Heico Corp. (HEI) is a technology-driven aerospace, industrial, defense and electronics company that is scheduled to report their latest earnings numbers after the close of trading Monday. Let's check out the charts.
In the daily bar chart of HEI, below, we can see that the shares made a big outside day and lower close on Friday amid the broader market decline. This dramatic-looking move could become the start of a bigger decline but the shares are still well above the rising 50-day and bullish 200-day moving average lines.
The daily On-Balance-Volume (OBV) line shows a positive trend the past 12 months. The Moving Average Convergence Divergence (MACD) oscillator has crossed to the downside for a take profit sell signal.