Daramkhola Hydro Energy Limited

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. 564.00, down -7.00 (-1.23%) from the previous close of Rs. 571.00, ranging between Rs. 559.00 and Rs. 575.00 on the day on a traded volume of 20,693 shares.

Technical outlook

DHEL's technical picture is currently Mildly Bearish. Price is below its 20-day average (Rs. 565.35) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 47 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 580.67. support around rs. 538.73. 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 31% of that range.

A recent candlestick signal detected on DHEL: Bearish Engulfing — Down candle fully engulfs the prior up candle — momentum shifting down.

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.