MAKAR

MAKAR — Makar Jitumaya Suri Hydropower Limited technical analysis

Makar Jitumaya Suri Hydropower Limited (MAKAR) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 429.80, down -5.20 (-1.20%) from the previous close of Rs. 435.00, ranging between Rs. 428.60 and Rs. 435.10 on the day on a traded volume of 31,056 shares.

Technical outlook

MAKAR's technical picture is currently Bearish. Price is below its 20-day average (Rs. 450.74) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 30 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 579.90. Over the past year, MAKAR has traded between a 52-week low of Rs. 427.50 and a high of Rs. 670.00, placing the current price at about 1% of that range.

A recent candlestick signal detected on MAKAR: 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.