Rawa Energy Development Limited

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. 407.60, down -2.40 (-0.59%) from the previous close of Rs. 410.00, ranging between Rs. 406.00 and Rs. 411.90 on the day on a traded volume of 4,823 shares.

Technical outlook

RAWA's technical picture is currently Mildly Bearish. Below 20-day average (Rs. 409.87) — short-term weak. 20-day below 50-day — trend down. RSI 45 — neutral. MACD above signal — momentum up.

Key levels

The nearest resistance sits around rs. 430.50. support around rs. 398.80. 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 6% of that range.

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

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