HERTZ GLOBAL HLDGS INC (HTZ) Stock Technical Analysis
NASDAQ:HTZ - US42806J7000 - Common Stock
5.57 USD
-0.26 (-4.46%)
5.66 USD
+0.09 (+1.62%)
Overall HTZ gets a technical rating of 4 out of 10. Although HTZ is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that HTZ is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by HTZ over the past year are nicely spread over this period.
HTZ is part of the Ground Transportation industry. There are 40 other stocks in this industry. HTZ outperforms 94% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
HTZ has an average volume of 8275740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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 5.05 - 7.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HTZ has an average technical rating and the quality of the presented setup is also not ideal at the moment. Prices have been consolidating lately.
More info and screens
3.24
7.83
5 important support areas can be observed.
- Support @5.22 from a trend line in the daily time frame.
- A support zone ranging from 5.10 to 5.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.24 from a trend line in the weekly 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.
- A resistance zone ranging from 5.84 to 5.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.06 from a trend line in the weekly time frame.
- Resistance @7.55 from a trend line in the daily time frame.
- Resistance @7.75 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 | NEUTRAL | NEUTRAL | The long term trend for HTZ is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HTZ is down. |
| ChartMill Relative Strength | 88.24 | POSITIVE | HTZ has a high relative strength, it outperformed 88.24% 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) | 43.62 | 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) | 36 | NEUTRAL | The Stochastics value for HTZ is a neutral value. |
| Average True Range in percent/ATR (20) | 7.49 | HIGH VOLATILITY | The high ATR as a percentage value for HTZ suggests high volalility. |
| Average Directional Index/ADX (14) | 18.59 | 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)
5.57
-0.26 (-4.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-4.46%
1 Week6.7%
2 Weeks3.15%
1 Month-19.97%
3 Month-14.96%
6 Month33.57%
12 Month83.22%
2 Year-67.14%
3 Year-69.83%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%7.49%
ATR Inc20.5%
Range Today0.36
ADR(20)0.38
ADR(20)%6.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.24
Mansfield0.53
10 Day High6.1
10 Day Low5.05
20 Day High7.04
20 Day Low5.05
52 Week High9.39
52 Week Low2.47
CS1 End5.22
CR1 Start5.84
Volume & EV
DER(3)0.98%
DER(5)-0.13%
Volume6.21M
Volume Incr132.86%
Vol(5)17.06M
Vol(50)8.28M