IHL

IHL — Ingwa Hydropower Limited technical analysis

Ingwa Hydropower Limited (IHL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 346.00, down -2.00 (-0.57%) from the previous close of Rs. 348.00, ranging between Rs. 345.10 and Rs. 353.00 on the day on a traded volume of 4,109 shares.

Technical outlook

IHL's technical picture is currently Mildly Bearish. Price is below its 20-day average (Rs. 353.51) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 39 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 543.04. support around rs. 329.00. Over the past year, IHL has traded between a 52-week low of Rs. 329.00 and a high of Rs. 638.00, placing the current price at about 6% of that range.

A recent candlestick signal detected on IHL: 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.