JOSHI

JOSHI — Joshi Hydropower Development Company Ltd technical analysis

Joshi Hydropower Development Company Ltd (JOSHI) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 283.00, down -1.00 (-0.35%) from the previous close of Rs. 284.00, ranging between Rs. 280.20 and Rs. 289.00 on the day on a traded volume of 73,222 shares.

Technical outlook

JOSHI's technical picture is currently Mildly Bullish. Price (Rs. 283.00) is above its 20-day average (Rs. 271.38) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 57 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 293.74. support around rs. 275.55. Over the past year, JOSHI has traded between a 52-week low of Rs. 246.00 and a high of Rs. 388.60, placing the current price at about 26% of that range.

A recent candlestick signal detected on JOSHI: Bearish Marubozu — Strong full-body down candle with little wick — sellers in control.

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.