Ridi Power Company Limited

RIDI — Ridi Power Company Limited technical analysis

Ridi Power Company Limited (RIDI) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 349.70, up +2.70 (+0.78%) from the previous close of Rs. 347.00, ranging between Rs. 346.20 and Rs. 356.40 on the day on a traded volume of 320,644 shares.

Technical outlook

RIDI's technical picture is currently Mildly Bearish. Price is below its 20-day average (Rs. 350.38) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 45 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 358.68. support around rs. 218.88. Over the past year, RIDI has traded between a 52-week low of Rs. 204.90 and a high of Rs. 415.00, placing the current price at about 69% of that range.

A recent candlestick signal detected on RIDI: 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.