Bikash Hydropower Company Limited

BHCL — Bikash Hydropower Company Limited technical analysis

Bikash Hydropower Company Limited (BHCL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 539.90, down -4.10 (-0.75%) from the previous close of Rs. 544.00, ranging between Rs. 537.00 and Rs. 549.00 on the day on a traded volume of 25,835 shares.

Technical outlook

BHCL's technical picture is currently Mildly Bearish. Price is below its 20-day average (Rs. 540.57) — short-term weakness. 20-day average is above the 50-day — medium-term trend is up. RSI is 54 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 581.40. support around rs. 506.84. Over the past year, BHCL has traded between a 52-week low of Rs. 394.00 and a high of Rs. 699.00, placing the current price at about 48% of that range.

A recent candlestick signal detected on BHCL: Morning Star — Down candle, small indecision candle, then a strong up candle — bullish reversal.

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.