Ingwa Hydropower Limited

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. 343.00, up +4.90 (+1.45%) from the previous close of Rs. 338.10, ranging between Rs. 330.00 and Rs. 345.00 on the day on a traded volume of 10,810 shares.

Technical outlook

IHL's technical picture is currently Mildly Bullish. Price (Rs. 343.00) is above its 20-day average (Rs. 312.18) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 63 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 543.03. support around rs. 291.00. Over the past year, IHL has traded between a 52-week low of Rs. 282.50 and a high of Rs. 638.00, placing the current price at about 17% of that range.

A recent candlestick signal detected on IHL: 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.