Mandu Hydropower Limited

MANDU — Mandu Hydropower Limited technical analysis

Mandu Hydropower Limited (MANDU) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 754.00, up +38.80 (+5.43%) from the previous close of Rs. 715.20, ranging between Rs. 700.00 and Rs. 755.00 on the day on a traded volume of 19,936 shares.

Technical outlook

MANDU's technical picture is currently Mildly Bullish. Price (Rs. 715.20) is above its 20-day average (Rs. 708.27) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 47 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 787.50. support around rs. 710.00. Over the past year, MANDU has traded between a 52-week low of Rs. 622.00 and a high of Rs. 909.00, placing the current price at about 46% of that range.

A recent candlestick signal detected on MANDU: 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.