Sanigad Hydro Limited

SGHL — Sanigad Hydro Limited technical analysis

Sanigad Hydro Limited (SGHL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 496.00, down -4.00 (-0.80%) from the previous close of Rs. 500.00, ranging between Rs. 495.00 and Rs. 506.00 on the day on a traded volume of 41,994 shares.

Technical outlook

SGHL's technical picture is currently Mildly Bullish. Price (Rs. 500.00) is above its 20-day average (Rs. 499.64) — 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. 519.97. support around rs. 465.80. Over the past year, SGHL has traded between a 52-week low of Rs. 299.30 and a high of Rs. 587.00, placing the current price at about 68% of that range.

A recent candlestick signal detected on SGHL: Bullish Engulfing — Up candle fully engulfs the prior down candle — momentum shifting up.

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.