Herc Holdings Inc. (NYSE:HRI) Fell By -1.5%, But Why?

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In its most recent trading session, Herc Holdings Inc. (NYSE:HRI) dropped by -1.5% – here is what that looked like (as of 2019-12-04):

What is the cause of all this?? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.031, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.154, an Accumulation/Distribution Index (ADI) of 1.154, an On-Balance Volume (OBV) of 337.372, and a Chaiikin Money Flow (CMF) of 45.71. 1.837

Now let’s plug these indicators in. Consulting Trading View, we can conclude the following:

So there you have it – our analysis of Herc Holdings Inc. (NYSE:HRI). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.