• Return to Headlines

Hertz Global Hol Up on Heavy Volume in Possible Trend Reversal (HTZ)

By Shiri Gupta

Shares of Hertz Global Hol are trading today in above average volume, with the share price rising 13.7% to $18.51. About 5.2 million shares have been traded today, as compared to the 30-day average volume of 2.7 million shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that its subscribers protect gains by selling shares of Hertz Global Hol on August 31st, 2018 by issuing a Downtrend alert when the shares were trading at $17.70. Since that call, shares of Hertz Global Hol have fallen 8.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Over the past year, Hertz Global Hol has traded in a range of $13.01 to $25.63 and is now at $19.23, 48% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 1.7%.

Keywords: unusual volume hertz global hol

Ticker(s): HTZ