Hertz Global Holdings, Inc. (NASDAQ: HTZ)
Technical Outlook: Potential Reversal Following Structural Breakout
Date: 5 November 2025
Summary
Hertz Global Holdings (HTZ) has exhibited signs of a potential medium-term trend reversal following a prolonged downtrend since mid-2023. Multiple bullish technical signals — including a breakout from key continuation patterns, RSI divergence, and sustained support retests — point toward a possible shift in market sentiment.
Price Action and Technical Developments
1. Downtrend continuation: Since July 2023, HTZ has been in a persistent downtrend, reinforced by a breakdown below major horizontal support.
2. Symmetrical triangle breakdown (Feb 2024): The stock failed to hold within a consolidation structure, confirming bearish momentum at that stage.
3. Bullish divergence (Sept 2024): Despite registering new price lows, the RSI formed higher highs, suggesting weakening downside momentum and potential for reversal.
4. Falling wedge breakout (Nov 2024): Price action reversed from a classic bullish pattern, followed by a strong rally through the end of November.
5. Symmetrical triangle breakout (Apr 2025): HTZ broke out of consolidation on elevated volume, coinciding with a break above the long-term descending trendline — a key technical inflection point.
6. Current setup (Nov 2025): The share price is consolidating within a falling channel. On 4 November 2025, it rebounded from a confluence of supports — including the uptrend line from September 2024 and prior resistance turned support — reinforcing near-term bullish bias.
Trading Idea
Entry Zone: 4.71 - 5.50
Target: 10.50 and 15.00
Support: 4.71
Conclusion
After a long downtrend, HTZ is showing a clear shift in momentum. With multiple bullish patterns confirmed and strong support holding, the stock may be entering a new uptrend phase toward USD 10.50 and USD 15.00.
Technical Outlook: Potential Reversal Following Structural Breakout
Date: 5 November 2025
Summary
Hertz Global Holdings (HTZ) has exhibited signs of a potential medium-term trend reversal following a prolonged downtrend since mid-2023. Multiple bullish technical signals — including a breakout from key continuation patterns, RSI divergence, and sustained support retests — point toward a possible shift in market sentiment.
Price Action and Technical Developments
1. Downtrend continuation: Since July 2023, HTZ has been in a persistent downtrend, reinforced by a breakdown below major horizontal support.
2. Symmetrical triangle breakdown (Feb 2024): The stock failed to hold within a consolidation structure, confirming bearish momentum at that stage.
3. Bullish divergence (Sept 2024): Despite registering new price lows, the RSI formed higher highs, suggesting weakening downside momentum and potential for reversal.
4. Falling wedge breakout (Nov 2024): Price action reversed from a classic bullish pattern, followed by a strong rally through the end of November.
5. Symmetrical triangle breakout (Apr 2025): HTZ broke out of consolidation on elevated volume, coinciding with a break above the long-term descending trendline — a key technical inflection point.
6. Current setup (Nov 2025): The share price is consolidating within a falling channel. On 4 November 2025, it rebounded from a confluence of supports — including the uptrend line from September 2024 and prior resistance turned support — reinforcing near-term bullish bias.
Trading Idea
Entry Zone: 4.71 - 5.50
Target: 10.50 and 15.00
Support: 4.71
Conclusion
After a long downtrend, HTZ is showing a clear shift in momentum. With multiple bullish patterns confirmed and strong support holding, the stock may be entering a new uptrend phase toward USD 10.50 and USD 15.00.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.