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Technicals for HEG Limited
By MusingTheNews
2026-02-02 20:36
Overall Technical outlook
Price Summary
On 2026-02-02, HEG Limited's stock opened at 525.0, peaked at 529.7, hit a low of 506.0, and closed 0.37% up at 526.95, with 572937 shares changing hands. The stock's peak price over the last 52 weeks is 637.5, with the lowest being 339.9.
Technicals
Support and Resistance: The current price of 526.95 is supported at 505.55, with resistance at 535.35. This suggests that the price for HEG might remain between these levels, where 505.55 acts as a floor and 535.35 as a ceiling in the market. Support/Resistance for HEG
Aroon: The persistent bearish trend in Aroon, with Aroon Down still at the 100 level, suggests continued weakness. To gain a complete understanding of this trend, it should be explored further in conjunction with other technical indicators. 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 continues to signal a bearish outlook, establishing a resistance level that could act as a ceiling for upward trends. This resistance suggests that the market may struggle to overcome bearish forces, keeping prices under pressure. Parabolic Stop and Reverse chart for HEG Limited
Stochastic: The STOCHASTIC is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Stochastic chart for HEG Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Tripple SMA chart for HEG Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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