Bindhyabasini Hydropower Development Company Limited

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. 439.80, up +4.30 (+0.99%) from the previous close of Rs. 435.50, ranging between Rs. 433.00 and Rs. 445.00 on the day on a traded volume of 14,426 shares.

Technical outlook

BHDC's technical picture is currently Mildly Bullish. Price (Rs. 439.80) is above its 20-day average (Rs. 422.84) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 61 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 447.49. support around rs. 411.50. Over the past year, BHDC has traded between a 52-week low of Rs. 401.10 and a high of Rs. 616.00, placing the current price at about 18% of that range.

A recent candlestick signal detected on BHDC: 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.