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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 2024-06-21 View latest technical analysis

10 day averaged volume of Heg is 191244

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	2309.60	2326.00	2375.00	2291.60	0.92 times
20 Thu Jun 2024	2320.20	2325.00	2408.00	2288.05	2.766 times
19 Wed Jun 2024	2305.70	2190.85	2316.00	2179.25	2.641 times
18 Tue Jun 2024	2190.85	2210.95	2215.95	2184.00	0.399 times
14 Fri Jun 2024	2198.25	2218.00	2236.55	2190.00	0.591 times
13 Thu Jun 2024	2214.05	2239.60	2248.40	2204.40	0.39 times
12 Wed Jun 2024	2228.90	2230.00	2256.10	2223.90	0.357 times
11 Tue Jun 2024	2220.90	2190.00	2255.00	2176.10	0.897 times
10 Mon Jun 2024	2191.65	2190.00	2214.00	2170.55	0.541 times
07 Fri Jun 2024	2180.40	2140.00	2191.50	2131.20	0.522 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2301.9, but if it comes below 2301.9, then a intra day sell could be more profitable.
If you take a sell trade below 2301.9, then use 2301.9 as stoploss and 2220.73 as target. However if you take a buy trade in stock , then use 2301.9 as stoploss and 2399.2 as target.

Share price targets for Heg (HEG)

Target Type	Value
Downside Target	1605.00
Downside Target	1839.35
Downside Target	1927.45
Downside Target	2011.00
Downside Target	2170.55
Downside Target	2256.10
Upside Target	2324.00
Upside Target	2350.00
Upside Target	2408.00
Upside Target	2556.10
Upside Target	2743.00

Intraday share price targets for Heg (HEG)

Target Type	Value
Downside Intraday Target	2189.9
Downside Intraday Target	2070.2
Upside Intraday Target	2418.65
Upside Intraday Target	2527.7
Downside Intraday Target	2298.95

Weekly technical analysis of Heg (HEG)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	2309.60	2210.95	2408.00	2179.25	2.422 times
14 Fri Jun 2024	2198.25	2190.00	2256.10	2170.55	0.427 times
07 Fri Jun 2024	2180.40	2344.00	2350.00	1927.45	0.717 times
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

Price has moved up 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
21 Fri Jun 2024	2309.60	2344.00	2408.00	1927.45	0.28 times
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

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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Heg in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Heg Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 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 2272.58 and Heg (HEG) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.

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