
Technical analysis of Localiza Rent a Car S.A. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Localiza Rent a Car S.A. is a Brazilian company founded in 1973 that operates in the car rental sector, providing fleet management services, used car sales, tracking and telemetry solutions, and automotive-related services to both individual and corporate customers. The company also operates Zarp, an app-based vehicle rental platform, and offers additional services including claims management, franchising, and travel agency services.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 16, 2026, computed on the last 12 months of prices.
21 sessions
43.68
+13.77%
50 sessions
38.46
+29.20%
200 sessions
42.09
+18.06%
s2
47.13
Support
s1
48.52
Support
pivot
49.80
Pivot
r1
51.19
Resistance
r2
52.47
Resistance
In the October 16, 2026 session Localiza Rent a Car S.A. closed lower at 49.69 , −0.46% versus the previous session.
The price sits above every moving average observed: +13.77% against the 21-session average, +29.20% against the 50 and +18.06% against the 200.
The 14-period RSI reads 68.4, in neutral territory.
MACD stands at 3.987 against a signal line at 3.488: the histogram is positive (+0.499).
ADX reads 44.5, indicating a marked directionality.
Levels computed on the latest session place supports at 48.52 and 47.13 and resistances at 51.19 and 52.47 , around a pivot of 49.80.
The average daily range (ATR) is 2.373 , or 4.77% of price.
Turnover was 8.5M shares, 48% of the 20-session average.
Over the last twelve months the price ranged between 31.28 and 54.87 , and today stands −9.44% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
Score, Elliott Waves, moving averages and technical indicators — free, no card
If you're not registered we'll ask you to sign in (free), then open the RENT3.SA analysis.
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Localiza Rent a Car S.A. analysed technically?
Technical analysis of Localiza Rent a Car S.A. is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Localiza Rent a Car S.A.?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Localiza Rent a Car S.A.?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Localiza Rent a Car S.A. it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
Are you an issuer and want a correction or removal? Write to info@montbon.com.