Chhyangdi Hydropower Ltd.

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. 269.00, up +1.00 (+0.37%) from the previous close of Rs. 268.00, ranging between Rs. 264.20 and Rs. 271.00 on the day on a traded volume of 23,640 shares.

Technical outlook

CHL's technical picture is currently Mildly Bullish. Price (Rs. 269.00) is above its 20-day average (Rs. 258.70) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 59 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 273.58. support around rs. 262.17. 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 42% 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.