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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 2024-08-21 View latest technical analysis

10 day averaged volume of Heg is 174096

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	2032.60	2029.75	2042.05	2022.05	0.346 times
20 Tue Aug 2024	2019.70	2037.40	2049.50	2015.00	0.479 times
19 Mon Aug 2024	2023.20	2003.95	2034.95	1990.15	0.566 times
16 Fri Aug 2024	1988.30	2020.00	2021.60	1980.05	0.924 times
14 Wed Aug 2024	2006.75	2045.05	2060.00	1980.00	2.368 times
13 Tue Aug 2024	2169.75	2119.70	2198.00	2118.95	2.089 times
12 Mon Aug 2024	2100.65	2069.70	2124.00	2065.00	0.789 times
09 Fri Aug 2024	2058.80	2075.00	2075.00	2050.50	0.322 times
08 Thu Aug 2024	2048.35	2065.00	2085.50	2042.20	0.433 times
07 Wed Aug 2024	2050.70	2030.95	2069.50	2008.00	0.538 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 2018.4 as stoploss in an intra day buy trade for a target of 2091.27. However, stock will show a bearish move below 2018.4.

Share price targets for Heg (HEG)

Target Type	Value
Downside Target	1839.35
Downside Target	1927.45
Downside Target	1979.05
Upside Target	2049.50
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	1998.67
Downside Intraday Target	1964.73
Upside Intraday Target	2058.02
Upside Intraday Target	2083.43
Downside Intraday Target	2024.08

Weekly technical analysis of Heg (HEG)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	2032.60	2003.95	2049.50	1990.15	0.226 times
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

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
21 Wed Aug 2024	2032.60	2230.00	2263.30	1979.05	0.458 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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 and selling is picking up 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 2061.02 and Heg (HEG) stock is trading below this level. This means that stock is falling with high volumes. 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.