Bhujung Hydropower Limited

BJHL — Bhujung Hydropower Limited technical analysis

Bhujung Hydropower Limited (BJHL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 650.00, down -8.90 (-1.35%) from the previous close of Rs. 658.90, ranging between Rs. 645.50 and Rs. 668.00 on the day on a traded volume of 12,081 shares.

Technical outlook

BJHL's technical picture is currently Mildly Bearish. Price is below its 20-day average (Rs. 667.06) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 42 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 756.00. support around rs. 631.50. Over the past year, BJHL has traded between a 52-week low of Rs. 270.10 and a high of Rs. 1,305.00, placing the current price at about 37% of that range.

A recent candlestick signal detected on BJHL: 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.