Mountain Hydro Nepal Limited

MHNL — Mountain Hydro Nepal Limited technical analysis

Mountain Hydro Nepal Limited (MHNL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 261.10, down -4.40 (-1.66%) from the previous close of Rs. 265.50, ranging between Rs. 260.20 and Rs. 268.00 on the day on a traded volume of 15,766 shares.

Technical outlook

MHNL's technical picture is currently Bullish. Price (Rs. 265.50) is above its 20-day average (Rs. 245.06) — short-term uptrend. 20-day average is above the 50-day — medium-term trend is up. RSI is 67 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 271.13. support around rs. 250.69. Over the past year, MHNL has traded between a 52-week low of Rs. 223.00 and a high of Rs. 324.00, placing the current price at about 38% of that range.

A recent candlestick signal detected on MHNL: Bullish Marubozu — Strong full-body up candle with little wick — buyers 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.