HERTZ GLOBAL HLDGS INC (HTZ) Stock Technical Analysis
NASDAQ:HTZ • US42806J7000
We assign a technical rating of 2 out of 10 to HTZ. HTZ has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- In the last month HTZ has a been trading in the 4.84 - 6.13 range, which is quite wide. It is currently trading near the lows of this range.
- HTZ has an average volume of 5478250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, HTZ outperforms 64% of them, which is more or less in line with the market.
- HTZ is an average performer in the Ground Transportation industry, it outperforms 51% of 42 stocks in the same industry.
- HTZ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HTZ is lagging the market.
Although the technical rating is bad, HTZ does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.95, a Stop Loss order could be placed below this zone.
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4.79
When analyzing the support we notice one important area.
- A support zone ranging from 4.84 to 4.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.30 to 5.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.67 to 5.72. 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 | DOWN | NEGATIVE | The long term trend for HTZ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HTZ is neutral. |
| ChartMill Relative Strength | 64.51 | NEUTRAL | HTZ is not amongst the best or worst performers 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) | UP | MIXED | The current price of HTZ is below the rising 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) | 45.96 | NEUTRAL | The RSI value for HTZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HTZ has a negative trend. |
| Stochastics (14,3) | 39.3 | NEUTRAL | The Stochastics value for HTZ is a neutral value. |
| Average True Range in percent/ATR (20) | 5.66 | HIGH VOLATILITY | The high ATR as a percentage value for HTZ suggests high volalility. |
| Average Directional Index/ADX (14) | 11.12 | NEGATIVE | The low ADX value for HTZ suggests a weak or negative trend. |
5.12
-0.15 (-2.85%)
HERTZ GLOBAL HLDGS INC / HTZ FAQ
What is the technical rating for HTZ stock?
ChartMill assigns a technical rating of 2 / 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 45.9552. 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 -0.00306192, 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 4.95 and a resistance level at 5.3. Check the full technical report for our detailed analysis of HTZ support and resistance levels.