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 HEI
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Heico Corporation stock price down 0.0954% on Monday
(Updated on Feb 26, 2024)


Buy or Hold candidate since Jan 23, 2024 Gain 11.10% PDF
The Heico Corporation stock price fell by -0.0954% on the last day (Monday, 26th Feb 2024) from $199.17 to $198.98. During the last trading day the stock fluctuated 1.33% from a day low at $198.01 to a day high of $200.64. The price has been going up and down for this period, and there has been a 5.81% gain for the last 2 weeks. Volume has increased on the last day by 231 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 611 thousand shares were bought and sold for approximately $121.64 million.

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The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $199.98 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 10.03% during the next 3 months and, with a 90% probability hold a price between $197.20 and $220.03 at the end of this 3-month period.

HEI Signals & Forecast

The Heico Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $196.11 and $183.62. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, February 22, 2024, and so far it has fallen -0.201%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

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Support, Risk & Stop-loss for Heico Corporation stock

On the downside, the stock finds support just below today's level from accumulated volume at $183.85 and $183.63. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Heico Corporation finds support just below today's level at $183.85. If this is broken, then the next support from accumulated volume will be at $183.63 and $173.96.

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 $2.63 between high and low, or 1.33%. For the last week, the stock has had daily average volatility of 1.31%.

The Heico Corporation stock is overbought on RSI14 and the RSI has been falling for the last couple of days. This together with the fact that the stock is in the upper part of the trend poses a possible good selling opportunity for the short-term trader. However, one should note that some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $193.98 (-2.51%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 78 and this increases the risk substantially. There is a sell signal from a pivot top found 2 days ago.)

Trading Expectations (HEI) For The Upcoming Trading Day Of Tuesday 27th

For the upcoming trading day on Tuesday, 27th we expect Heico Corporation to open at $199.21, and during the day (based on 14 day Average True Range), to move between $195.88 and $202.08, which gives a possible trading interval of +/-$3.10 (+/-1.56%) up or down from last closing price. If Heico Corporation takes out the full calculated possible swing range there will be an estimated 3.12% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $199.17 (0.10%) than the support at $183.85 (7.60%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Heico Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Heico Corporation stock to perform well in the short-term.

Current score: 1.763 Open Broker Account

Buy Candidate Unchanged

Predicted Opening Price for Heico Corporation of Tuesday, February 27, 2024

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

Fair opening price February 27, 2024 Current price
$199.21 ( 0.116%) $198.98

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Fibonacci Support & Resistance Levels

Level Price
Resistance R3 201.84 1.44 %
R2 200.84 0.93 %
R1 200.21 0.620 %
Current price: 198.98
Support S1 198.21 -0.389 %
S2 197.58 -0.701 %
S3 196.58 -1.21 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 199.38 0.201 %
R1 199.17 0.0955 %
Current price 198.98
Support S1 183.85 -7.60%
S2 183.63 -7.71%
S3 173.96 -12.57%
What is the symbol for Heico Corporation Stock and on which exchange is it traded?
The symbol for Heico Corporation is HEI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Heico Corporation Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Heico Corporation stock to perform well in the short-term.

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

What's the current price of Heico Corporation Stock?
As of the end of day on the 2024-02-26, the price of an Heico Corporation (HEI) share was $198.98.

What is the 52-week high and low for Heico Corporation Stock?
The 52-week high for Heico Corporation Stock is $200.64 and the 52-week low is $153.63.

What is the market capitalization of Heico Corporation Stock?
As of the 2024-02-26, the market capitalization of Heico Corporation is 10.899B.

When is the next earnings date for Heico Corporation?
The upcoming earnings date for Heico Corporation is Feb 26, 2024.

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About Heico Corporation

Heico HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. The company's Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components. This segment also distributes hydraulic, pneumatic, stru... HEI Profile

HEI Dividend Data

0.114%

Dividend Yield (TTM)
Payout Ratio (TTM) 0
Frequency Biannually
Amount Per Share $0.100
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