Asian Hydropower Limited

AHL — Asian Hydropower Limited technical analysis

Asian Hydropower Limited (AHL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 400.00, up +5.00 (+1.27%) from the previous close of Rs. 395.00, ranging between Rs. 396.10 and Rs. 401.00 on the day on a traded volume of 2,036 shares.

Technical outlook

AHL's technical picture is currently Mildly Bullish. Price (Rs. 400.00) is above its 20-day average (Rs. 378.07) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 58 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 588.90. support around rs. 343.00. Over the past year, AHL has traded between a 52-week low of Rs. 343.00 and a high of Rs. 699.00, placing the current price at about 16% of that range.

A recent candlestick signal detected on AHL: Doji — Open and close nearly equal — indecision between buyers and sellers.

This is an automated technical read from end-of-day NEPSE data, refreshed each trading day — for information only, not investment advice. New to these terms? See our RSI guide, candlestick guide and beginner's investing guide.