Palpa Cement Industries Limited

PCIL — Palpa Cement Industries Limited technical analysis

Palpa Cement Industries Limited (PCIL) is a Manufacturing And Processing-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 615.00, down -6.80 (-1.09%) from the previous close of Rs. 621.80, ranging between Rs. 615.00 and Rs. 628.00 on the day on a traded volume of 44,533 shares.

Technical outlook

PCIL's technical picture is currently Mildly Bullish. Price (Rs. 621.80) is above its 20-day average (Rs. 617.22) — 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. 622.16. support around rs. 574.25. Over the past year, PCIL has traded between a 52-week low of Rs. 300.00 and a high of Rs. 1,280.00, placing the current price at about 32% of that range.

A recent candlestick signal detected on PCIL: Shooting Star — Long upper wick after a rise — buyers rejected, possible reversal down.

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.