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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 2024-05-16 View latest technical analysis

10 day averaged volume of Heg is 292154

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	2369.45	2410.75	2428.95	2358.00	0.988 times
15 Wed May 2024	2394.60	2395.00	2409.90	2363.00	0.44 times
14 Tue May 2024	2387.60	2390.00	2440.00	2376.60	0.995 times
13 Mon May 2024	2389.60	2390.00	2409.00	2315.60	0.843 times
10 Fri May 2024	2385.80	2387.70	2402.30	2314.20	1.067 times
09 Thu May 2024	2377.70	2409.00	2433.40	2360.75	1.04 times
08 Wed May 2024	2402.50	2378.00	2448.15	2356.50	0.915 times
07 Tue May 2024	2378.75	2418.70	2442.65	2358.30	1.213 times
06 Mon May 2024	2412.20	2335.20	2448.80	2320.00	1.991 times
03 Fri May 2024	2327.95	2353.00	2365.00	2275.00	0.924 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2361.1 as stoploss in an intra day buy trade for a target of 2405.89. However, stock will show a bearish move below 2361.1.

Share price targets for Heg (HEG)

Target Type	Value
Downside Target	1605.00
Downside Target	1710.00
Downside Target	1839.35
Downside Target	1947.00
Downside Target	2011.00
Downside Target	2264.00
Upside Target	2411.20
Upside Target	2447.70
Upside Target	2448.80
Upside Target	2536.15
Upside Target	2556.10

Intraday share price targets for Heg (HEG)

Target Type	Value
Downside Intraday Target	2310.03
Downside Intraday Target	2250.62
Upside Intraday Target	2434.43
Upside Intraday Target	2499.42
Upside Intraday Target	2375.02

Weekly technical analysis of Heg (HEG)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	2369.45	2390.00	2440.00	2315.60	0.525 times
10 Fri May 2024	2385.80	2335.20	2448.80	2314.20	2.21 times
03 Fri May 2024	2327.95	2439.35	2447.70	2275.00	0.43 times
26 Fri Apr 2024	2423.95	2477.70	2536.15	2411.20	0.417 times
19 Fri Apr 2024	2459.80	2352.00	2556.10	2264.00	0.879 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
16 Thu May 2024	2369.45	2370.55	2448.80	2275.00	0.195 times
30 Tue Apr 2024	2361.90	1848.35	2556.10	1839.35	1.376 times
28 Thu Mar 2024	1844.05	1626.70	2037.85	1626.50	1.145 times
29 Thu Feb 2024	1618.75	1760.95	2011.00	1605.00	2.136 times

Scroll below to view daily charts

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

Indicators analysis of Heg (HEG)

Price action analysis of Heg ( (HEG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Heg ( (HEG) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

MACD generated a SELL signal for Heg in short term but the sell signal is initial and weak.

Heg Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Heg in short term but SELL signal is weak.

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 2384.85 and Heg (HEG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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

Heg Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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