RAWA

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. 420.00, down -5.90 (-1.39%) from the previous close of Rs. 425.90, ranging between Rs. 419.00 and Rs. 426.00 on the day on a traded volume of 14,270 shares.

Technical outlook

RAWA's technical picture is currently Mildly Bearish. Price is below its 20-day average (Rs. 428.99) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 36 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 691.46. support around rs. 399.00. Over the past year, RAWA has traded between a 52-week low of Rs. 399.00 and a high of Rs. 851.70, placing the current price at about 5% of that range.

A recent candlestick signal detected on RAWA: Inside Bar — Range contained within the previous candle — consolidation before a move.

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.