HEICO CORP (HEI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HEI - US4228061093 - Common Stock
We assign a technical rating of 4 out of 10 to HEI. Although HEI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
HEI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 325.73. Right above this resistance zone may be a good entry point.
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219.59
When analyzing the support we can see 4 important areas.
- A support zone ranging from 310.15 to 315.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 303.17 to 304.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @255.38 from a trend line in the weekly time frame.
- Support @221.81 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 325.73 to 328.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 337.56 to 337.57. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | 71.27 | POSITIVE | HEI has a high relative strength, it outperformed 71.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HEI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HEI is below a declining 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) | 51.54 | NEUTRAL | The RSI value for HEI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests HEI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.26 | NEUTRAL | The Stochastics value for HEI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for HEI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.77 | NEGATIVE | The low ADX value for HEI suggests a weak or negative trend. |
315.26
+0.68 (+0.22%)
HEICO CORP / HEI FAQ
Can you provide the ChartMill technical rating for HEICO CORP?
ChartMill assigns a technical rating of 4 / 10 to HEI.
What is the trend direction for HEI stock?
The current trend direction for HEICO CORP (HEI) is Bearish.
What is the RSI signal for HEI stock?
HEICO CORP (HEI) has an RSI value of 51.5376. This indicates that the stock is currently neutral.
What is the short term momentum for HEICO CORP (HEI) stock?
The short term momentum for HEICO CORP (HEI) is neutral.
Can you provide the support and resistance levels for HEICO CORP?
HEICO CORP (HEI) has a support level at 315.26 and a resistance level at 325.73. Check the full technical report for our detailed analysis of HEI support and resistance levels.