HEICO CORP (HEI) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:HEI • US4228061093
Taking everything into account, HEI scores 8 out of 10 in our technical rating. In the last year, HEI was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month HEI has a been trading in the 327.00 - 361.69 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that HEI is one of the better performing stocks in the market, outperforming 82% 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, while the S&P500 Index is trading in the lower part of its yearly range. So HEI is doing quite good in this market.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- HEI is an average performer in the Aerospace & Defense industry, it outperforms 46% of 72 stocks in the same industry.
HEI has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
219.59
We found 3 important support areas.
- A support zone ranging from 325.87 to 329.89. 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 316.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @221.81 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important 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 | UP | POSITIVE | The long term trend for HEI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HEI is down. |
| ChartMill Relative Strength | 82.57 | POSITIVE | HEI has a high relative strength, it outperformed 82.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HEI is below the rising 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) | 45.74 | NEUTRAL | The RSI value for HEI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.98 | NEGATIVE | The MACD value suggests HEI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.99 | OVERSOLD | The low Stochastics value suggests HEI may be oversold. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for HEI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.59 | NEGATIVE | The low ADX value for HEI suggests a weak or negative trend. |
332.26
+1.35 (+0.41%)
HEICO CORP / HEI FAQ
What is the ChartMill technical rating of HEICO CORP (HEI) stock?
ChartMill assigns a technical rating of 8 / 10 to HEI.
Can you provide the trend direction for HEICO CORP?
The current trend direction for HEICO CORP (HEI) is Bullish.
Can you provide the RSI signal for HEICO CORP?
HEICO CORP (HEI) has an RSI value of 45.7438. 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 -2.97789, indicating a bearish trend.
Can you provide the short term momentum for HEICO CORP?
The short term momentum for HEICO CORP (HEI) is negative.