HERTZ GLOBAL HLDGS INC (HTZ) Stock Technical Analysis
USA - NASDAQ:HTZ - US42806J7000 - Common Stock
We assign a technical rating of 6 out of 10 to HTZ. Although HTZ has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
HTZ has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 5.10, a Stop Loss order could be placed below this zone.
More info and screens
4.56
We found 3 important support areas.
- A support zone ranging from 5.04 to 5.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.93 to 4.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @4.61 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @6.79 from a trend line in the daily time frame.
- Resistance @7.41 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 | NEUTRAL | NEUTRAL | The short term trend for HTZ is neutral. |
| ChartMill Relative Strength | 86.57 | POSITIVE | HTZ has a high relative strength, it outperformed 86.57% 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) | UP | MIXED | The current price of HTZ is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HTZ is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.92 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 52.12 | NEUTRAL | The Stochastics value for HTZ is a neutral value. |
| Average True Range in percent/ATR (20) | 10.1 | HIGH VOLATILITY | The high ATR as a percentage value for HTZ suggests high volalility. |
| Average Directional Index/ADX (14) | 28.38 | POSITIVE | The high ADX value value for HTZ suggests a strong trend. |
5.65
-0.42 (-6.92%)
HERTZ GLOBAL HLDGS INC / HTZ FAQ
What is the technical rating for HTZ stock?
ChartMill assigns a technical rating of 6 / 10 to HTZ.
Can you provide the trend direction for HERTZ GLOBAL HLDGS INC?
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 46.9183. 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 0.0538895, 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 5.1 and a resistance level at 6.79. Check the full technical report for our detailed analysis of HTZ support and resistance levels.