Decline depth
-33.2%
From rolling 252-day high of $17.38, 195d ago.
Past the 30% Amber threshold.
Red List
HEHawaiian Electric Industries, I
Utilities · Utilities - Regulated Electric · mid-cap ($2.3B)
-33.2%
from rolling 252-day high of $17.38 set 2026-02-06 · 195d ago
Current
$11.61
Decline depth
-33.2%
Decline σ
9.2σ
TFC
1/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$HE landed on the list 2026-05-12, down 22.3% from its 52-week high that day — now down -33.2%.
That's 11.5 percentage points deeper than the day it joined.
Decline from the 52-week high as it stood on 2026-05-12 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
HE qualifies for the Red List on decline depth.
Time-frame continuity
1/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
9.2σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (1.62% per day).
Past the ≥8σ Red List threshold — an extreme move.
The structural read
What price action says about HE.
HE qualifies for the Red List on decline depth — down -33.2% from its rolling 252-day high. Past 30% with the high set inside the last four months — the recency clause that often precedes further breakdown.
Cross-confirmation: decline sigma also reads 9.2σ over 20 bars.
Earnings on file: 2026-08-07. Tiering is unaffected by earnings dates — listings reflect price structure only.
Questions about HE
What people ask.
Why is HE on Broken Stocks?
HE qualifies for the Red List on decline depth. It is down -33.2% from its rolling 252-day high of $17.38, set on 2026-02-06 — 195d ago.
Is HE a falling knife?
Not by the strict technical definition. HE is down -33.2% from its 52-week high, but that high was set 195d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. HE is still on the Red List for decline depth, but the freshness component of a falling knife is missing.
Is HE a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is HE trading inside its 52-week range?
At $11.61, HE sits 15.3% of the way from its 52-week low ($10.57) to its 52-week high ($17.38). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has HE been declining?
The current 33.2% decline accrued over 195d, which annualizes to roughly -62.1% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does HE compare to its sector?
There are 12 other Utilities tickers on Broken Stocks: 3 Red, 5 Amber, 4 Watch, with 1 showing recovering structural signals. Median sector decline is -35.0% — HE's decline is shallower than the sector median.
Does HE's earnings date affect its tier?
No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-08-07) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.