⏱️ Last Scan Run: 2026-10-14 06:51 AM IST
"HBL Engineering (HBLENGINE) is currently trading at ₹712.75, down 2.41% on the day, showing relative weakness compared to the broader Nifty 50 index which is up 1.6%. Technicals indicate oversold conditions with an RSI of 36.86 and Williams %R at -90.88, near the lower Bollinger Band of ₹696.52. Despite recent negative intraday momentum, the price is holding just above the 50-day EMA (₹721.16) and above the day's VWAP (₹710.33), presenting a potential mean-reversion opportunity for intraday traders and a consolidation/accumulation phase for swing and long-term investors."
Recent media coverage and corporate updates from platforms like Simply Wall Street and Univest highlight ongoing investor interest regarding HBL Engineering's underlying financial prospects and watchlist additions, despite short-term pullbacks in the share price. This mixed sentiment suggests that while the near-term price action remains subdued, fundamental interest from retail and institutional platforms could support medium-term consolidation and eventual recovery toward intrinsic valuation targets.
| Indicator & Parameters | Calculated Value(s) & Multi-Period Signals | Verdict & Bias |
|---|---|---|
| RSI (14) | 36.86 | Bearish (≤45) |
| Average True Range (ATR 14) | ₹29.4 (4.12% of Price) | High Volatility (Breakout Ready) |
| Stochastics (14, 3) | %K: 9.12 %D: 7.53 | Oversold (≤20) |
| StochRSI (14) | %K: 0.0 %D: 4.45 | Oversold (≤20) |
| ADX (14) & DMI | ADX: 24.3 +DI: 20.99 -DI: 26.98 | Neutral / Non-Trending |
| Ultimate Oscillator (UO) | 34.75 | Bearish |
| Rate of Change (ROC 12) & Momentum | ROC: -8.07% Momentum (10D): ₹-72.9 | Bearish (-ROC) |
| Williams %R (14) | -90.88 | Oversold (≤-80) |
| MACD (12, 26, 9) | MACD: 2.47 Signal: 11.75 Histogram: -9.28 | Bearish (Line < Signal) |
| Supertrend (10, 3) | ₹794.9 (Bearish) | Bearish Trend |
| Bollinger Bands (20, 2) | Upper: ₹818.45 Mid: ₹757.48 Lower: ₹696.52 | Bearish (Below Mid) |
| Parabolic SAR | ₹801.56 | Bearish (Price < SAR) |
| Commodity Channel Index (CCI 20) | -123.37 | Strong Bearish (≤-100) |
| Simple Moving Averages (SMAs) | 20D: ₹757.48 34D: ₹729.84 50D: ₹721.16 89D: ₹741.31 200D: ₹756.99 | Neutral / Mixed Stack |
| Exponential Moving Averages (EMAs) | 9D: ₹741.59 20D: ₹745.37 34D: ₹739.88 50D: ₹737.47 89D: ₹741.16 200D: ₹768.86 | Bearish Stack (Price < 9D < 20D) |
| TRIX (15) | 0.2782% | Bullish (>0) |