NSI ยท EQUITY ยท ENHANCED MARKET DYNAMICS

HEXT

Hexaware Technologies Limited

IN ยท Technology ยท Information Technology Services

EMD SCORE63/100

CURRENT COMPLETED-WEEK READ

Constructive

The balance of evidence is supportive, with some confirmation still incomplete. Conditions are positive and have strengthened over the latest four completed weeks.

Constructive build67% directional agreement89% evidence confidence
Completed week
18 Sep 2026
Latest close
INR 524.55
Evidence
83 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

5 supportive ยท 1 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks ยท bars use the left EMD axis; price uses the right axis.
21 Feb 2025โ€“18 Sep 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท INR +100+500-50-100 873.73625.43377.12 21 Feb 2025 ยท EMD 47/100 ยท close 788.58 28 Feb 2025 ยท EMD 45/100 ยท close 779.94 7 Mar 2025 ยท EMD 44/100 ยท close 754.18 14 Mar 2025 ยท EMD 47/100 ยท close 732.19 21 Mar 2025 ยท EMD 40/100 ยท close 702.91 28 Mar 2025 ยท EMD 40/100 ยท close 676.04 4 Apr 2025 ยท EMD 40/100 ยท close 632.43 11 Apr 2025 ยท EMD 42/100 ยท close 609.52 18 Apr 2025 ยท EMD 45/100 ยท close 650.41 25 Apr 2025 ยท EMD 50/100 ยท close 686.24 2 May 2025 ยท EMD 47/100 ยท close 682.15 9 May 2025 ยท EMD 48/100 ยท close 681.57 16 May 2025 ยท EMD 51/100 ยท close 750.60 23 May 2025 ยท EMD 48/100 ยท close 774.11 30 May 2025 ยท EMD 50/100 ยท close 834.86 6 Jun 2025 ยท EMD 48/100 ยท close 799.71 13 Jun 2025 ยท EMD 50/100 ยท close 809.79 20 Jun 2025 ยท EMD 48/100 ยท close 800.54 27 Jun 2025 ยท EMD 52/100 ยท close 847.13 4 Jul 2025 ยท EMD 52/100 ยท close 843.38 11 Jul 2025 ยท EMD 50/100 ยท close 836.22 18 Jul 2025 ยท EMD 53/100 ยท close 839.10 25 Jul 2025 ยท EMD 43/100 ยท close 719.83 1 Aug 2025 ยท EMD 42/100 ยท close 676.12 8 Aug 2025 ยท EMD 48/100 ยท close 700.31 15 Aug 2025 ยท EMD 45/100 ยท close 698.36 22 Aug 2025 ยท EMD 53/100 ยท close 778.30 29 Aug 2025 ยท EMD 47/100 ยท close 737.75 5 Sep 2025 ยท EMD 41/100 ยท close 702.21 12 Sep 2025 ยท EMD 52/100 ยท close 738.18 19 Sep 2025 ยท EMD 53/100 ยท close 761.11 26 Sep 2025 ยท EMD 33/100 ยท close 646.57 3 Oct 2025 ยท EMD 39/100 ยท close 651.19 10 Oct 2025 ยท EMD 44/100 ยท close 703.31 17 Oct 2025 ยท EMD 39/100 ยท close 701.98 24 Oct 2025 ยท EMD 47/100 ยท close 711.75 31 Oct 2025 ยท EMD 43/100 ยท close 674.65 7 Nov 2025 ยท EMD 37/100 ยท close 659.98 14 Nov 2025 ยท EMD 41/100 ยท close 675.93 21 Nov 2025 ยท EMD 40/100 ยท close 702.43 28 Nov 2025 ยท EMD 51/100 ยท close 742.71 5 Dec 2025 ยท EMD 48/100 ยท close 740.75 12 Dec 2025 ยท EMD 55/100 ยท close 747.72 19 Dec 2025 ยท EMD 63/100 ยท close 777.85 26 Dec 2025 ยท EMD 54/100 ยท close 737.27 2 Jan 2026 ยท EMD 56/100 ยท close 740.16 9 Jan 2026 ยท EMD 51/100 ยท close 716.22 16 Jan 2026 ยท EMD 55/100 ยท close 724.80 23 Jan 2026 ยท EMD 50/100 ยท close 703.41 30 Jan 2026 ยท EMD 45/100 ยท close 684.61 6 Feb 2026 ยท EMD 36/100 ยท close 602.22 13 Feb 2026 ยท EMD 30/100 ยท close 551.18 20 Feb 2026 ยท EMD 23/100 ยท close 511.29 27 Feb 2026 ยท EMD 24/100 ยท close 464.72 6 Mar 2026 ยท EMD 28/100 ยท close 451.37 13 Mar 2026 ยท EMD 24/100 ยท close 403.72 20 Mar 2026 ยท EMD 32/100 ยท close 431.30 27 Mar 2026 ยท EMD 28/100 ยท close 434.78 3 Apr 2026 ยท EMD 32/100 ยท close 435.72 10 Apr 2026 ยท EMD 34/100 ยท close 471.54 17 Apr 2026 ยท EMD 31/100 ยท close 485.92 24 Apr 2026 ยท EMD 23/100 ยท close 436.50 1 May 2026 ยท EMD 25/100 ยท close 439.35 8 May 2026 ยท EMD 34/100 ยท close 485.70 15 May 2026 ยท EMD 29/100 ยท close 484.15 22 May 2026 ยท EMD 42/100 ยท close 514.05 29 May 2026 ยท EMD 42/100 ยท close 508.00 5 Jun 2026 ยท EMD 44/100 ยท close 526.00 12 Jun 2026 ยท EMD 42/100 ยท close 498.65 19 Jun 2026 ยท EMD 42/100 ยท close 499.60 26 Jun 2026 ยท EMD 41/100 ยท close 494.85 3 Jul 2026 ยท EMD 46/100 ยท close 546.60 10 Jul 2026 ยท EMD 50/100 ยท close 550.25 17 Jul 2026 ยท EMD 59/100 ยท close 570.20 24 Jul 2026 ยท EMD 59/100 ยท close 551.85 31 Jul 2026 ยท EMD 57/100 ยท close 561.65 7 Aug 2026 ยท EMD 61/100 ยท close 564.60 14 Aug 2026 ยท EMD 66/100 ยท close 569.85 21 Aug 2026 ยท EMD 56/100 ยท close 532.45 28 Aug 2026 ยท EMD 65/100 ยท close 555.70 4 Sep 2026 ยท EMD 55/100 ยท close 528.60 11 Sep 2026 ยท EMD 50/100 ยท close 497.05 18 Sep 2026 ยท EMD 63/100 ยท close 524.55 25 Jul 2025 ยท Down-cycle confirmed ยท close 719.83 10 Apr 2026 ยท Up-cycle confirmed ยท close 471.54 8 May 2026 ยท Up-cycle confirmed ยท close 485.70 21 Feb 20255 Dec 202518 Sep 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 22%Current EMD +26.24-week EMD change +13.6156-week price range INR 403.72โ€“847.13

THE FULL PRICE CYCLE

Follow the journey from one zone to the other

Each state uses completed-week information available at that point.

01

Lower zone

Price establishes residence near the bottom of its long-cycle range. Improving EMD separates early repair from continued deterioration.

02

Upward journey

Price leaves the lower zone while EMD confirms improving participation. The objective is the broader move toward the upper zone, not a short weekly trade.

03

Upper zone

Price establishes residence near the top of its long-cycle range. This is the profit-harvest area, with EMD watched for exhaustion and loss of support.

04

Downward journey

Price leaves the upper zone while EMD weakens. The reverse cycle remains active until lower-zone residence is confirmed again.

CURRENT READINGS

What the latest week shows

Completed-week values

01

Underlying pressure

63/1000.18

Strengthening beneath price
4-week change -0.46

02

Trend and deviation

85/100+4.8% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

58/1004w -1.5% ยท 13w +5.0%

Momentum is supportive
SMI 0.27

04

Price-volume pressure

68/10068% constructive pressure

Volume is confirming the close
Volume ratio 1.16x

05

Relative leadership

34/100-3.96

The ticker is lagging its benchmark
4-week change +4.39

06

Modeled Trend

78/100Modeled Trend 0.54

Modeled Trend is supportive
Smoothed Modeled Trend 0.41

Evidence context