RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of HRI
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Stronger technical forecast for Herc Holdings Inc. stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 15, 2024 Gain 12.85% PDF

The Herc Holdings Inc. stock price gained 1.37% on the last trading day (Wednesday, 27th Mar 2024), rising from $167.71 to $170.00. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.01% from a day low at $167.03 to a day high of $170.39. The price has risen in 8 of the last 10 days and is up by 7.15% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 115 thousand more shares were traded than the day before. In total, 188 thousand shares were bought and sold for approximately $31.99 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 16.03% during the next 3 months and, with a 90% probability hold a price between $177.67 and $203.72 at the end of this 3-month period.

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HRI Signals & Forecast

The Herc Holdings Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $165.87 and $156.79. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 11, 2024, and so far it has risen 9.09%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The stock had a Golden Star Signal on Thursday, December 07, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Thursday, December 07, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Herc Holdings Inc. stock

Herc Holdings Inc. finds support from accumulated volume at $162.89 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $3.35 between high and low, or 2.01%. For the last week, the stock has had daily average volatility of 2.19%.

Our recommended stop-loss: $162.99 (-4.13%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 12 days ago.)

Trading Expectations (HRI) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Herc Holdings Inc. to open at $169.14, and during the day (based on 14 day Average True Range), to move between $165.60 and $174.40, which gives a possible trading interval of +/-$4.40 (+/-2.59%) up or down from last closing price. If Herc Holdings Inc. takes out the full calculated possible swing range there will be an estimated 5.18% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $162.89, some $7.11 (4.18%) from the current price of $170.00, our system finds the risk reward attractive.

Is Herc Holdings Inc. stock A Buy?

Herc Holdings Inc. holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 7.282 Strong Buy Candidate Upgraded

Predicted Opening Price for Herc Holdings Inc. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$169.14 ( 0.507%) $170.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for HRI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 172.49 1.47 %
R2 171.21 0.713 %
R1 170.42 0.247 %
Current price: 170.00
Support S1 167.86 -1.26 %
S2 167.06 -1.73 %
S3 165.78 -2.48 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 170.00
Support S1 162.89 -4.18%
S2 156.49 -7.95%
S3 141.19 -16.95%

HRI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 20, 2024 Feb 20, 2024 Mar 07, 2024 $0.665 0.417%
2 Dec 01, 2023 Dec 08, 2023 Dec 26, 2023 $0.633 0.418%
3 Aug 04, 2023 Aug 17, 2023 Sep 01, 2023 $0.632 0.472%
4 May 12, 2023 May 25, 2023 Sep 01, 2023 $0.633 0.473%
5 Feb 08, 2023 Feb 21, 2023 Mar 09, 2023 $0.633 0.469%

FAQ

What is the symbol for Herc Holdings Inc. Stock and on which exchange is it traded?
The symbol for Herc Holdings Inc. is HRI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Herc Holdings Inc. Stock?
Herc Holdings Inc. holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

How to buy Herc Holdings Inc. Stock?
Herc Holdings Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Herc Holdings Inc. Stock.

What's the current price of Herc Holdings Inc. Stock?
As of the end of day on the 2024-03-27, the price of an Herc Holdings Inc. (HRI) share was $170.00.

What is the 52-week high and low for Herc Holdings Inc. Stock?
The 52-week high for Herc Holdings Inc. Stock is $170.39 and the 52-week low is $93.99.

What is the market capitalization of Herc Holdings Inc. Stock?
As of the 2024-03-27, the market capitalization of Herc Holdings Inc. is 4.814B.

When is the next earnings date for Herc Holdings Inc.?
The upcoming earnings date for Herc Holdings Inc. is Apr 18, 2024.
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About Herc Holdings Inc.

Herc Holdings. Herc Holdings Inc., through its subsidiaries, operates as an equipment rental supplier in the United States and internationally. It rents aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment. The company also provides ProSolutions, an industry specific solution-based services, which include power generation, climate control, remediation and restoration, pump, trench shoring, and studio a... HRI Profile

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