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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 2024-08-06 View latest technical analysis

10 day averaged volume of Heg is 246884

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	1991.40	2109.95	2138.40	1979.05	1.052 times
05 Mon Aug 2024	2056.90	2055.00	2125.00	2050.00	0.553 times
02 Fri Aug 2024	2151.30	2199.90	2217.80	2145.00	0.492 times
01 Thu Aug 2024	2222.50	2230.00	2263.30	2192.05	0.736 times
31 Wed Jul 2024	2224.35	2200.00	2276.00	2195.65	1.191 times
30 Tue Jul 2024	2195.85	2115.95	2313.00	2107.25	4.226 times
29 Mon Jul 2024	2111.75	2120.95	2155.00	2108.20	0.468 times
26 Fri Jul 2024	2113.65	2125.10	2140.20	2100.00	0.236 times
25 Thu Jul 2024	2125.10	2130.00	2166.95	2108.75	0.43 times
24 Wed Jul 2024	2133.70	2020.90	2178.00	2012.05	1.191 times

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 1976.9, for a target of 2052.6 or 2115.78

Share price targets for Heg (HEG)

Target Type	Value
Downside Target	1839.35
Downside Target	1927.45
Downside Target	1979.05
Upside Target	2035.00
Upside Target	2103.75
Upside Target	2263.30
Upside Target	2292.80
Upside Target	2313.00
Upside Target	2313.75
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	1934.17
Downside Intraday Target	1876.93
Upside Intraday Target	2093.52
Upside Intraday Target	2195.63
Upside Intraday Target	2036.28

Weekly technical analysis of Heg (HEG)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	1991.40	2055.00	2138.40	1979.05	0.226 times
02 Fri Aug 2024	2151.30	2120.95	2313.00	2107.25	2.761 times
26 Fri Jul 2024	2113.65	2045.25	2178.00	1980.20	2.032 times
19 Fri Jul 2024	2045.25	2120.00	2140.95	2035.00	0.5 times
12 Fri Jul 2024	2108.05	2264.60	2292.80	2103.75	0.336 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
06 Tue Aug 2024	1991.40	2230.00	2263.30	1979.05	0.143 times
31 Wed Jul 2024	2224.35	2165.00	2313.75	1980.20	1.364 times
28 Fri Jun 2024	2163.35	2344.00	2408.00	1927.45	0.328 times
31 Fri May 2024	2297.65	2370.55	2743.00	2185.00	0.665 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MACD generated a SELL signal for Heg in short term and the sell signal is strong.

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 red color and prices are below the red 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 BUY signal in short term but buying 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 2155.81 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.