BEDC

BEDC — Bhugol Energy Development Company Limited technical analysis

Bhugol Energy Development Company Limited (BEDC) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 323.00, up +1.00 (+0.31%) from the previous close of Rs. 322.00, ranging between Rs. 320.00 and Rs. 325.00 on the day on a traded volume of 14,378 shares.

Technical outlook

BEDC's technical picture is currently Mildly Bullish. Price (Rs. 323.00) is above its 20-day average (Rs. 322.89) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 44 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 548.62. support around rs. 314.47. Over the past year, BEDC has traded between a 52-week low of Rs. 303.10 and a high of Rs. 775.00, placing the current price at about 4% of that range.

A recent candlestick signal detected on BEDC: 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.