Hawaiian Electric Industries, I (HE)

Hawaiian Electric Industries, I is trading at $11.04, down 1.60% on the session. The 50 day average sits at $12.77 and the 200 day at $13.74, which puts the stock in a downtrend. RSI is at 29.5, which reads as oversold, and MACD is bullish crossover. Volume is below average.

The nearest support is around $11.29 with resistance near $13.60, so that band frames the current range. Average daily movement is roughly $0.30, or about 2.7% of the share price, which is what any stop placement has to allow for. The overall health score of 41 out of 100 combines a trend score of 3, momentum of 53 and a risk score of 85.

Hawaiian Electric Industries, Inc. together with its subsidiaries, engages in the electric utility business. The company engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu; Hawaii; and Maui, Lanai, and Molokai; and renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. It also invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. In addition, the company serves suburban communities, resorts, the United States Armed Forces installations, and agricultural operations. Hawaiian Electric Industries, Inc. was founded in 1891 and is headquartered in Honolulu, Hawaii.