HIDCL

HIDCL — Hydorelectricity Investment and Development Company Ltd technical analysis

Hydorelectricity Investment and Development Company Ltd (HIDCL) is a Investment-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 254.00, down -0.60 (-0.24%) from the previous close of Rs. 254.60, ranging between Rs. 252.10 and Rs. 258.00 on the day on a traded volume of 20,564 shares.

Technical outlook

HIDCL's technical picture is currently Bearish. Price is below its 20-day average (Rs. 258.30) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 42 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 255.93. support around rs. 250.00. Over the past year, HIDCL has traded between a 52-week low of Rs. 245.00 and a high of Rs. 307.00, placing the current price at about 15% of that range.

A recent candlestick signal detected on HIDCL: Inverted Hammer — Long upper wick after a fall — possible bullish reversal attempt.

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.