DHEL

DHEL — Daramkhola Hydro Energy Limited technical analysis

Daramkhola Hydro Energy Limited (DHEL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 584.90, up +8.90 (+1.55%) from the previous close of Rs. 576.00, ranging between Rs. 566.00 and Rs. 584.90 on the day on a traded volume of 19,481 shares.

Technical outlook

DHEL's technical picture is currently Mildly Bearish. Price (Rs. 584.90) is above its 20-day average (Rs. 583.96) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 49 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 615.18. support around rs. 549.17. Over the past year, DHEL has traded between a 52-week low of Rs. 402.20 and a high of Rs. 918.90, placing the current price at about 35% of that range.

A recent candlestick signal detected on DHEL: 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.