Hawaiian Electric Inds saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, rising from 68 to 71.
How To Invest In Stocks In Both Bull And Bear Markets
IBD's unique RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks compares to the rest of the market.
Over 100 years of market history reveals that the top-performing stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Hawaiian Electric Inds can continue to show renewed price strength and clear that threshold.
Hawaiian Electric Inds is not currently near a potential buy zone. See if the stock goes on to build a sound pattern that could launch a new move.
Hawaiian Electric Inds posted negative growth for both sales and earnings last quarter.
Hawaiian Electric Inds earns the No. 22 rank among its peers in the Utility-Electric Power industry group. Korea Electric Power ADR, Entergy and American Elec Power are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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