HERTZ GLOBAL HLDGS INC (HTZ) Stock Technical Analysis
NASDAQ:HTZ - Nasdaq - US42806J7000 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to HTZ. 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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
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.
HTZ is one of the better performing stocks in the Ground Transportation industry, it outperforms 97% of 39 stocks in the same industry.
HTZ has an average volume of 20096700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
In the last month HTZ has a been trading in the 5.56 - 7.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
HTZ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 6.28, a Stop Loss order could be placed below this zone.
More info and screens
3.24
8.17
7 important support areas can be observed.
- A support zone ranging from 6.17 to 6.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.03 to 6.05. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @5.76 from a horizontal line in the daily time frame.
- Support @3.87 from a trend line in the weekly time frame.
- Support @3.57 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 3 important areas.
- Resistance @6.37 from a horizontal line in the daily time frame.
- Resistance @6.66 from a trend line in the daily time frame.
- Resistance @8.09 from a trend 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 | NEUTRAL | NEUTRAL | The short term trend for HTZ is neutral. |
| ChartMill Relative Strength | 96.8 | POSITIVE | HTZ has a high relative strength, it outperformed 96.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HTZ is below 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 | POSITIVE | The current price of HTZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.93 | NEUTRAL | The RSI value for HTZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests HTZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.67 | NEUTRAL | The Stochastics value for HTZ is a neutral value. |
| Average True Range in percent/ATR (20) | 8.1 | HIGH VOLATILITY | The high ATR as a percentage value for HTZ suggests high volalility. |
| Average Directional Index/ADX (14) | 14.57 | NEGATIVE | The low ADX value for HTZ suggests a weak or negative 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)
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 |
|---|---|---|---|
| 6.38 | 6.16 | 0.22 (3.45%) | 25.00% |
| An entry @6.38. This is a Buy Stop order right above the resistance zone. | An exit @6.16. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.22 points, which is 3.45%. | For a 0.86% total portfolio risk, you can invest 25.00% 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.
6.36
+0.2 (+3.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg3.25%
1 Week4.78%
2 Weeks-9.66%
1 Month10.32%
3 Month66.71%
6 Month50.71%
12 Month95.09%
2 Year-65.42%
3 Year-59.85%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%8.1%
ATR Inc9.14%
Range Today0.34
ADR(20)0.51
ADR(20)%8.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.8
Mansfield4.15
10 Day High7.17
10 Day Low5.86
20 Day High7.62
20 Day Low5.56
52 Week High9.39
52 Week Low2.47
CS1 End6.28
CR1 Start6.37
Volume & EV
DER(3)2.55%
DER(5)1.21%
Volume4.74M
Volume Incr-52.34%
Vol(5)5.49M
Vol(50)20.10M