The Hourly View for HE
Currently, HE (Get Ratings)’s price is up $0.01 (0.02%) from the hour prior. The hourly chart shows that HE has seen 2 straight up hours. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
HE ranks 14th in terms of today’s price percentage change out of Utilities stocks.
HE’s Technical Outlook on the Daily Chart
Currently, HE’s price is up $0.44 (1.07%) from the day prior. The daily chart shows that HE has seen 2 straight up days. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 20 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Hawaiian Electric Industries Inc’s price action over the past 90 days can be seen via the chart below.
HE: Daily RSI Analysis
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