Long Term Trend: Weak
AI Indicator Strength: 55.0%
StockHEG
Current Price₹233.56
Short Term Trend
Strong Downward
Trend: Weak
¼ Long Term Trend Structure
- Price below EMA20, EMA50, EMA200
- Momentum aligned with structure
RSI: Oversold
📊 Momentum (RSI)
- RSI: 27.00
- Extreme exhaustion (Bullish bias)
MACD: Strong Bullish
¼ MACD Observation
- Strong positive MACD crossover
- Trend confirms structural bias
Overall: Mixed
📊 Overall Technical View
- Momentum → Oversold
- Trend → Weak
📊 HEG Stock Strength & Risk Analysis
✅ Positive Factors
- Technical structure remains largely defensive with limited active catalysts.
❌ Risk Factors
- Price trading below major moving averages reflects weak structure.
- Short term momentum remains bearish.
📌 Market Outlook
Weak momentum may continue unless price reclaims resistance zones.
🎯 Technical Indicators: Support & Resistance
🟢 Support Zones
₹214.10
₹211.96
₹209.82
🔴 Resistance Zones
₹753.90
₹761.44
₹768.98
HEG Price Action: Immediate buying interest for HEG has historically emerged around the ₹214.1 mark. If the stock faces selling pressure, this zone acts as the first line of defense. Conversely, the primary hurdle for an upward rally is positioned at ₹753.90. Breaking past this resistance could signal a fresh leg of bullish momentum.
📊 Fibonacci Retracement
| Level | Value |
|---|
| 23.6% | 314.03 |
| 38.2% | 398.09 |
| 50.0% | 466.03 |
| 61.8% | 533.97 |
| 78.6% | 630.69 |
Structural Pullbacks: Looking at the Fibonacci retracement map for HEG, the 38.2% level at ₹398.09 acts as a critical juncture. Price interactions around these zones frequently dictate the stock's short-term trajectory, helping identify where HEG might reverse or accelerate.
📈 Moving Averages
| EMA | Value | SMA | Value |
|---|
| EMA5 | 238.94 | SMA5 | 240.74 |
| EMA9 | 241.73 | SMA9 | 239.80 |
| EMA20 | 281.51 | SMA20 | 236.85 |
| EMA50 | 399.85 | SMA50 | 478.48 |
| EMA100 | 475.79 | SMA100 | 519.18 |
| EMA200 | 512.28 | SMA200 | 543.74 |
📊 AI Scorecard (How Confidence is Calculated)
• RSI Oversold: +2 🔴
🟢
• Price < EMA20 (Short-term Bearish): -1 🔴
🔴
• EMA20 < EMA50 (Medium Downtrend): -1 🔴
🔴
• Price < EMA200 (Long-term Bearish): -1 🔴
🔴
• MACD Strong Bullish: +2 🟢
🟢
• Total Score: 1
🔴
• Confidence Score: 55.00%
🔴
Total Score: 1
Technical Indicator Strength: 55.0%
- Weak alignment in behavior
- AI Confidence Score: 55.0%
👉 Market appears weak-to-sideways with mild downside pressure
📊 MACD Backtested Signals (Historical)
| Date |
Signal |
Close |
T+1 Open |
T+1 High |
T+1 Low |
T+1 Change |
T+5 High |
T+5 Low |
T+5 Change |
Strength |
Confidence |
Strategy |
| 2026-09-28 |
Bullish |
240.00 |
241.75 |
242.00 |
235.25 |
0.10% |
2.69 |
250.30 |
232.00% |
4.29 |
3.33 |
73.95 66.77 Success |
| 2026-08-26 |
Bearish |
713.55 |
714.80 |
720.45 |
708.00 |
0.95% |
0.79 |
753.90 |
702.95% |
1.49 |
5.65 |
70.36 62.14 Success |
| 2026-08-18 |
Bullish |
739.25 |
741.00 |
743.90 |
700.00 |
0.39% |
5.53 |
743.90 |
699.05% |
0.63 |
5.44 |
100.00 67.38 Success |
| 2026-08-12 |
Bearish |
674.35 |
677.00 |
691.60 |
675.35 |
0.24% |
2.16 |
749.00 |
675.35% |
-0.15 |
11.07 |
46.26 51.24 Success |
| 2026-06-17 |
Bullish |
545.60 |
545.60 |
552.90 |
536.15 |
1.34% |
1.73 |
552.90 |
523.40% |
1.34 |
4.07 |
62.36 54.23 Success |
| 2026-04-30 |
Bearish |
596.05 |
596.05 |
596.05 |
596.05 |
0.00% |
0.00 |
621.35 |
578.25% |
2.99 |
4.24 |
49.23 52.94 No Trade |
| 2026-03-27 |
Bullish |
572.30 |
560.00 |
576.00 |
535.20 |
2.86% |
4.43 |
578.20 |
535.20% |
1.03 |
6.48 |
100.00 83.86 Success |
| 2026-03-06 |
Bearish |
535.70 |
526.70 |
528.65 |
506.60 |
3.82% |
0.37 |
544.50 |
491.10% |
8.33 |
1.64 |
88.37 95.00 Success |
| 2026-02-18 |
Bullish |
553.60 |
556.55 |
557.65 |
542.00 |
0.20% |
2.61 |
583.20 |
541.00% |
5.35 |
2.28 |
25.54 49.08 Success |
| 2026-01-12 |
Bearish |
569.60 |
580.00 |
584.65 |
536.00 |
7.59% |
0.80 |
594.80 |
536.00% |
5.90 |
4.42 |
100.00 95.00 Success |
| 2025-12-23 |
Bullish |
539.00 |
541.25 |
564.45 |
541.25 |
4.29% |
0.00 |
672.00 |
541.25% |
24.68 |
-0.42 |
52.11 85.00 Success |
| 2025-12-18 |
Bearish |
520.50 |
523.90 |
531.90 |
521.25 |
0.51% |
1.53 |
571.00 |
521.25% |
-0.14 |
9.70 |
17.48 40.82 Success |
| 2025-12-09 |
Bullish |
536.75 |
535.50 |
548.10 |
535.50 |
2.35% |
0.00 |
558.00 |
529.85% |
3.96 |
1.29 |
90.58 72.29 Success |
| 2025-12-05 |
Bearish |
520.50 |
521.05 |
526.45 |
513.60 |
1.43% |
1.04 |
558.00 |
510.75% |
1.87 |
7.20 |
8.88 44.08 Success |
| 2025-12-03 |
Bullish |
523.70 |
524.00 |
535.55 |
522.00 |
2.20% |
0.38 |
548.10 |
510.75% |
4.66 |
2.47 |
0.53 44.20 Success |
| 2025-12-02 |
Bearish |
520.00 |
522.00 |
526.60 |
518.65 |
0.64% |
0.88 |
538.50 |
510.75% |
1.78 |
3.56 |
8.56 29.81 Success |
| 2025-11-27 |
Bullish |
533.75 |
534.00 |
534.30 |
526.30 |
0.06% |
1.44 |
535.55 |
518.10% |
0.34 |
2.93 |
17.87 21.14 Success |
| 2025-11-10 |
Bearish |
519.30 |
540.00 |
581.70 |
527.00 |
2.41% |
7.72 |
581.70 |
505.75% |
2.61 |
12.02 |
100.00 85.56 Success |
| 2025-10-28 |
Bullish |
534.80 |
538.00 |
585.00 |
536.00 |
8.74% |
0.37 |
606.55 |
536.00% |
13.42 |
-0.22 |
97.02 95.00 Success |
| 2025-10-15 |
Bearish |
511.30 |
513.90 |
526.40 |
512.10 |
0.35% |
2.43 |
527.95 |
504.10% |
1.41 |
3.26 |
46.91 40.76 Success |
Interpreting Historical MACD Data: The table above presents backtested historical performance of MACD crossover signals for HEG. By analyzing past T+1 to T+5 day price movements following a MACD buy or sell signal, traders can gauge the historical reliability and expected volatility of the current signal.