Hawaiian Electric Industries, Inc.
Here’s whether Hawaiian Electric Industries, Inc. (HE) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.
Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-2.50% over 10 days); RSI 24 — oversold; 3-month momentum negative (-15.9%); rising volume on a downtrend (distribution, 1.30x avg). Currently 33.8% off its 52-week high. Score: -6/7.
HE is trading below its 200-day MA ($13.74) — a key warning sign the longer-term trend is under pressure. An RSI of 23.7 has dropped into oversold territory, which has historically preceded short-term bounces. The 1-year return of -1.2% compares to +20.5% for SPY (trailed the market by 21.7%). The current 33.8% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.