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(HEG) Heg complete technical analysis [charts+indicators] | Buy/Sell Heg | (HEG) share price targets

Complete technical analysis of Heg (HEG) by charts plus indicators, forecast predictions and share price targets for Heg (HEG)

Heg trades in NSE in Other Industrial Goods sector.

Showing technical analysis as on 2024-02-29 View latest technical analysis

10 day averaged volume of Heg is 362286

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	1618.75	1624.70	1656.50	1606.95	0.605 times
28 Wed Feb 2024	1620.45	1679.00	1679.00	1612.10	0.531 times
27 Tue Feb 2024	1677.35	1684.90	1699.95	1665.15	0.408 times
26 Mon Feb 2024	1683.70	1734.00	1735.10	1674.00	0.585 times
23 Fri Feb 2024	1733.10	1743.70	1754.80	1717.20	0.826 times
22 Thu Feb 2024	1731.75	1658.00	1750.00	1658.00	3.909 times
21 Wed Feb 2024	1625.70	1667.50	1677.95	1611.00	0.464 times
20 Tue Feb 2024	1661.50	1688.95	1699.00	1650.00	0.425 times
19 Mon Feb 2024	1685.20	1702.30	1714.65	1679.95	0.434 times
16 Fri Feb 2024	1698.95	1710.95	1748.65	1685.55	1.641 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1628.4, but if it comes above 1628.4, then a intra day buy could be more profitable.
If you take a sell trade below 1628.4, then use 1628.4 as stoploss and 1493.8 as target. However if you take a buy trade in stock , then use 1628.4 as stoploss and 1740.56 as target.

Share price targets for Heg (HEG)

Target Type	Value
Downside Target	1461.90
Downside Target	1554.00
Downside Target	1605.00
Upside Target	1686.00
Upside Target	1776.15
Upside Target	1822.00
Upside Target	1868.00
Upside Target	1918.95
Upside Target	1947.00
Upside Target	1965.80
Upside Target	2011.00

Intraday share price targets for Heg (HEG)

Target Type	Value
Downside Intraday Target	1572.1
Downside Intraday Target	1525.45
Upside Intraday Target	1700.25
Upside Intraday Target	1781.75
Upside Intraday Target	1653.6

Weekly technical analysis of Heg (HEG)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	1618.75	1734.00	1735.10	1606.95	0.351 times
23 Fri Feb 2024	1733.10	1702.30	1754.80	1611.00	1.138 times
16 Fri Feb 2024	1698.95	1889.00	1918.95	1605.00	0.376 times
09 Fri Feb 2024	1881.70	1784.05	2011.00	1776.15	6.046 times
02 Fri Feb 2024	1784.05	1732.90	1822.00	1724.05	1.578 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Heg (HEG)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	1618.75	1760.95	2011.00	1605.00	2.136 times
31 Wed Jan 2024	1758.90	1918.70	1947.00	1710.00	0.43 times
29 Fri Dec 2023	1908.35	1649.95	1965.80	1641.65	3.333 times
30 Thu Nov 2023	1638.50	1633.70	1686.00	1554.00	0.541 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Heg (HEG)

Price action analysis of Heg ( (HEG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Heg ( (HEG) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Heg ( (HEG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Heg ( (HEG) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Heg stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Heg in short term and the sell signal is strong.

Heg Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Heg in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Heg is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1698.2 and Heg (HEG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Heg (HEG) stock. Volume based technical analysis of Heg (HEG) stock is negative.

Heg Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.