Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-23 View latest technical analysis

10 day averaged volume of Heg is 439442

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu May 2024	2247.50	2599.00	2599.00	2190.00	4.539 times
22 Wed May 2024	2687.00	2580.00	2743.00	2558.15	3.134 times
21 Tue May 2024	2568.45	2478.00	2618.00	2443.05	2.132 times
18 Sat May 2024	2485.05	2423.80	2533.35	2405.10	0.514 times
17 Fri May 2024	2412.75	2369.95	2425.00	2366.10	0.647 times
16 Thu May 2024	2369.45	2410.75	2428.95	2358.00	0.657 times
15 Wed May 2024	2394.60	2395.00	2409.90	2363.00	0.293 times
14 Tue May 2024	2387.60	2390.00	2440.00	2376.60	0.662 times
13 Mon May 2024	2389.60	2390.00	2409.00	2315.60	0.561 times
10 Fri May 2024	2385.80	2387.70	2402.30	2314.20	0.709 times

Stock of Heg (HEG) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2215.7, for a target of 2321.3 or 2409.26

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	2190.00
Upside Target	2275.00
Upside Target	2411.20
Upside Target	2448.80
Upside Target	2533.35
Upside Target	2536.15
Upside Target	2556.10
Upside Target	2743.00

Intraday share price targets for Heg (HEG)

Target Type	Value
Downside Intraday Target	2044
Downside Intraday Target	1840.5
Upside Intraday Target	2597
Upside Intraday Target	2946.5
Upside Intraday Target	2393.5

Weekly technical analysis of Heg (HEG)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu May 2024	2247.50	2478.00	2743.00	2190.00	2.941 times
18 Sat May 2024	2485.05	2390.00	2533.35	2315.60	0.805 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

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

Monthly technical analysis of Heg (HEG)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Thu May 2024	2247.50	2370.55	2743.00	2190.00	0.489 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 down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 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 SELL. Signal strength is Weak and stock is losing 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 and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 2441.35 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 positive

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