Molung Hydropower Company Limited

Molung Hydropower Company Limited (MHCL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 283.50, up +1.50 (+0.53%) from the previous close of Rs. 282.00, ranging between Rs. 277.60 and Rs. 287.80 on the day on a traded volume of 5,608 shares.

Technical outlook

MHCL's technical picture is currently Mildly Bullish. Above 20-day average (Rs. 280.59) — short-term up. 20-day below 50-day — trend down. RSI 49 — neutral. MACD above signal — momentum up.

Key levels

The nearest resistance sits around rs. 358.80. support around rs. 269.05. Over the past year, MHCL has traded between a 52-week low of Rs. 261.00 and a high of Rs. 426.00, placing the current price at about 14% of that range.

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

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