I rented a Hyundai Elantra. Yes, the wheel will move under your hand. Yes, it has hand detection, which is probably trivial to spoof. When I used it, winter had just ended and lines on the road weren't always clear, so it would occasionally disable itself. Trying to change lanes without signals isn't terrible, but certainly won't happen by accident.
I would by no means rely on this, or recommend relying on it, just like I wouldn't recommend relying on blind spot detection, but they can be handy aids to improve your overall driving, and can help catch your mistakes.