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Herc Holdings' 15-min chart hits RSI overbought and KDJ death cross signals.
ByAinvest
Friday, Oct 3, 2025 11:01 am ET1min read
According to the 15-minute chart of Herc Holdings, the Relative Strength Index (RSI) has reached an overbought level, and the KDJ (Stochastic Oscillator) has formed a death cross at 10:45 on March 10, 2025. This indicates that the stock price has experienced a rapid increase, potentially exceeding its fundamental support level. Furthermore, the momentum of the stock price is shifting towards the downside, suggesting a potential decrease in value.
In a significant move, Baird has upgraded Herc Holdings (HRI) from 'Neutral' to 'Outperform' and raised the price target from $137.00 to $160.00, indicating a 16.79% increase [1]. The upgrade reflects Baird's increased confidence in Herc Holdings' future performance potential. However, technical indicators suggest caution, as the stock price has experienced a rapid increase, potentially exceeding its fundamental support level.According to the 15-minute chart of Herc Holdings, the Relative Strength Index (RSI) has reached an overbought level, signaling that the stock may be overvalued. Additionally, the KDJ (Stochastic Oscillator) formed a death cross at 10:45 on March 10, 2025, indicating a potential shift in momentum towards the downside . This combination of technical signals suggests that investors should approach the stock with a degree of caution, despite the positive analyst upgrade.
Herc Holdings is an equipment rental company that was spun out of Hertz Global in 2016. It is the third-largest player in North America, with an approximate 6% market share pro forma for its 2025 acquisition of H&E Equipment Services. The company serves a similar mix of companies to its peers (industrial, commercial, and residential construction) from its 450 locations targeting the top 100 metropolitan markets in the US [1].
Based on the consensus recommendation from 9 brokerage firms, Herc Holdings Inc's (HRI, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status [1]. The estimated GF Value for Herc Holdings Inc (HRI, Financial) in one year is $213.31, suggesting an upside of 82.85% from the current price of $116.66 [1].
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