Hexaware Technologies Faces Mixed Technical Trends Amid Market Volatility

Hexaware Technologies, a midcap player in the Computers - Software & Consulting industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 673.20, showing a slight change from the previous close of 672.60. Over the past year, the stock has experienced a 52-week high of 900.15 and a low of 592.95, indicating notable volatility.
In terms of technical indicators, the weekly MACD is positioned in a bearish trend, while the monthly MACD shows a mildly bearish stance. The Relative Strength Index (RSI) for both weekly and monthly periods indicates no significant signals, suggesting a neutral momentum. Bollinger Bands reflect a mildly bearish trend on a weekly basis, contrasting with a mildly bullish outlook on a monthly basis. Moving averages indicate a bearish trend on a daily basis, while the KST shows a bearish trend weekly and a bullish trend monthly.

When comparing the stock's performance to the Sensex, Hexaware Technologies has faced challenges, particularly over the past month, where it reported a return of -6.01%, while the Sensex gained 1.25%. Over a longer horizon, the stock has shown a 43.01% return over five years, compared to the Sensex's 93.02%. This context highlights the company's recent performance and its positioning within the broader market landscape.