BHDC

BHDC — Bindhyabasini Hydropower Development Company Limited technical analysis

Bindhyabasini Hydropower Development Company Limited (BHDC) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 426.00, down -3.50 (-0.81%) from the previous close of Rs. 429.50, ranging between Rs. 425.10 and Rs. 430.00 on the day on a traded volume of 8,716 shares.

Technical outlook

BHDC's technical picture is currently Bearish. Price is below its 20-day average (Rs. 433.90) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 36 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 465.18. support around rs. 412.00. Over the past year, BHDC has traded between a 52-week low of Rs. 412.00 and a high of Rs. 620.00, placing the current price at about 7% of that range.

A recent candlestick signal detected on BHDC: 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.