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Technicals for HEG Limited
By MusingTheNews
2025-06-13 20:36
Overall Technical outlook
Price Summary
In today's trading, HEG Limited's stock dived by -2.49%, showcasing an poor market day. On 2025-06-12, HEG Limited's stock opened at 517.95, spiked to 523.95, declined to 501.3, and closed -2.49% down at 505.05, with 594739 shares traded. Over the course of 52 weeks, the stock peaked at 2570.4 and hit a low of 339.9.
Technicals
Support and Resistance: At 505.05, the price is supported by 480.2 and resisted by 510.2. This indicates that the price for HEG Limited might fluctuate between these levels, with 480.2 acting as a support and 510.2 limiting further upward movement. Support/Resistance for HEG
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for HEG Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Bolinger Bands chart for HEG Limited
Parabolic SAR: The PSAR has just reversed from bullish to bearish for HEG Limited, suggesting a possible trend change. If supported by a broader market trend, this could be a very bearish signal. Traders should monitor other indicators for confirmation before taking action based on this reversal. Parabolic Stop and Reverse chart for HEG Limited
Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Stochastic chart for HEG Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum is weakening. This could be an early sign that the market is preparing for a bullish reversal, as the current downward trend begins to lose steam. Investors may soon see a shift towards more positive price action as the trend starts to change. Tripple SMA chart for HEG Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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