MABEL

MABEL — Mabilung Energy Limited technical analysis

Mabilung Energy Limited (MABEL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 593.00, down -2.60 (-0.44%) from the previous close of Rs. 595.60, ranging between Rs. 586.30 and Rs. 610.00 on the day on a traded volume of 3,650 shares.

Technical outlook

MABEL's technical picture is currently Mildly Bearish. Price is below its 20-day average (Rs. 598.88) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 43 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 732.17. support around rs. 582.10. Over the past year, MABEL has traded between a 52-week low of Rs. 317.70 and a high of Rs. 927.00, placing the current price at about 45% of that range.

A recent candlestick signal detected on MABEL: Doji — Open and close nearly equal — indecision between buyers and sellers.

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.