• Return to Headlines

Look for Shares of Hertz Global Hol to Potentially Pullback after Yesterday's 2.58% Rise

By Nick Russo

Hertz Global Hol (NYSE:HTZ) traded in a range yesterday that spanned from a low of $14.34 to a high of $14.80. Yesterday, the shares gained 2.6%, which took the trading range above the 3-day high of $14.54 on volume of 1.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Hertz Global Hol share prices have moved between a 52-week high of $21.95 and a 52-week low of $11.24 and are now trading 31% above that low price at $14.75 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.3% while the 200-day MA has slid 0.8%.

SmarTrend is monitoring the recent change of momentum in Hertz Global Hol. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Hertz Global Hol in search of a potential trend change.

Keywords: rebounders hertz global hol

Ticker(s): HTZ