MHL
NEPSE Hydro PowerMHL — Mandakini Hydropower Limited technical analysis
Mandakini Hydropower Limited (MHL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 470.00, up +1.50 (+0.32%) from the previous close of Rs. 468.50, ranging between Rs. 464.00 and Rs. 473.80 on the day on a traded volume of 3,960 shares.
Technical outlook
MHL's technical picture is currently Bearish. Price is below its 20-day average (Rs. 476.88) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 45 — neutral momentum. MACD is below its signal line — momentum is turning down.
Key levels
The nearest resistance sits around rs. 513.36. support around rs. 450.57. Over the past year, MHL has traded between a 52-week low of Rs. 445.00 and a high of Rs. 600.00, placing the current price at about 16% of that range.
A recent candlestick signal detected on MHL: Hammer — Long lower wick rejecting lower prices — potential bullish reversal.
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.
⚠️ Disclaimer: NepseIQ is for informational and educational purposes only — not financial advice. Chart data is end-of-day from NEPSE. Technical indicators and pattern detections are analytical observations, not guarantees. Verify before trading.