BGWT

BGWT — Bhagawati Hydropower Development Company Limited technical analysis

Bhagawati Hydropower Development Company Limited (BGWT) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 556.00, down -1.00 (-0.18%) from the previous close of Rs. 557.00, ranging between Rs. 542.00 and Rs. 558.00 on the day on a traded volume of 501 shares.

Technical outlook

BGWT's technical picture is currently Bearish. Price is below its 20-day average (Rs. 576.70) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 40 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 756.08. support around rs. 516.10. Over the past year, BGWT has traded between a 52-week low of Rs. 516.10 and a high of Rs. 946.80, placing the current price at about 9% of that range.

A recent candlestick signal detected on BGWT: Bullish Engulfing — Up candle fully engulfs the prior down candle — momentum shifting up.

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.