HP Adhesives logo

HP Adhesives technical analysis: RSI, MACD and moving averages

NSE: HPALBSE: 543433Chemicals & PetrochemicalsSmall Cap

HP Adhesives Limited · Face value ₹2 · Listed Dec 2021 · Issue price ₹274
Last close ₹32.99up ₹0.54 (1.66%)BSE ₹33.42

Share price at the NSE close on 28 Oct 2026. Previous close ₹32.45.

28 Oct: open ₹32.89, high ₹33.48, low ₹31.50

52-week range of traded prices to 28 Oct 2026
₹26.52Low, 30 Mar 2026₹53.00High, 3 Nov 2025
Market cap
₹303 Cr2,075th largest listed
P/E
Earlier quarters restated in the year
P/B
1.61
Dividend yield
1.21%
ROCE
0.3%
Debt to equity
0.02
Volume, NSE
25,91571.3% delivered

HP Adhesives' technical indicators on adjusted prices to 28 Oct 2026: moving averages, RSI, MACD, Bollinger bands, beta against the Nifty 500 and pivot levels.

Price, RSI, MACD and Bollinger bands

A year of sessions on adjusted prices, to 28 Oct 2026.HP Adhesives share price history

From the 52-week high
−37.8%

Close with its 50 and 200-day averages

  • Close
  • 50-day average
  • 200-day average
The close is above 2 of its 8 simple moving averages (5 to 200 days) in the table below.

Moving averages, including the 50, 100 and 200 day averages

Adjusted prices, to 28 Oct 2026.

WindowSimple (SMA, DMA)Exponential (EMA)
5 days₹31.50+4.7%
10 days₹32.62+1.1%₹32.49+1.5%
20 days₹33.34−1.0%₹33.18−0.6%
30 days₹33.99−2.9%
50 days₹34.50−4.4%₹34.10−3.3%
100 days₹34.77−5.1%₹34.92−5.5%
150 days₹35.23−6.4%
200 days₹35.78−7.8%₹37.15−11.2%

Beside each average, the close against it: the close divided by the average, less one, in per cent. An exponential average weights recent closes more heavily than older ones.

Since the 50-day crossed the 200-day
604Below, 22 May 2024 at ₹102.30
200-day average, 20-session change
−2.5%
Sessions above the 200-day average
6of the last 250
Closes above the 20-day average
38%of the last 60 sessions
Volume-weighted average, 20 days
₹33.19
Hull moving average, 9 days
₹30.97
Ichimoku base line, 26 sessions
₹32.59

RSI, MACD and other oscillators

Adjusted prices, to 28 Oct 2026.

  • RSI, 14 days47.1
  • Money flow index, 14 days31.4
  • Stochastic %K68.1
  • Stochastic %D51.5
  • Stochastic RSI100.0
  • Williams %R, 14 days−31.9
  • Ultimate oscillator50.4
  • ADX, 14 days17.2
  • Positive directional indicator18.3
  • Negative directional indicator24.7
MACD line
−0.81In rupees
MACD signal line
−0.67In rupees
MACD histogram
−0.14In rupees
Awesome oscillator
−3.07In rupees
Momentum, 10 sessions
−1.26In rupees
Bull bear power, 13 days
−0.46In rupees
Commodity channel index, 20 days
−45.8No fixed range
Rate of change, 21 sessions
−5.6%Change in the close
Rate of change, 125 sessions
−12.7%Change in the close

Volatility and Bollinger bands

Adjusted prices, to 28 Oct 2026.

Bollinger bands today

Close ₹32.99
Lower band₹30.7420-day average₹33.34Upper band₹35.93
Twice the spread of the last 20 closes either side of their average.
Average true range
₹1.82In rupees, 14 days
Average true range, % of price
5.52%Of the close
Volatility, 20 days
44.8%A year
Volatility, 30 days
43.3%A year
Volatility, 60 days
52.0%A year
Bollinger band width
15.6%Of the 20-day average
  • 30-day volatility, place in its year64%
  • Band width, place in its year52%
  • 21-session change, place in its year40%

Beta, highs and deepest falls

Against the Nifty 500. The 1-year beta, 3-year beta, 3-year fall and correlation to 23 Oct 2026, the rest to 28 Oct 2026.HP Adhesives PE ratio and valuation

Beta against the Nifty 500

  • 1 month1.69
  • 3 months1.37
  • 1 year1.53
  • 3 years1.29
1: moves as the Nifty 500 does

Deepest fall from a high

  • 1 year−48.5%
  • 3 years6 Feb 2024 to 30 Mar 2026; Nifty 500 +2.5% over the same days−78.7%
Highest close since Dec 2021
₹126.406 Feb 2024, 995 days before 28 Oct 2026
Correlation, 1 year
0.48
Correlation, 3 years
0.44

Volume, delivery and notable sessions

Volume restated for splits and bonuses, to 28 Oct 2026.

Volume against the 50-session average

1×: a usual session
Volume on rising days
40%of the last 20 sessions' volume
Volume trend, 20 sessions
−45.9%
Delivery against usual
+0.7
Delivery, last 5 sessions
71.1%
Delivery, last 21 sessions
66.3%
Price band
20%₹25.96 to ₹38.94 on 28 Oct 2026
Impact cost
0.56%

Delivery, last 10 sessions

  • 28 Oct71.3%
  • 27 Oct76.8%
  • 26 Oct64.1%
  • 23 Oct76.6%
  • 22 Oct63.4%
  • 21 Oct57.3%
  • 19 Oct66.2%
  • 16 Oct82.3%
  • 15 Oct72.2%
  • 14 Oct54.2%
66.3%: the last 21 sessions together
  • Aug12WedBusiest24.9× usual volumeup 3.80%
  • Aug11TueBusiest and largest move10.5× usual volumeup 16.10%
  • Apr15WedLargest moveup 10.56%
  • Apr1WedLargest moveup 8.91%
  • Oct29WedBusiest and largest move9.8× usual volumeup 9.92%

Of the last 250 sessions: the three with the most shares traded against the 50 sessions before each and the four largest moves of the close, up or down.

Pivot points: support and resistance

On adjusted prices.

For the session after 28 Oct 2026, from that day's open, high, low and close.

Classic levels and the latest close

R3₹35.79
R2₹34.64
R1₹33.81
Pivot₹32.66
S1₹31.83
S2₹30.68
S3₹29.85
Close ₹32.99
LevelClassicWoodieCamarillaFibonacciDeMark
Resistance 3 (R3)₹35.79₹35.96₹33.53₹34.64–
Resistance 2 (R2)₹34.64₹34.72₹33.35₹33.88–
Resistance 1 (R1)₹33.81₹33.98₹33.17₹33.41₹34.23
Pivot point₹32.66₹32.74₹32.66₹32.66₹32.86
Support 1 (S1)₹31.83₹32.00₹32.81₹31.90₹32.25
Support 2 (S2)₹30.68₹30.76₹32.63₹31.43–
Support 3 (S3)₹29.85₹30.02₹32.45₹30.68–

Classic pivot levelsWoodie pivot levelsCamarilla pivot levelsFibonacci pivot levelsDeMark pivot levels

Returns and price ranges

Close to close on adjusted prices. The latest month and year run to 28 Oct 2026.

Last 12 months, per cent

  • Return
  • Loss
−12Nov 25−9.4Dec 25−6.1Jan 26−5.2Feb 26−27Mar 2640Apr 26−4.4May 26−2.3Jun 26−7.4Jul 267.5Aug 26−3.3Sep 26−2.5Oct 26
Highest month Apr 2026, +39.7%; lowest Mar 2026, −26.6%.

Last 10 years, per cent

  • Return
  • Loss
Dec 21−7.1Dec 2234Dec 23−18Dec 24−50Dec 25−20Oct 26
Highest year to Dec 2023, +34.2%; lowest to Dec 2025, −49.7%.
Low to highLatest close ₹32.99
WindowChange
1 week+1.5%₹28.32₹33.48
1 month−5.1%₹28.32₹35.99
3 months+1.5%₹28.32₹42.60
6 months−12.7%₹28.32₹47.42
2 years−59.3%₹26.52₹86.50
3 years−64.2%₹26.52₹131.00
Lowest low and highest high over each window, on adjusted prices; change is close to close. The last year's range of traded prices is at the top of the page.