Is HTZ a bullish stock today? And if so.., till when should I sell?

**Hertz Global (HTZ) appears to be a bullish stock today**, and the positive momentum could persist in the near term, based on several technical indicators and market sentiment. Here's an analysis to support this view: 1. **Recent Surge Due to Pershing Square Investment**: - Hertz Global Holdings Inc. (HTZ) has seen a significant surge in its stock price, jumping 56.44% to $5.71 on April 16, 2025, following the disclosure of Pershing Square's acquisition of a 4.1% stake in the company. - Pershing Square's investment is viewed as a strong endorsement of Hertz's potential to capitalize on recovering travel markets and implement operational improvements. 2. **Technical Indicators Supporting the Bullish Trend**: - The stock's Moving Average Convergence Divergence (MACD) is positive at 0.26, indicating a bullish momentum. - The Relative Strength Index (RSI) is at 77.17, which is typically considered to be in the overbought territory but also suggests strong buying pressure. - The KDJ indicator is at 75.92, which is also in the overbought range but often signals that the momentum could continue unless other indicators suggest otherwise. - The Bollinger Bands are at 3.89, which could suggest that the stock is currently trading in the upper part of its recent range, potentially with more room to move upwards. |code|Ticker|Name|Date|Boll|RSI|KDJ|MACD|market_code| |---|---|---|---|---|---|---|---|---| |HTZ|HTZ.O|Hertz Global|20250416|3.8930|77.1687|75.9218|0.2555|185| 3. **Fibonacci Retracement Support**: The 0.618 Fibonacci Retracement over the past year is at $5.03, which the stock has already surpassed, suggesting that the current price level may not be a significant barrier to further upward movement. 4. **Market Sentiment and Analyst Views**: - Despite the bullish sentiment, analysts have set a one-year price target averaging $3.31, with estimates ranging from $2.70 to $4.45. This suggests a potential downside from the current price, but it does not necessarily indicate an immediate reversal. - The consensus recommendation is a "Hold" rating, which could imply that the stock's recent rally is not yet considered a clear buy signal by all analysts, but it does not necessarily suggest a bearish outlook. 5. **Strategic Considerations for Selling**: - Given the strong technical indicators and market sentiment, if you are looking for a selling opportunity, it might be prudent to wait for a pullback towards the 20-Day Moving Average, which is at $3.89, or even the 30-Day Moving Average, which is at $4.05, as these could act as support levels. - It's also important to monitor the stock's performance against the 0.618 Fibonacci Retracement level, as a pullback to this area could be a strategic selling point if the overall trend remains bullish. |code|Ticker|Name|Date|Moving Average|market_code| |---|---|---|---|---|---| |HTZ|HTZ.O|Hertz Global|20250416|4.2810|185| In conclusion, while the bullish sentiment is strong, it's important to consider these factors when deciding when to sell. A cautious approach might involve waiting for a pullback to key moving averages or Fibonacci levels before taking profits. Always remember to align your selling decision with your investment strategy, risk tolerance, and the broader market conditions.