Is HEG technically bullish or bearish?
As of June 20, 2025, HEG's trend is bullish, supported by positive MACD and moving averages, but tempered by a bearish weekly RSI and mixed signals from Bollinger Bands and KST.
As of 20 June 2025, the technical trend for HEG has changed from mildly bullish to bullish. The current stance is bullish, supported by the weekly and monthly MACD readings being bullish, along with daily moving averages also indicating bullish momentum. However, the weekly RSI is bearish, which suggests some short-term weakness. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, while the KST shows a bullish weekly signal but is mildly bearish monthly. The Dow Theory indicates a mildly bearish stance on the weekly chart, but there is no trend on the monthly. Overall, the strength of the bullish signal is tempered by some mixed indicators, particularly in the RSI and KST.
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