/ 100
HB Estate Devel. (HBESD) — Technical Setup
₹73.57 +2.74% Strong Downtrend Normal Volatility Strong bearish
Summary
HB Estate Devel. is in a strong downtrend on the daily chart. RSI(14) is 48.6, MACD is below its signal line, ADX reads 27 (trending). Volume in the latest session was 1.8× its 20-day average. Over three months it has outperformed the Nifty 50 by 0.0 percentage points. Nearest support is ₹69.53 and resistance ₹73.90. Its technical score is 18/100 (strong bearish).
🧮 How the 18/100 is built
Five components, 20 points each. Every rule is shown with the points it earned — the score describes the chart as it stands today; it is not a prediction.
- Close above 20-day EMA (-0.23)0/3
- 20-day EMA above 50-day EMA0/3
- 50-day EMA above 200-day EMA0/3
- Close above 200-day SMA0/3
- SuperTrend (10,3) pointing up0/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (27.43)0/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (48.64)2/6
- MACD line above its signal line0/4
- MACD line above zero (-0.90)0/3
- 12-day rate of change positive (-2.26)0/3
- Stochastic %K above %D2/2
- Outperforming the Nifty 50 over 3 months (0.04)2/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (-0.45)0/5
- More volume on up days than down days (20 sessions) (0.90)0/5
- Close above 20-day VWAP (-1.39)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (5.34)2/6
- Price in the upper half of its Bollinger Bands (0.42)2/5
- Shallow drawdown from the 52-week high (-23.28)1/5
- Volatility contracting (20-day volatility below its 6-month median) (9.40)4/4
- Room to the next resistance (≥8% scores full) (0.45)0/5
- Support close below (a tight, definable stop) (5.49)3/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-23.28)0/5
🧭 Regime: Strong Downtrend
Normal Volatility — Bollinger width is in the 45th percentile of the last six months.
Suits: Avoid longs / trend-following shorts. A strong downtrend: rallies are usually sold. Long setups need a completed reversal pattern first.
Classified from ADX, the 20/50-day EMA stack and price's distance from the 50-day average; volatility from band-width and ATR expansion.
Opens the AI Backtester with the SuperTrend (10,3) rules for HBESD — supertrend (10,3) flips to an uptrend.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | — | — | — |
| Daily | ▼ Bearish | 48.64 | -0.22 |
Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: —, weekly ADX —.
📶 Volume & VWAP
VWAPs are computed from daily bars (typical price × volume), not intraday ticks. Volume has dried up to under 60% of normal.
💪 Relative strength
HBESD ÷ Nifty 50, rebased to 100 a year ago. Rising = outperforming.
🧱 Support & resistance
Clustered swing highs and lows from the last year; “touches” is how many swings formed the level.
| Level | Price | Distance | Touches |
|---|---|---|---|
| Resistance | ₹95.90 | +30.4% | 1 |
| Resistance | ₹81.99 | +11.4% | 5 |
| Resistance | ₹73.90 | +0.5% | 3 |
| Close | ₹73.57 | — | |
| Support | ₹69.53 | −5.5% | 4 |
| Support | ₹61.05 | −17.0% | 1 |
52-week range: ₹60.51 – ₹95.90 (-23.28% from the high).
🌀 Fibonacci
Measuring the down-swing from ₹95.90 (2026-05-07) to ₹60.51 (2026-09-15). Price has retraced 36.9% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹68.86 | -6.4% | S/R confluence |
| 38.2% retracement | ₹74.03 | +0.6% | S/R confluence nearest |
| 50.0% retracement | ₹78.21 | +6.3% | |
| 61.8% retracement | ₹82.38 | +12.0% | S/R confluence |
| 78.6% retracement | ₹88.33 | +20.1% | |
| 127.2% extension | ₹50.88 | -30.8% | |
| 161.8% extension | ₹38.64 | -47.5% | |
| 200.0% extension | ₹25.12 | -65.9% |
🕯️ Candlesticks (last 5 sessions)
- Bullish Engulfing 2026-09-18 bullish Strong · 95
- Hammer 2026-09-15 bullish Strong · 70
Quality combines the pattern's reliability with its context: prior trend, volume, a support/resistance level and RSI.
↗️ Divergences
- OBV bullish 2026-08-28 → 2026-09-15₹74.05 → ₹60.51
- MFI(14) bullish 2026-08-28 → 2026-09-15₹74.05 → ₹60.51
✅ Screens HBESD passes today
| Stock | Close | Chg | Score | Trend regime | RS rating (1-99) |
|---|---|---|---|---|---|
| LOTUSDEVSri Lotus Developers and Realty Limited | ₹215.13 | +0.82% | 84 | Strong Uptrend | 90.00 |
| NIMBSPROJNimbus Projects Limited | ₹185.46 | +0.94% | 64 | Range | — |
| RAYMONDRELRaymond Realty Limited | ₹588.30 | +0.64% | 60 | Weak Downtrend | 62.00 |
| ARIHANTArih.Found.Hsg. | ₹936.35 | +4.42% | 36 | Range | — |
| ELPROINTLElpro Internatio | ₹172.53 | -0.42% | 36 | Range | — |
| GANESHHOUGANESH HOUSING LIMITED | ₹741.45 | -1.36% | 30 | Weak Downtrend | 49.00 |
| KALPATARUKalpataru Limited | ₹274.45 | +6.71% | 30 | Weak Downtrend | 16.00 |
| MODISModis Navnirman Limited | ₹352.40 | +0.96% | 29 | Weak Downtrend | 62.00 |
| DHARANDHARAN INFRA-EPC LIMITED | ₹0.14 | +7.69% | 22 | Strong Downtrend | 5.00 |
| NATIONSTDNational Standar | ₹109.94 | -1.66% | 15 | Strong Downtrend | — |
⚠️ Educational technical analysis computed automatically from end-of-day NSE prices — not investment advice. Flash Finance is not SEBI-registered. Indicators describe what price has done; they do not predict what it will do. Verify levels on a live chart and manage risk before acting.
