Panchakanya Mai Hydropower Ltd

PMHPL — Panchakanya Mai Hydropower Ltd technical analysis

Panchakanya Mai Hydropower Ltd (PMHPL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 310.00, down -1.00 (-0.32%) from the previous close of Rs. 311.00, ranging between Rs. 309.10 and Rs. 314.50 on the day on a traded volume of 4,935 shares.

Technical outlook

PMHPL's technical picture is currently Mildly Bullish. Price (Rs. 311.00) is above its 20-day average (Rs. 305.62) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 52 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 327.55. support around rs. 300.43. Over the past year, PMHPL has traded between a 52-week low of Rs. 287.00 and a high of Rs. 428.00, placing the current price at about 16% of that range.

A recent candlestick signal detected on PMHPL: Bearish Engulfing — Down candle fully engulfs the prior up candle — momentum shifting 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.