Hawaiian Electric Industries: The Trend Continues Higher (HE)
SmarTrend identified an Uptrend for Hawaiian Electric Industries (NYSE: HE) on February 22, 2010 at $20.70. In approximately 3 weeks, Hawaiian Electric Industries has returned 8.2% as of today's recent price of $22.39.
Hawaiian Electric Industries is currently above its 50-day moving average of $20.60 and above its 200-day moving average of $19.04. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Hawaiian Electric Industries shares.
Write to Chip Brian at cbrian@tradethetrend.com
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