HERTZ GLOBAL HLDGS INC (HTZ) Stock Technical Analysis
NASDAQ:HTZ - Nasdaq - US42806J7000 - Common Stock - Currency: USD
Overall HTZ gets a technical rating of 4 out of 10. HTZ was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month HTZ has a been trading in the 5.98 - 8.44 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.
Looking at the yearly performance, HTZ did better than 85% of all other stocks.
HTZ is one of the better performing stocks in the Ground Transportation industry, it outperforms 92% of 40 stocks in the same industry.
HTZ has an average volume of 7389400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
HTZ is currently trading in the middle 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 slightly.
HTZ has an average technical rating and it also 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
8.05
6 important support areas can be observed.
- Support @5.86 from a horizontal line in the weekly time frame.
- Support @5.76 from a horizontal line in the daily time frame.
- Support @4.11 from a trend line in the weekly time frame.
- Support @3.78 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 2 important areas.
- A resistance zone ranging from 7.31 to 7.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.76 to 7.97. 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 | UP | POSITIVE | The long term trend for HTZ is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HTZ is down. |
| ChartMill Relative Strength | 85.41 | POSITIVE | HTZ has a high relative strength, it outperformed 85.41% 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) | UP | POSITIVE | The current price of HTZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.86 | NEUTRAL | The RSI value for HTZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests HTZ has a negative trend. |
| Stochastics (14,3) | 4.81 | OVERSOLD | The low Stochastics value suggests HTZ may be oversold. |
| Average True Range in percent/ATR (20) | 8.38 | HIGH VOLATILITY | The high ATR as a percentage value for HTZ suggests high volalility. |
| Average Directional Index/ADX (14) | 24.7 | 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)
5.99
-0.42 (-6.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-6.55%
1 Week-19.49%
2 Weeks-20.45%
1 Month-17.83%
3 Month-10.33%
6 Month45.04%
12 Month61.89%
2 Year-64.66%
3 Year-67.55%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%8.38%
ATR Inc-26.16%
Range Today0.31
ADR(20)0.49
ADR(20)%8.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.41
Mansfield1.99
10 Day High8.36
10 Day Low5.98
20 Day High8.44
20 Day Low5.98
52 Week High9.39
52 Week Low2.47
CS1 End5.86
CR1 Start7.31
Volume & EV
DER(3)-0.04%
DER(5)-0.8%
Volume5.06M
Volume Incr-14.51%
Vol(5)6.34M
Vol(50)7.39M