Londinia Opportunities Analyses - 09/22/2021 (GMT) HERC HOLDINGS INC. - Daily
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- U.S. Stocks
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 133.80 USD
My targets
148.18 USD (+5.10%)
160.74 USD (+14.01%)
My analysis
HERC HOLDINGS INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 133.80 USD. The next resistance located at 148.18 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 160.74 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2
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Additional analysis
Quotes
The HERC HOLDINGS INC. rating is 140.99 USD. The price has increased by +5.89% since the last closing and was between 136.47 USD and 140.99 USD. This implies that the price is at +3.31% from its lowest and at 0% from its highest.136.47
140.99
140.99
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by HERC HOLDINGS INC.:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Journalier of this HERC HOLDINGS INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 92.93 | 117.48 | 133.80 | 140.99 |
| Change (%) | -34.09% | -16.67% | -5.10% | - |
| Change | -48.06 | -23.51 | -7.19 | - |
| Level | Minor | Major | Major | - |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 124.24 | 126.10 | 129.63 | 131.49 | 135.02 | 136.88 | 140.41 |
| Camarilla | 131.67 | 132.16 | 132.66 | 133.15 | 133.64 | 134.14 | 134.63 |
| Woodie | 125.07 | 126.52 | 130.46 | 131.91 | 135.85 | 137.30 | 141.24 |
| Fibonacci | 126.10 | 128.16 | 129.43 | 131.49 | 133.55 | 134.82 | 136.88 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 111.68 | 116.95 | 122.93 | 128.20 | 134.18 | 139.45 | 145.43 |
| Camarilla | 125.82 | 126.85 | 127.88 | 128.91 | 129.94 | 130.97 | 132.00 |
| Woodie | 112.04 | 117.13 | 123.29 | 128.38 | 134.54 | 139.63 | 145.79 |
| Fibonacci | 116.95 | 121.25 | 123.90 | 128.20 | 132.50 | 135.15 | 139.45 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 97.98 | 106.34 | 118.90 | 127.26 | 139.82 | 148.18 | 160.74 |
| Camarilla | 125.70 | 127.62 | 129.53 | 131.45 | 133.37 | 135.29 | 137.20 |
| Woodie | 100.07 | 107.39 | 120.99 | 128.31 | 141.91 | 149.23 | 162.83 |
| Fibonacci | 106.34 | 114.34 | 119.27 | 127.26 | 135.26 | 140.19 | 148.18 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 63.37 | |
| MACD (12,26,9): | 1.9900 | |
| Directional Movement: | 15.41 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 131.55 | |
| Parabolic SAR (0,02-0,02-0,2): | 122.00 | |
| Elder Ray (13): | 8.42 | |
| Super Trend (3,10): | 121.47 | |
| Zig ZAG (10): | 138.42 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 70.49 | |
| TEMA (21): | 131.42 | |
| Williams %R (14): | -9.68 | |
| Chande Momentum Oscillator (20): | 8.20 | |
| Repulse (5,40,3): | 5.2900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1800 | |
| Courbe Coppock: | 1.07 |
| MA7: | 129.75 | |
| MA20: | 129.56 | |
| MA50: | 124.60 | |
| MA100: | 116.93 | |
| MAexp7: | 131.66 | |
| MAexp20: | 129.05 | |
| MAexp50: | 124.57 | |
| MAexp100: | 116.55 | |
| Price / MA7: | +8.66% | |
| Price / MA20: | +8.82% | |
| Price / MA50: | +13.15% | |
| Price / MA100: | +20.58% | |
| Price / MAexp7: | +7.09% | |
| Price / MAexp20: | +9.25% | |
| Price / MAexp50: | +13.18% | |
| Price / MAexp100: | +20.97% |
Quotes :
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15 min delayed data
-
Actions NYSE
News
The last news published on HERC HOLDINGS INC. at the time of the generation of this analysis was as follows:
- Herc Holdings Announces New Strategic Initiatives and Capital Allocation Plan
- Herc Holdings Announces Investor Day Weblink Registration Details
- Herc Holdings Announces Investor Day to be held on September 20, 2021
- Herc Holdings Completes Acquisition of Texas-based CBS Rentals
- Herc Holdings to Acquire Texas-based CBS Rentals