as in the last year, HTZ has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
HTZ is part of the Ground Transportation industry. There are 40 other stocks in this industry. HTZ outperforms 94% of them.
HTZ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HTZ is lagging the market slightly.
In the last month HTZ has a been trading in the 5.72 - 8.03 range, which is quite wide. It is currently trading near the high of this range.
HTZ has an average volume of 10562700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that HTZ is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Although HTZ has an excellent technical rating, it does not offer a high 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
3.24
8.39
When analyzing the support we can see 8 important areas.
- Support @6.82 from a horizontal line in the daily time frame.
- A support zone ranging from 6.47 to 6.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.31 to 6.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.76 from a horizontal line in the daily time frame.
- Support @3.97 from a trend line in the weekly time frame.
- Support @3.67 from a trend line in the daily time frame.
- Support @3.42 from a horizontal line in the weekly time frame.
- Support @3.27 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @7.43 from a trend line in the daily time frame.
- Resistance @7.57 from a horizontal line in the daily time frame.
- Resistance @7.99 from a trend line in the weekly time frame.
- Resistance @8.31 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for HTZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HTZ is up. |
| ChartMill Relative Strength | 96.48 | POSITIVE | HTZ has a high relative strength, it outperformed 96.48% 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) | DOWN | MIXED | The current price of HTZ is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HTZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.71 | NEUTRAL | The RSI value for HTZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests HTZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.77 | NEUTRAL | The Stochastics value for HTZ is a neutral value. |
| Average True Range in percent/ATR (20) | 6.41 | HIGH VOLATILITY | The high ATR as a percentage value for HTZ suggests high volalility. |
| Average Directional Index/ADX (14) | 23.04 | NEUTRAL | The ADX value for HTZ suggests a possible start of a new 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)
7.29
+0.12 (+1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg1.67%
1 Week-3.57%
2 Weeks23.98%
1 Month20.1%
3 Month97.03%
6 Month90.34%
12 Month100.28%
2 Year-56.74%
3 Year-65.97%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%6.41%
ATR Inc-4.02%
Range Today0.45
ADR(20)0.45
ADR(20)%6.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.48
Mansfield5.12
10 Day High8.03
10 Day Low5.92
20 Day High8.03
20 Day Low5.72
52 Week High9.39
52 Week Low2.47
CS1 End6.82
CR1 Start7.43
Volume & EV
DER(3)2.64%
DER(5)0.72%
Volume4.97M
Volume Incr14.32%
Vol(5)7.46M
Vol(50)10.56M