HAWAIIAN ELECTRIC INDS (HE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HE - US4198701009 - Common Stock
Taking everything into account, HE scores 6 out of 10 in our technical rating. HE has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
HE has an average technical rating and the quality of the presented setup is also 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.
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When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.31 to 11.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.69 to 11.02. 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 @12.18 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for HE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HE is neutral. |
| ChartMill Relative Strength | 71.51 | POSITIVE | HE has a high relative strength, it outperformed 71.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HE is above 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) | 61.06 | NEUTRAL | The RSI value for HE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests HE has a positive trend. |
| Stochastics (14,3) | 47.28 | NEUTRAL | The Stochastics value for HE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for HE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.99 | NEGATIVE | The low ADX value for HE suggests a weak or negative trend. |
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+0.1 (+0.84%)
HAWAIIAN ELECTRIC INDS / HE FAQ
What is the ChartMill technical rating of HAWAIIAN ELECTRIC INDS (HE) stock?
ChartMill assigns a technical rating of 6 / 10 to HE.
What is the trend direction for HE stock?
The current trend direction for HAWAIIAN ELECTRIC INDS (HE) is Bearish.
Can you provide the RSI signal for HAWAIIAN ELECTRIC INDS?
HAWAIIAN ELECTRIC INDS (HE) has an RSI value of 61.0635. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HAWAIIAN ELECTRIC INDS?
The MACD indicator for HAWAIIAN ELECTRIC INDS (HE) has a value of 0.0409361, indicating a bearish trend.