Helen of Troy Ltd (HELE) Technical Analysis

Helen of Troy Ltd (HELE) is a company that engages in the manufacture and marketing of consumer products. In this technical analysis of HELE, we will examine various indicators to gain insights into the stock's performance. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. It ranges from 0 to 100, with readings above 70 indicating overbought conditions and readings below 30 indicating oversold conditions. By analyzing HELE's RSI, we can determine whether the stock is overbought or oversold.

Another important indicator is the Average Directional Index (ADX), which measures the strength of a stock's trend. A high ADX reading suggests a strong trend, while a low reading indicates a weak trend. By looking at HELE's ADX, we can assess the stock's trend strength and make informed investment decisions. Moving Average Convergence Divergence (MACD) is another commonly used indicator in technical analysis. It consists of two lines, the MACD line and the signal line. When the MACD line crosses above the signal line, it is considered a bullish signal, while a cross below is considered bearish.