Rawa Energy Development Limited

RAWA — Rawa Energy Development Limited technical analysis

Rawa Energy Development Limited (RAWA) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 428.00, up +2.00 (+0.47%) from the previous close of Rs. 426.00, ranging between Rs. 422.00 and Rs. 434.00 on the day on a traded volume of 14,571 shares.

Technical outlook

RAWA's technical picture is currently Mildly Bullish. Price (Rs. 426.00) is above its 20-day average (Rs. 410.42) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 56 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 690.11. support around rs. 415.47. Over the past year, RAWA has traded between a 52-week low of Rs. 379.00 and a high of Rs. 851.70, placing the current price at about 10% of that range.

A recent candlestick signal detected on RAWA: Morning Star — Down candle, small indecision candle, then a strong up candle — 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.