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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 2024-08-16 View latest technical analysis

10 day averaged volume of Heg is 183770

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	1988.30	2020.00	2021.60	1980.05	0.875 times
14 Wed Aug 2024	2006.75	2045.05	2060.00	1980.00	2.243 times
13 Tue Aug 2024	2169.75	2119.70	2198.00	2118.95	1.98 times
12 Mon Aug 2024	2100.65	2069.70	2124.00	2065.00	0.748 times
09 Fri Aug 2024	2058.80	2075.00	2075.00	2050.50	0.305 times
08 Thu Aug 2024	2048.35	2065.00	2085.50	2042.20	0.41 times
07 Wed Aug 2024	2050.70	2030.95	2069.50	2008.00	0.509 times
06 Tue Aug 2024	1991.40	2109.95	2138.40	1979.05	1.414 times
05 Mon Aug 2024	2056.90	2055.00	2125.00	2050.00	0.742 times
02 Fri Aug 2024	2151.30	2199.90	2217.80	2145.00	0.661 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2021.2, but if it comes above 2021.2, then a intra day buy could be more profitable.
If you take a sell trade below 2021.2, then use 2021.2 as stoploss and 1935 as target. However if you take a buy trade in stock , then use 2021.2 as stoploss and 2092.94 as target.

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	2107.25
Upside Target	2198.00
Upside Target	2263.30
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	1912.87
Downside Intraday Target	1837.43
Upside Intraday Target	2130.87
Upside Intraday Target	2273.43
Upside Intraday Target	2055.43

Weekly technical analysis of Heg (HEG)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	1988.30	2069.70	2198.00	1980.00	1.729 times
09 Fri Aug 2024	2058.80	2055.00	2138.40	1979.05	0.354 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

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
16 Fri Aug 2024	1988.30	2230.00	2263.30	1979.05	0.409 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 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 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 Weak and stock is losing 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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Heg is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2061.68 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.