BHL

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. 208.90, down -1.10 (-0.52%) from the previous close of Rs. 210.00, ranging between Rs. 208.00 and Rs. 210.00 on the day on a traded volume of 44,962 shares.

Technical outlook

BHL's technical picture is currently Bearish. Price is below its 20-day average (Rs. 211.61) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 44 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 214.67. support around rs. 174.21. 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 45% of that range.

A recent candlestick signal detected on BHL: Inverted Hammer — Long upper wick after a fall — possible bullish reversal attempt.

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.