Overall Technical outlook

Price Summary

In today's trading session, HEG's shares rose by 4.39%, marking a fantastic day.
On 2025-05-29, HEG's stock started at 492.7, reached a high of 525.8, fell to 488.6, and ended 4.39% higher at 514.35, with 4488501 shares traded.
For the 52-week period, the stock's highest price is 2570.4, and the lowest price is 339.9.

Technicals

Support and Resistance: The price of 514.35 is supported at 510.2 and faces resistance at 546.95. This range suggests key levels for HEG where the price may stabilize, with 510.2 acting as a support and 546.95 as a cap on gains.
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Support/Resistance for HEG


Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
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Aroon chart for HEG Limited


Bol. Bands: The current reading of the BOLL BANDS is neutral for HEG, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
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Bolinger Bands chart for HEG Limited


Parabolic SAR: The PSAR remains bullish, setting a strong support level that could underpin further upward movement. This persistent bullish outlook suggests that the market may continue its positive trajectory, with the established support acting as a safety net.
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Parabolic Stop and Reverse chart for HEG Limited


Stochastic: The current reading of the STOCHASTIC is neutral for HEG, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
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Stochastic chart for HEG Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 period moving averages reflects a bearish trend, signaling a downtrend. Despite this, the slower SMAs seem to be losing steam, hinting at a possible change. This weakening in the bearish trend may suggest that the market is preparing for a bullish pivot, with a potential reversal in direction occurring soon.
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Tripple SMA chart for HEG Limited


Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.