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Hertz Global Hol Bearish Moving Average Crossover Alert (HTZ)

By Amy Schwartz

Today, shares of Hertz Global Hol (NYSE:HTZ) have fallen below their 10-day MA of $17.89 on a volume of 1.1 million shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Hertz Global Hol share prices have been bracketed by a low of $8.52 and a high of $52.27 and are now at $17.31, 103% above that low price. The 200-day and 50-day moving averages have moved 0.57% lower and 0.65% higher over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Hertz Global Hol on February 9th, 2018 by issuing a Downtrend alert when the shares were trading at $19.46. Since that call, shares of Hertz Global Hol have fallen 7.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses hertz global hol

Ticker(s): HTZ