RSI low/high Values: [ 20 - 80 ]
* 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.L
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Hertz Global Holdings Inc stock price ended at £2,105.00 on Wednesday, after losing 0.94%.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Nov 13, 2023 Gain 21.40% PDF

The Hertz Global Holdings Inc stock price fell by -0.94% on the last day (Wednesday, 27th Mar 2024) from £2,125.00 to £2,105.00. During the last trading day the stock fluctuated 1.74% from a day low at £2,093.60 to a day high of £2,130.00. The price has fallen in 5 of the last 10 days and is down by -0.94% for this period. Volume has increased on the last day by 2 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 54 thousand shares were bought and sold for approximately £112.77 million.

The stock lies in the lower part of a narrow and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £2,097.19 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 14.58% during the next 3 months and, with a 90% probability hold a price between £2,402.97 and £2,518.14 at the end of this 3-month period.

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HRI.L Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Friday, March 08, 2024, and so far it has fallen -1.64%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The Hertz Global 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 £2,102.14 and £2,088.57. A breakdown below any of these levels will issue sell signals.

Support, Risk & Stop-loss for Hertz Global Holdings Inc stock

Hertz Global Holdings Inc finds support from accumulated volume at £2,080.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved £36.40 between high and low, or 1.74%. For the last week the stock has had daily average volatility of 1.24%.

Our recommended stop-loss: £2,034.93 (-3.33%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 13 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Hertz Global Holdings Inc to open at £2,109.53, and during the day (based on 14 day Average True Range), to move between £2,074.01 and £2,135.99, which gives a possible trading interval of +/-£30.99 (+/-1.47%) up or down from last closing price. If Hertz Global Holdings Inc takes out the full calculated possible swing range there will be an estimated 2.94% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £2,115.00 (0.48%) than the support at £2,080.00 (1.19%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Hertz Global Holdings Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Hertz Global Holdings Inc stock to perform well in the short-term.

Current score: 2.836 Buy Candidate Unchanged

Predicted Opening Price for Hertz Global Holdings Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£2,109.53 ( 0.215%) £2,105.00

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

Trading levels for HRI.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2,145.93 1.94 %
R2 2,132.03 1.28 %
R1 2,123.44 0.88 %
Current price: 2,105.00
Support S1 2,095.63 -0.445 %
S2 2,087.04 -0.85 %
S3 2,073.13 -1.51 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 2,140.00 1.66 %
R2 2,125.00 0.95 %
R1 2,115.00 0.475 %
Current price 2,105.00
Support S1 2,080.00 -1.19%
S2 2,075.00 -1.43%
S3 1,892.00 -10.12%

HRI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 20, 2013 Apr 10, 2013 May 03, 2013 £1.00 0.184%
2 Feb 15, 2012 Apr 04, 2012 May 03, 2012 £1.00 0.195%
3 Feb 17, 2010 Apr 07, 2010 Apr 29, 2010 £0.300 0.0790%
4 Apr 05, 2010 Apr 05, 2010 Apr 05, 2010 £0.300 0.0808%
5 Apr 01, 2010 Apr 01, 2010 Apr 01, 2010 £0.300 0.0808%

FAQ

What is the symbol for Hertz Global Holdings Inc Stock and on which exchange is it traded?
The symbol for Hertz Global Holdings Inc is HRI.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Hertz Global Holdings Inc Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Hertz Global Holdings Inc stock to perform well in the short-term.

How to buy Hertz Global Holdings Inc Stock?
Hertz Global 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 Hertz Global Holdings Inc Stock.

What's the current price of Hertz Global Holdings Inc Stock?
As of the end of day on the 2024-03-27, the price of an Hertz Global Holdings Inc (HRI.L) share was £2,105.00.

What is the 52-week high and low for Hertz Global Holdings Inc Stock?
The 52-week high for Hertz Global Holdings Inc Stock is £2,159.75 and the 52-week low is £1,590.00.

What is the market capitalization of Hertz Global Holdings Inc Stock?
As of the 2024-03-27, the market capitalization of Hertz Global Holdings Inc is 1.158B.

When is the next earnings date for Hertz Global Holdings Inc?
The upcoming earnings date for Hertz Global Holdings Inc is Jul 17, 2024.
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About Hertz Global Holdings Inc

Herald Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Herald Investment Management Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the technology, telecommunications, and multi-media sectors. It primarily invests in stocks of small-cap companies having market capitalizations lower than £750 million. The fund benchmarks the performance o... HRI.L Profile

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