HAWAIIAN ELECTRIC INDS (HE) Technical Analysis
NYSE:HE • US4198701009
Current stock price
HE Technical Rating and Analysis
Taking everything into account, HE scores 8 out of 10 in our technical rating. In the last year, HE was one of the better performers, but we do observe some doubts in the very recent evolution.
- 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!
- When comparing the yearly performance of all stocks, we notice that HE is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by HE over the past year are nicely spread over this period.
- HE is part of the Electric Utilities industry. There are 47 other stocks in this industry. HE outperforms 93% of them.
- HE has an average volume of 2890770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- HE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HE is lagging the market slightly.
- In the last month HE has a been trading in the 13.82 - 16.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HE Weekly and Daily overview Charts
HE Setup Rating and Analysis
HE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 14.92. Right above this resistance zone may be a good entry point.
More info and screens
HE Support and Resistance Analysis
10.91
5 important support areas can be observed.
- Support @14.28 from a trend line in the daily time frame.
- A support zone ranging from 14.05 to 14.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.30 from a trend line in the weekly time frame.
- A support zone ranging from 11.65 to 11.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.02 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.92 to 15.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @17.51 from a horizontal line in the weekly time frame.
HE Technical Indicator Signal Analysis
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 | 86.32 | POSITIVE | HE has a high relative strength, it outperformed 86.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HE is below 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) | 45.45 | NEUTRAL | The RSI value for HE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HE has a positive trend. |
| Stochastics (14,3) | 71.38 | NEUTRAL | The Stochastics value for HE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.22 | MEDIUM VOLATILITY | The ATR as a percentage value for HE suggests some volalility. |
| Average Directional Index/ADX (14) | 22.69 | NEUTRAL | The ADX value for HE suggests a possible start of a new trend. |
HE Chart- and CandleStick Pattern Analysis
HE Example Setup
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 |
|---|---|---|---|
| 15.41 | 14.27 | 1.14 (7.40%) | 13.52% |
| An entry @15.41. This is a Buy Stop order right above the resistance zone. | An exit @14.27. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.14 points, which is 7.40%. | For a 1.00% total portfolio risk, you can invest 13.52% of your capital in this trade. |
- 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.
HE Technicals: Chart, Performance Metrics, Trend & Indicators
14.67
-0.31 (-2.07%)
HAWAIIAN ELECTRIC INDS / HE TA FAQ
What is the ChartMill technical rating of HAWAIIAN ELECTRIC INDS (HE) stock?
ChartMill assigns a technical rating of 8 / 10 to HE.
Can you provide the trend direction for HAWAIIAN ELECTRIC INDS?
The current trend direction for HAWAIIAN ELECTRIC INDS (HE) is Bullish.
Can you provide the RSI signal for HAWAIIAN ELECTRIC INDS?
HAWAIIAN ELECTRIC INDS (HE) has an RSI value of 45.4532. This indicates that the stock is currently neutral.
What is the short term momentum for HE stock?
The short term momentum for HAWAIIAN ELECTRIC INDS (HE) is neutral.
Can you provide the support and resistance levels for HAWAIIAN ELECTRIC INDS?
HAWAIIAN ELECTRIC INDS (HE) has a support level at 14.28 and a resistance level at 14.92. Check the full technical report for our detailed analysis of HE support and resistance levels.