Mountain Energy Nepal Limited

Mountain Energy Nepal Limited (MEN) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 567.00, up +2.00 (+0.35%) from the previous close of Rs. 565.00, ranging between Rs. 565.00 and Rs. 571.00 on the day on a traded volume of 50,914 shares.

Technical outlook

MEN's technical picture is currently Mildly Bullish. Above 20-day average (Rs. 557.49) — short-term up. 20-day above 50-day — trend up. RSI 59 — neutral. MACD below signal — momentum down.

Key levels

The nearest resistance sits around rs. 596.90. support around rs. 505.27. Over the past year, MEN has traded between a 52-week low of Rs. 535.00 and a high of Rs. 683.40, placing the current price at about 22% of that range.

A recent candlestick signal detected on MEN: Inside Bar — Range contained within the previous candle — consolidation before a move.

Automated read, not advice. Guides: RSI guide, candlestick guide and beginner's investing guide.