HEICO CORP (HEI) Stock Technical Analysis
NYSE:HEI • US4228061093
We assign a technical rating of 7 out of 10 to HEI. HEI was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- When comparing the yearly performance of all stocks, we notice that HEI is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by HEI over the past year are nicely spread over this period.
- HEI 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 HEI is lagging the market slightly.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- HEI is an average performer in the Aerospace & Defense industry, it outperforms 50% of 73 stocks in the same industry.
- In the last month HEI has a been trading in the 317.11 - 359.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HEI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 330.66, a Stop Loss order could be placed below this zone.
More info and screens
219.59
When analyzing the support we can see 2 important areas.
- A support zone ranging from 303.17 to 330.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @221.81 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 353.57 to 358.05. 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 HEI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HEI is neutral. |
| ChartMill Relative Strength | 85.35 | POSITIVE | HEI has a high relative strength, it outperformed 85.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HEI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HEI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HEI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.92 | NEUTRAL | The RSI value for HEI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.78 | NEGATIVE | The MACD value suggests HEI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.35 | NEUTRAL | The Stochastics value for HEI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for HEI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.58 | NEGATIVE | The low ADX value for HEI suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 337.17 | 317.10 | 20.07 (5.95%) | 16.80% |
| An entry @337.17. This is a Buy Stop order right above the 10 day high. | An exit @317.10. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 20.07 points, which is 5.95%. | When investing 16.80% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
332.52
+4.07 (+1.24%)
HEICO CORP / HEI FAQ
What is the ChartMill technical rating of HEICO CORP (HEI) stock?
ChartMill assigns a technical rating of 7 / 10 to HEI.
Can you provide the trend direction for HEICO CORP?
The current trend direction for HEICO CORP (HEI) is Bearish.
Can you provide the RSI signal for HEICO CORP?
HEICO CORP (HEI) has an RSI value of 50.922. This indicates that the stock is currently neutral.
What is the MACD signal for HEI stock?
The MACD indicator for HEICO CORP (HEI) has a value of -0.781257, indicating a bearish trend.
Can you provide the short term momentum for HEICO CORP?
The short term momentum for HEICO CORP (HEI) is neutral.