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Technicals for HEG Limited
By MusingTheNews
2025-08-15 20:36
Overall Technical outlook
Price Summary
HEG Limited's stock started the year at 505.0, climbed to a high of 507.25, fell to 495.1, and closed -0.14% lower at 504.3, with 554749 shares traded on 2025-08-14. The stock's highest value over the last 52 weeks is 2570.4, and the lowest value is 339.9.
Technicals
Support and Resistance: The current price sits at 504.3, supported at 499.25 and capped by resistance at 528.7. These levels define a range for HEG where the price might stabilize, with 499.25 as a floor and 528.7 as a ceiling. Support/Resistance for HEG
Aroon: Aroon's bearish trend continues, with Aroon Down holding steady at the 100 level. This suggests ongoing weakness, but further exploration with other indicators is needed to fully assess the trend's implications. Aroon chart for HEG Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for HEG Limited
Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher. Parabolic Stop and Reverse chart for HEG Limited
Stochastic: The stochastic indicator for HEG shows the K-line rising above the D-line while remaining below 20, typically signaling the start of a bullish move. This setup suggests that the market may be transitioning from a low point, potentially leading to upward momentum. Investors could see this as a promising entry point for a rally. Stochastic chart for HEG Limited
Tripple Moving Agerage: The moving averages for the 20, 50, and 100 periods are aligned in a bearish trend for HEG, with their slopes further reinforcing the downward momentum. This alignment suggests that the overall market is experiencing sustained bearish pressure. The consistent downward slopes indicate that the bearish trend is likely to continue, signaling a strong and ongoing downward trajectory in the market. Tripple SMA chart for HEG Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
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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