SHEL

SHEL — Singati Hydro Energy Limited technical analysis

Singati Hydro Energy Limited (SHEL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 307.00, up +0.10 (+0.03%) from the previous close of Rs. 306.90, ranging between Rs. 301.80 and Rs. 307.70 on the day on a traded volume of 47,541 shares.

Technical outlook

SHEL's technical picture is currently Bullish. Price (Rs. 307.00) is above its 20-day average (Rs. 305.79) — short-term uptrend. 20-day average is above the 50-day — medium-term trend is up. RSI is 52 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 314.70. support around rs. 298.96. Over the past year, SHEL has traded between a 52-week low of Rs. 262.00 and a high of Rs. 361.00, placing the current price at about 45% of that range.

A recent candlestick signal detected on SHEL: Shooting Star — Long upper wick after a rise — buyers rejected, possible reversal down.

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.