MHNL

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. 242.00, up +2.10 (+0.88%) from the previous close of Rs. 239.90, ranging between Rs. 237.50 and Rs. 242.00 on the day on a traded volume of 3,176 shares.

Technical outlook

MHNL's technical picture is currently Mildly Bullish. Price (Rs. 242.00) is above its 20-day average (Rs. 240.41) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 49 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 258.28. support around rs. 233.67. 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 19% 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.