Hawaiian Electric Industries Inc

Momentum remains bearish with price below key moving averages, trading near critical support at $10.38. Recent bounce attempts stalled at the 9-day EMA, and no reversal pattern is confirmed. Extreme oversold conditions exist, but timing is uncertain. Patient accumulation on structure improvement is advised.

• ↑Earnings yield ~1.20 and book-to-price 1.37 indicate attractive valuation
• ↑Regulatory OK for $350M Wildfire Mitigation Plan enhances reliability
• ↓Utility income fell to $32.6M from $42.5M, reflecting weaker profitability