H&E EQUIPMENT SERVICES INC (HEES) Technical Analysis
NASDAQ:HEES • US4040301081
Current stock price
HEES Technical Rating and Analysis
Overall HEES gets a technical rating of 8 out of 10. Both in the recent history as in the last year, HEES has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that HEES is one of the better performing stocks in the market, outperforming 94% of all stocks.
- HEES is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 95% of 46 stocks in the same industry.
- HEES 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 HEES is lagging the market slightly.
- HEES is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
HEES Weekly and Daily overview Charts
HEES Setup Rating and Analysis
Besides having an excellent technical rating, HEES also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
HEES Support and Resistance Analysis
42.26
3 important support areas can be observed.
- A support zone ranging from 89.30 to 89.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @86.80 from a horizontal line in the daily time frame.
- Support @42.69 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 95.30 to 95.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @98.14 from a horizontal line in the weekly time frame.
HEES 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 HEES is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HEES is up. |
| ChartMill Relative Strength | 94.42 | POSITIVE | HEES has a high relative strength, it outperformed 94.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HEES is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HEES is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HEES is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.5 | NEUTRAL | The RSI value for HEES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests HEES has a negative trend. |
| Stochastics (14,3) | 64.51 | NEUTRAL | The Stochastics value for HEES is a neutral value. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for HEES suggests low volalility. |
| Average Directional Index/ADX (14) | 22.69 | NEUTRAL | The ADX value for HEES suggests a possible start of a new trend. |
HEES Chart- and CandleStick Pattern Analysis
HEES Technicals: Chart, Performance Metrics, Trend & Indicators
94.64
-0.6 (-0.63%)
H&E EQUIPMENT SERVICES INC / HEES TA FAQ
Can you provide the ChartMill technical rating for H&E EQUIPMENT SERVICES INC?
ChartMill assigns a technical rating of 8 / 10 to HEES.
What is the trend direction for HEES stock?
The current trend direction for H&E EQUIPMENT SERVICES INC (HEES) is Bullish.
Can you provide the RSI signal for H&E EQUIPMENT SERVICES INC?
H&E EQUIPMENT SERVICES INC (HEES) has an RSI value of 55.4991. This indicates that the stock is currently neutral.
What is the MACD signal for H&E EQUIPMENT SERVICES INC (HEES) stock?
The MACD indicator for H&E EQUIPMENT SERVICES INC (HEES) has a value of -0.00503101, indicating a bearish trend.
What is the support and resistance level for HEES stock?
H&E EQUIPMENT SERVICES INC (HEES) has a support level at 89.72 and a resistance level at 95.3. Check the full technical report for our detailed analysis of HEES support and resistance levels.