RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of HE
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Hawaiian Electric Industries Inc stock price ended at $10.99 on Wednesday, after gaining 1.20%.
(Updated on Mar 27, 2024)

Sell candidate since Feb 26, 2024 Loss -10.29% PDF

The Hawaiian Electric Industries Inc stock price gained 1.20% on the last trading day (Wednesday, 27th Mar 2024), rising from $10.86 to $10.99. During the last trading day the stock fluctuated 1.60% from a day low at $10.92 to a day high of $11.09. The price has been going up and down for this period, and there has been a -1.52% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 442 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $22.04 million.

The stock lies in the lower of a falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $10.80 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -24.09% during the next 3 months and, with a 90% probability hold a price between $8.20 and $8.98 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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HE Signals & Forecast

There are mixed signals in the stock today. The Hawaiian Electric Industries Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $11.11 and $12.03. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 1.20%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Hawaiian Electric Industries Inc stock

Hawaiian Electric Industries Inc finds support from accumulated volume at $10.98 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.175 between high and low, or 1.60%. For the last week, the stock has had daily average volatility of 3.33%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (HE) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Hawaiian Electric Industries Inc to open at $11.00, and during the day (based on 14 day Average True Range), to move between $10.59 and $11.39, which gives a possible trading interval of +/-$0.403 (+/-3.66%) up or down from last closing price. If Hawaiian Electric Industries Inc takes out the full calculated possible swing range there will be an estimated 7.33% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $10.98 (0.09%) than the resistance at $12.47 (13.47%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Hawaiian Electric Industries Inc stock A Buy?

Hawaiian Electric Industries Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.995 Sell Candidate Unchanged

Predicted Opening Price for Hawaiian Electric Industries Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$11.00 ( 0.0758%) $10.99

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for HE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 11.17 1.67 %
R2 11.11 1.06 %
R1 11.07 0.684 %
Current price: 10.99
Support S1 10.93 -0.532 %
S2 10.89 -0.91 %
S3 10.82 -1.52 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 13.22 20.29 %
R2 13.11 19.29 %
R1 12.47 13.47 %
Current price 10.99
Support S1 10.98 -0.0910%
S2 10.91 -0.728%
S3 10.86 -1.18%

HE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Aug 03, 2023 Aug 17, 2023 Sep 08, 2023 $0.360 2.87%
2 May 04, 2023 May 18, 2023 Sep 08, 2023 $0.360 2.87%
3 Feb 10, 2023 Feb 22, 2023 Mar 10, 2023 $0.360 0.96%
4 Nov 03, 2022 Nov 21, 2022 Dec 09, 2022 $0.350 0.85%
5 Aug 05, 2022 Aug 17, 2022 Sep 09, 2022 $0.350 0.88%

FAQ

What is the symbol for Hawaiian Electric Industries Inc Stock and on which exchange is it traded?
The symbol for Hawaiian Electric Industries Inc is HE and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Hawaiian Electric Industries Inc Stock?
Hawaiian Electric Industries Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Hawaiian Electric Industries Inc Stock?
Hawaiian Electric Industries Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Hawaiian Electric Industries Inc Stock.

What's the current price of Hawaiian Electric Industries Inc Stock?
As of the end of day on the 2024-03-27, the price of an Hawaiian Electric Industries Inc (HE) share was $10.99.

What is the 52-week high and low for Hawaiian Electric Industries Inc Stock?
The 52-week high for Hawaiian Electric Industries Inc Stock is $40.15 and the 52-week low is $9.06.

What is the market capitalization of Hawaiian Electric Industries Inc Stock?
As of the 2024-03-27, the market capitalization of Hawaiian Electric Industries Inc is 1.211B.

When is the next earnings date for Hawaiian Electric Industries Inc?
The upcoming earnings date for Hawaiian Electric Industries Inc is May 14, 2024.
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About Hawaiian Electric Industries Inc

Hawaiian Electric Industries Hawaiian Electric Industries, Inc. (HEI) is the largest supplier of electricity in the U.S. state of Hawaii, supplying power to 95% of Hawaii's population through its electric utilities: Hawaiian Electric Company serving Oahu, Hawai'i Electric Light Company serving The Big Island, and Maui Electric Company serving Maui, Lanai, and Molokai. In addition, HEI owns a financial institution serving Hawaii, American Savings Bank, and a clean energy and ... HE Profile

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