HAWAIIAN ELECTRIC INDS (HE) Stock Technical Analysis
USA - NYSE:HE - US4198701009 - Common Stock
11.81 USD
-0.37 (-3.04%)
11.84 USD
+0.03 (+0.25%)
Overall HE gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HE is only an average performer.
In the last month HE has a been trading in the 11.72 - 13.41 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
HE is one of the better performing stocks in the Electric Utilities industry, it outperforms 72% of 48 stocks in the same industry.
HE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HE is lagging the market slightly.
HE has an average volume of 1915170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, HE turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
Although HE has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
8.00
13.10
4 important support areas can be observed.
- A support zone ranging from 11.30 to 11.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.91 from a trend line in the daily time frame.
- A support zone ranging from 10.06 to 10.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.08 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @12.72 from a trend line in the weekly time frame.
- A resistance zone ranging from 12.97 to 12.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for HE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HE is neutral. |
| ChartMill Relative Strength | 63.53 | NEUTRAL | HE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.89 | NEUTRAL | The RSI value for HE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests HE has a negative trend. |
| Stochastics (14,3) | 18.49 | OVERSOLD | The low Stochastics value suggests HE may be oversold. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for HE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.42 | NEGATIVE | The low ADX value for HE suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.05 | 11.73 | 0.32 (2.64%) | 25.00% |
| An entry @12.05. This is a Buy Stop order right above the 10 day moving average. | An exit @11.73. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.32 points, which is 2.64%. | For a 0.66% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
11.81
-0.37 (-3.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-3.04%
1 Week-2.4%
2 Weeks-4.06%
1 Month1.46%
3 Month13.78%
6 Month7.85%
12 Month7.66%
2 Year-4.06%
3 Year-65.93%
5 Year-64.47%
10 Year-58.84%
15 Year-47.6%
Volatility
ATR(14)0.3
ATR(20)%2.86%
ATR Inc3.94%
Range Today0.46
ADR(20)0.33
ADR(20)%2.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.53
Mansfield0.1
10 Day High12.34
10 Day Low11.74
20 Day High13.41
20 Day Low11.72
52 Week High13.41
52 Week Low8.14
CS1 End11.55
CR1 Start12.72
Volume & EV
DER(3)-1.37%
DER(5)-0.58%
Volume2.92M
Volume Incr-17.42%
Vol(5)1.80M
Vol(50)1.92M