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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 2024-05-27 View latest technical analysis

10 day averaged volume of Heg is 692520

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	2257.90	2280.00	2299.00	2230.60	0.524 times
24 Fri May 2024	2262.85	2250.00	2314.90	2185.00	1.663 times
23 Thu May 2024	2247.50	2599.00	2599.00	2190.00	2.88 times
22 Wed May 2024	2687.00	2580.00	2743.00	2558.15	1.989 times
21 Tue May 2024	2568.45	2478.00	2618.00	2443.05	1.353 times
18 Sat May 2024	2485.05	2423.80	2533.35	2405.10	0.326 times
17 Fri May 2024	2412.75	2369.95	2425.00	2366.10	0.411 times
16 Thu May 2024	2369.45	2410.75	2428.95	2358.00	0.417 times
15 Wed May 2024	2394.60	2395.00	2409.90	2363.00	0.186 times
14 Tue May 2024	2387.60	2390.00	2440.00	2376.60	0.42 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2294, but if it comes above 2294, then a intra day buy could be more profitable.
If you take a sell trade below 2294, then use 2294 as stoploss and 2176.5 as target. However if you take a buy trade in stock , then use 2294 as stoploss and 2391.94 as target.

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	2185.00
Downside Target	2230.60
Upside Target	2447.70
Upside Target	2448.80
Upside Target	2533.35
Upside Target	2556.10
Upside Target	2743.00

Intraday share price targets for Heg (HEG)

Target Type	Value
Downside Intraday Target	2226
Downside Intraday Target	2194.1
Upside Intraday Target	2294.4
Upside Intraday Target	2330.9
Upside Intraday Target	2262.5

Weekly technical analysis of Heg (HEG)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	2257.90	2280.00	2299.00	2230.60	0.066 times
24 Fri May 2024	2262.85	2478.00	2743.00	2185.00	3.727 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

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
27 Mon May 2024	2257.90	2370.55	2743.00	2185.00	0.581 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 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 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 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 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 green color and prices are in or below the green cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term but selling is losing 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 2406.97 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.