HECO in upward trend: price may ascend as a result of having broken its lower Bollinger Band on September 01, 2026
HECO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 10 of 10 cases where HECO's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 90%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for HECO just turned positive on September 04, 2026. Looking at past instances where HECO's MACD turned positive, the stock continued to rise in 16 of 20 cases over the following month. The odds of a continued upward trend are 80%.
HECO moved above its 50-day moving average on September 11, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +3.84% 3-day Advance, the price is estimated to grow further. Considering data from situations where HECO advanced for three days, in 55 of 62 cases, the price rose further within the following month. The odds of a continued upward trend are 89%.
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 17 of 24 cases where HECO's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 71%.
The Momentum Indicator moved below the 0 level on September 11, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on HECO as a result. In 23 of 33 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 70%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where HECO declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 76%.