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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 2024-05-31 View latest technical analysis

10 day averaged volume of Heg is 737836

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	2297.65	2248.00	2315.00	2204.40	0.443 times
30 Thu May 2024	2233.45	2278.50	2301.55	2225.00	0.397 times
29 Wed May 2024	2274.05	2245.00	2324.00	2245.00	0.455 times
28 Tue May 2024	2259.25	2266.40	2322.40	2245.30	0.564 times
27 Mon May 2024	2257.90	2280.00	2299.00	2230.60	0.492 times
24 Fri May 2024	2262.85	2250.00	2314.90	2185.00	1.561 times
23 Thu May 2024	2247.50	2599.00	2599.00	2190.00	2.703 times
22 Wed May 2024	2687.00	2580.00	2743.00	2558.15	1.867 times
21 Tue May 2024	2568.45	2478.00	2618.00	2443.05	1.27 times
18 Sat May 2024	2485.05	2423.80	2533.35	2405.10	0.306 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 2263.9 as stoploss in an intra day buy trade for a target of 2374.21. However, stock will show a bearish move below 2263.9.

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	2275.00
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	2226.7
Downside Intraday Target	2155.75
Upside Intraday Target	2346.3
Upside Intraday Target	2394.95
Downside Intraday Target	2275.35

Weekly technical analysis of Heg (HEG)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	2297.65	2280.00	2324.00	2204.40	0.318 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 up 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
31 Fri May 2024	2297.65	2370.55	2743.00	2185.00	0.665 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 2383.22 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.