Long Term Trend: Weak
AI Indicator Strength: 35.0%
StockHEG
Current Price₹531.85
Short Term Trend
Strong Downward
Trend: Weak
¼ Long Term Trend Structure
- Price below EMA20, EMA50, EMA200
- Momentum aligned with structure
RSI: Neutral-Bullish
📊 Momentum (RSI)
- RSI: 39.11
- Mild positive bias
MACD: Weak Bearish
¼ MACD Observation
- Weak negative MACD crossover
- Trend confirms structural bias
Overall: Mixed
📊 Overall Technical View
- Momentum → Neutral-Bullish
- 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
₹505.00
₹499.95
₹494.90
🔴 Resistance Zones
₹637.50
₹643.88
₹650.25
HEG Price Action: Immediate buying interest for HEG has historically emerged around the ₹505.0 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 ₹637.50. Breaking past this resistance could signal a fresh leg of bullish momentum.
📊 Fibonacci Retracement
| Level | Value |
|---|
| 23.6% | 298.95 |
| 38.2% | 373.68 |
| 50.0% | 434.08 |
| 61.8% | 494.48 |
| 78.6% | 580.47 |
Structural Pullbacks: Looking at the Fibonacci retracement map for HEG, the 38.2% level at ₹373.68 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 | 536.18 | SMA5 | 540.06 |
| EMA9 | 537.27 | SMA9 | 531.63 |
| EMA20 | 548.42 | SMA20 | 547.82 |
| EMA50 | 564.23 | SMA50 | 587.58 |
| EMA100 | 563.18 | SMA100 | 562.58 |
| EMA200 | 547.80 | SMA200 | 549.24 |
📊 AI Scorecard (How Confidence is Calculated)
• RSI Neutral-Bullish: +1 🟢
🟢
• Price < EMA20 (Short-term Bearish): -1 🔴
🔴
• EMA20 < EMA50 (Medium Downtrend): -1 🔴
🔴
• Price < EMA200 (Long-term Bearish): -1 🔴
🔴
• MACD Weak Bearish: -1 🔴
🔴
• Total Score: -3
🔴
• Confidence Score: 35.00%
🔴
Total Score: -3
Technical Indicator Strength: 35.0%
- Weak alignment in behavior
- AI Confidence Score: 35.0%
👉 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 |
| 2026-04-30 |
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 |
| 2025-10-09 |
Bullish |
535.35 |
531.70 |
531.80 |
512.50 |
0.02% |
3.61 |
531.80 |
506.00% |
-0.66 |
5.48 |
100.00 58.97 Success |
| 2025-10-07 |
Bearish |
510.75 |
511.15 |
544.00 |
509.65 |
0.29% |
6.43 |
551.20 |
506.20% |
0.89 |
7.92 |
23.13 43.75 Success |
| 2025-10-06 |
Bullish |
520.10 |
520.30 |
523.30 |
509.15 |
0.58% |
2.14 |
551.20 |
506.20% |
5.98 |
2.67 |
18.23 50.58 Success |
| 2025-09-30 |
Bearish |
504.90 |
507.45 |
518.20 |
506.90 |
0.11% |
2.12 |
544.00 |
506.90% |
-0.40 |
7.74 |
49.38 47.83 Success |
| 2025-09-05 |
Bullish |
492.45 |
495.50 |
506.60 |
485.70 |
2.24% |
1.98 |
523.00 |
485.70% |
6.20 |
1.37 |
67.32 74.79 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.