Balephi Hydropower Limited

BHL — Balephi Hydropower Limited technical analysis

Balephi Hydropower Limited (BHL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 217.00, down -0.30 (-0.14%) from the previous close of Rs. 217.30, ranging between Rs. 216.00 and Rs. 220.00 on the day on a traded volume of 178,231 shares.

Technical outlook

BHL's technical picture is currently Mildly Bullish. Price (Rs. 217.00) is above its 20-day average (Rs. 206.29) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 66 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 220.50. support around rs. 197.28. Over the past year, BHL has traded between a 52-week low of Rs. 164.00 and a high of Rs. 264.40, placing the current price at about 53% of that range.

A recent candlestick signal detected on BHL: Shooting Star — Long upper wick after a rise — buyers rejected, possible reversal down.

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.