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Hemang Resources Limited

HEMANG.BO Technical Analysis Summary (BSE)

Analyze HEMANG.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

HEMANG.BO●BSE
EnergyCoal
₹10.38
₹0.26(2.44%)
Indian Market opens in 20h 54m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

HEMANG.BO Technical Analysis Summary (BSE)

Hemang Resources Limited (BSE: HEMANG.BO) stock currently shows a bearish trend on the BSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 31.35)
Trend Strength:Moderate (ADX: 20.29)
Volatility:High (ATR: 1.08)
Support/Resistance:$10.79 – $14.94 (Bollinger Bands)

Technical conditions suggest Hemang Resources Limited on the BSE is awaiting a decisive move. Overall, Hemang Resources Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 31.35

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 4.61

Bullish
Oversold zone signals rebound potential.

Williams %R: -94.75

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -20.46

Strongly Bearish
Sharp downside momentum.

Takeaway:Hemang Resources Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.44

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.29

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.08

Low
Low volatility, stable price action.

CCI (14): -230.48

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Hemang Resources Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$14.94
Middle Band (SMA 20)
$12.86
Lower Band
$10.79
Current Position
Below Lower Band

Takeaway:Hemang Resources Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$14.83
Middle Line (EMA 20)
$12.67
Lower Channel
$10.51
Squeeze Status
Squeeze On

Takeaway:Hemang Resources Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-61.67K
Money Flow Index10.90Bullish, oversold conditions signal rebound potential.
Relative Vigor Index19.35Bearish, price momentum favors sellers.

Overall Takeaway:HEMANG.BO shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Hemang Resources Limited (BSE: HEMANG.BO), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Hemang Resources Limited shows a Strong Sell signal — momentum, volume, and volatility confirm strong selling pressure.

(BSE: HEMANG.BO) Technical Analysis FAQ