The Relative Strength (RS) Rating for Hawaiian Electric Inds moved up into a higher percentile Wednesday, as it got a lift from 68 to 79.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners typically have an RS Rating north of 80 as they launch their largest price moves. See if Hawaiian Electric Inds can continue to show renewed price strength and clear that threshold.
Hawaiian Electric Inds is trying to complete a consolidation with an 11.99 buy point. See if it can clear the breakout price in volume at least 40% above average.
The company showed -12% earnings growth last quarter, while sales growth came in at -6%.
The company earns the No. 27 rank among its peers in the Utility-Electric Power industry group. Korea Electric Power ADR, Southern and Entergy 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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
