Hexaware Technologies Faces Mixed Technical Trends Amid Market Evaluation Revision

Hexaware Technologies, a midcap player in the Computers - Software & Consulting industry, has recently undergone an evaluation revision reflecting its current market dynamics. The company's stock is currently priced at 687.25, down from a previous close of 695.60. Over the past year, Hexaware has experienced a 52-week high of 900.15 and a low of 592.95, indicating a notable range in its stock performance.
In terms of technical indicators, the weekly MACD suggests a bearish sentiment, while the monthly outlook remains mildly bearish. The Relative Strength Index (RSI) shows no significant signals for both weekly and monthly assessments. Bollinger Bands indicate a mildly bearish trend on a weekly basis, contrasting with a mildly bullish stance on a monthly basis. Daily moving averages reflect a bearish trend, and the KST shows a bearish signal weekly, while being bullish monthly.

When comparing the company's performance to the Sensex, Hexaware's stock return over the past week stands at 2.18%, outperforming the Sensex's 1.62%. However, over the past month, Hexaware has seen a decline of 4.63%, while the Sensex has gained 3.09%. Notably, over a five-year period, Hexaware has delivered a return of 45.99%, compared to the Sensex's 93.78%. These metrics highlight the company's fluctuating performance in relation to broader market trends.