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HRI (Herc Holdings) 5-Day RSI : 77.11 (As of Oct. 31, 2024)


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What is Herc Holdings 5-Day RSI?

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100. Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 5-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.

As of today (2024-10-31), Herc Holdings's 5-Day RSI is 77.11.

The industry rank for Herc Holdings's 5-Day RSI or its related term are showing as below:

HRI's 5-Day RSI is ranked worse than
90.88% of 1119 companies
in the Business Services industry
Industry Median: 48.47 vs HRI: 77.11

Competitive Comparison of Herc Holdings's 5-Day RSI

For the Rental & Leasing Services subindustry, Herc Holdings's 5-Day RSI, along with its competitors' market caps and 5-Day RSI data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Herc Holdings's 5-Day RSI Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Herc Holdings's 5-Day RSI distribution charts can be found below:

* The bar in red indicates where Herc Holdings's 5-Day RSI falls into.



Herc Holdings  (NYSE:HRI) 5-Day RSI Calculation

The formula for calculating RSI is:

RSI=100[ 100 / ( 1 + Average Gain / Average Loss )]

* Note that the formula uses a positive value for the average loss.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Herc Holdings  (NYSE:HRI) 5-Day RSI Explanation

The Relative Strength Index (RSI), developed by J. Welles Wilder in his book “New Concepts in Technical Trading Systems.”, is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100.

Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A RSI surpasses the 30 level indicates a bullish sign, when it slides below 70 level, it’s a bearish sign. This level can be adjusted depending on the security’s pattern and the market’s underlying trend. In an uptrend or bullish market, the RSI might range within a higher interval, investors could set the support level higher. If a downtrend or bearish market occurs, investors may need to lower the resistance level.

RSI can also be used in trading techniques to indicate the trading signal, such as Divergences and Swing Rejections. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 5-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.


Herc Holdings 5-Day RSI Related Terms

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Herc Holdings Business Description

Traded in Other Exchanges
Address
27500 Riverview Center Boulevard, Bonita Springs, FL, USA, 34134
Herc Holdings is an equipment rental company that was spun out of Hertz Global in 2016. It is currently the third-largest equipment rental company (4% market share) in North America, after United Rentals and Sunbelt Rentals, with a fleet size of $6.4 billion. It serves commercial and residential construction customers, the environmental sector, industrial entities, and entertainment production companies. During much of its 50-year-plus history, the company has rented equipment such as aerial lifts to its customers for intermittent use. More recently, it has broadened its catalog to include a host of specialty items. Separately, Herc Holdings' strategy now incorporates long-term rentals to industrial customers where Herc maintains its own staff at the customer site.
Executives
Aaron Birnbaum officer: SVP & Chief Operating Officer 27500 RIVERVIEW CENTER BLVD., BONITA SPRINGS FL 34134
Tamir Peres officer: SVP&Chief Information Officer 27500 RIVERVIEW CENTER BLVD., BONITA SPRINGS FL 34134
Lawrence Harris Silber director, officer: President & CEO 7 FOX HOLLOW COURT, FLEMINGTON NJ 08822
Christian J Cunningham officer: SVP & Chief HR Officer C/O HERC HOLDINGS INC., 27500 RIVERVIEW CENTER BLVD., BONITA SPRINGS FL 34134
Mark Alan Schumacher officer: VP, CAO and Controller 27500 RIVERVIEW CENTER BLVD, BONITA SPRINGS FL 34134
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Mark Irion officer: SVP & CFO C/O NEFF CORPORATION, SUITE 400, 3750 N.W. 87TH AVENUE, MIAMI FL 33178
Hunter Clark Gary director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Steven D Miller director 16690 COLLINS AVENUE, PH, SUNNY ISLE BEACH FL 33160
Rakesh Sachdev director 3050 SPRUCE STREET, ST LOUIS MO 63103
James H Browning director 3760 JARDIN, HOUSTON TX 77005
Andrew Teno director C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Shari L Burgess director
Andrew Langham director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Herbert L Henkel director C/O INGERSOLL-RAND COMPANY LIMITED, 155 CHESTNUT RIDGE ROAD, MONTVALE NJ 07645