Hydorelectricity Investment and Development Company Ltd

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. 262.00, up +3.10 (+1.20%) from the previous close of Rs. 258.90, ranging between Rs. 258.00 and Rs. 264.00 on the day on a traded volume of 121,068 shares.

Technical outlook

HIDCL's technical picture is currently Mildly Bullish. Price (Rs. 262.00) is above its 20-day average (Rs. 246.72) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 64 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 266.11. support around rs. 256.88. Over the past year, HIDCL has traded between a 52-week low of Rs. 232.60 and a high of Rs. 307.00, placing the current price at about 40% of that range.

A recent candlestick signal detected on HIDCL: Morning Star — Down candle, small indecision candle, then a strong up candle — 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.