CHL

CHL — Chhyangdi Hydropower Ltd. technical analysis

Chhyangdi Hydropower Ltd. (CHL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 268.00, down -2.00 (-0.74%) from the previous close of Rs. 270.00, ranging between Rs. 258.00 and Rs. 269.80 on the day on a traded volume of 23,013 shares.

Technical outlook

CHL's technical picture is currently Mildly Bullish. Price (Rs. 268.00) is above its 20-day average (Rs. 265.93) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 50 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 274.80. support around rs. 265.74. Over the past year, CHL has traded between a 52-week low of Rs. 223.40 and a high of Rs. 332.50, placing the current price at about 41% of that range.

A recent candlestick signal detected on CHL: Hammer — Long lower wick rejecting lower prices — potential bullish reversal.

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.